Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tx-132 Natalia, TX 78016

    Sponsored
    For Sale
    $722,000

    38 Acres, $722,000 - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    410
    This exceptional 38-acre tract of unimproved land presents a unique investment opportunity in Devine, Texas, conveniently located just outside of San Antonio. Currently priced at $722,000, this represents a compelling value of $19,000 per acre. The property, identified as the SH 132 Tract, will be professionally surveyed prior to closing, ensuring a precise and accurate land description. This parcel is situated outside the city limits of Devine, within Medina County, offering potential flexibility in development. The property's strategic location provides convenient access to major transportation routes. A significant advantage is the proximity of Benton City water, running alongside SH-132. Prospective buyers should independently verify the availability of water capacity to meet their specific needs. The seller is open to discussing the possibility of acquiring additional contiguous acreage, providing opportunities for larger-scale projects. This versatile land is suitable for a variety of commercial, industrial, or residential uses, making it an attractive investment for developers and entrepreneurs seeking a prime location in a rapidly growing area. The property's size and location offer significant potential for future appreciation. Serious inquiries are encouraged to explore this exceptional land opportunity.

    Property Features for 0 Tx-132

    General Information

    Property type
    Land
    Lot Size
    1,655,280 SF

    We can help!

    Listing Contact
    Adam Schneider
    Adam Schneider

    Learn more

    HighLights

    • $722,000 asking price.
    • 38‑acre land parcel.
    • Located in Devine, TX, near San Antonio.
    • $19,000 per acre land value.
    • Commercial, industrial, and residential zoning potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Natalia
    County
    Medina
    State
    Texas
    Longitude
    -98.889589727379
    Latitude
    29.157934841965

    Nearby Similar for Sale

    • $650,900
      1,920 SF

      Natalia Horse Ranch on 25+ Acres

      Exceptional horse ranch blending peace and productivity on 25.83 acres.
      18434 Fm 471, Natalia, TX 78059
      View Details
    • $284,900
      1,240 SF

      New Duplex Near IH-35

      New duplex between Lytle and Natalia, TX with income potential.
      3274 N Ih 35, Natalia, TX 78059
      View Details
    • New
      $410,000
      0.21 Acres

      Natalia, TX Duplex Investment

      Charming duplex with high income potential in Natalia, Texas.
      401 Aubrey St, Natalia, TX 78059
      View Details
    • $410,000
      1,920 SF

      Natalia Horse Ranch on 20.5 Acres

      Horse ranch on 20.5 acres near Natalia, Texas.
      18434A Fm 471, Natalia, TX 78059
      View Details
    • $275,000

      Mechanic Shop Near Interstate 35

      Well-equipped mechanic shop with diesel bays near I-35.
      4060 I-35 North, Natalia, TX 78059
      View Details
    • $599,000

      Equestrian Property with Modern Upgrades

      Updated home on 5.49 acres with horse stables.
      160 County Road 6860, Natalia, TX 78059
      View Details
    • $110,000

      Corner Commercial Property in Natalia

      Corner commercial property with concrete slab and utilities in Natalia.
      1774 Hwy, Natalia, TX 78059
      View Details
    • $360,000
      2,356 SF

      Natalia Home on 4 Acres

      Four-bedroom home on 4 acres with garage and cabin.
      277 County Road 7812, Natalia, TX 78059
      View Details
    • $540,000

      County Road Property For Sale

      Property available for sale on County Road.
      472 County Road 6723, Natalia, TX 78059
      View Details
    • $690,000

      Natalia, TX Specialty Property

      Specialty property for sale in Natalia, Texas.
      224 County Road 789, Natalia, TX 78059
      View Details
    • $375,000

      County Road Specialty Property

      Specialty property available for sale on County Road.
      141 County Road 786, Natalia, TX 78059
      View Details
    • $1,190,000
      34.00 Acres

      Natalia Commercial Land - Prime Location

      34 Acres, High Visibility, Development Potential
      Tbd Fm 463, Natalia, TX 78059
      View Details

    FAQs

    What type of property is this?
    Land - 38 Acres, $722,000 - Prime Location
    Where is this land located?
    The property is located at Tx-132 Natalia, TX.
    What is the asking price?
    The asking price for this property is $722,000.
    What are key features of this property?
    This property features: $722,000 asking price.; 38-acre land parcel.; Located in Devine, TX, near San Antonio.
    Request Owner's contact information
    Tx-132 Natalia, TX 78016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tx-132
    Natalia, TX 78016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tx-132 Natalia, TX 78016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Adam Schneider
    Adam Schneider
    Real Estate License ID: TX 687404
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.