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    4908 Ih 37 Odem, TX 78370

    For Sale
    $750,000

    15 Acres, Excellent Location, Owner Will Divide

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 15-acre commercial land parcel presents a unique investment opportunity in Odem, Texas. Located at 4908 IH 37, Edroy, TX 78370 (27.9154871, -97.5788975), this property offers significant potential for various commercial developments. The asking price for the entire 15 acres is $750,000, translating to a price per acre ranging from $44,000 to $50,000. The seller is willing to consider dividing the land, making it accessible to a wider range of buyers and development plans. This flexibility allows for the acquisition of smaller parcels, potentially reducing the initial investment required. The property's strategic location along IH 37 provides excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. The substantial acreage offers ample space for a variety of commercial ventures, from retail and industrial uses to potential warehousing or light manufacturing. Detailed site surveys and environmental assessments are recommended to fully understand the development potential of this prime commercial land. This is a rare opportunity to secure a significant land holding in a growing Texas market. Contact us today to learn more about this exceptional property and explore the possibilities.

    Property Features for 4908 Ih 37

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • $750,000 asking price for 15 acres of commercial land.
    • Located at 4908 IH 37, Edroy, TX 78370.
    • Land value: $44,000 - $50,000 per acre.
    • Owner will consider dividing the property; smaller parcels available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odem
    County
    San Patricio
    State
    Texas
    Longitude
    -97.5788975
    Latitude
    27.9154871

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    FAQs

    What type of property is this?
    Land - 15 Acres, Excellent Location, Owner Will Divide
    Where is this land located?
    The property is located at 4908 Ih 37 Odem, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for 15 acres of commercial land.; Located at 4908 IH 37, Edroy, TX 78370.; Land value: $44,000 - $50,000 per acre.
    (361) 944-4179
    Request Owner's contact information
    4908 Ih 37 Odem, TX 78370
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    Realmo Value Estimation

    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.

    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.

    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
    4908 Ih 37 Odem, TX 78370
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