Add Listing
    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

    446 Paisano Dr George West, TX 78022

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3-acre tract with mobile home near Live Oak County Airport.

    Type:Industrial, Land, Mixed Use, Mobile Home Park
    Lot size:
    3.00 Acres
    Added:
    Sep 13, 2023
    Days on Market:
    955
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 446 Paisano Dr

    General Information

    Standard status
    Active
    Lot size
    3.00 Acres
    Property subtype
    Industrial, Land, Mixed Use, Mobile Home Park

    We can help!

    Listing Contact
    Felo Guerra

    Listing agent Felo Guerra License #539643

    Listing office Coldwell Banker Commercial Rio Grande Valley

    Listing date Sep 13, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Rio Grande Valley

    Overview

    3-Acre Tract Near Airport

    This 3-acre tract is located adjacent to the Live Oak County Airport in George West, Texas. The property includes a single wide mobile home that could be used as an office. Secure fencing is in place, and there is potential for expansion. The property is suitable for a number of uses including but not limited to a homestead, yard for service industry company along with other types of businesses. It offers a versatile setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    George West
    County
    Live Oak
    State
    Texas
    Longitude
    -98.1162655
    Latitude
    28.367991

    Nearby Similar for Sale

    • $25,000

      Highway Frontage Land in George West

      0.42-acre tract with highway access and visibility.
      3250 Highway 281 lot: 5, George West, TX 78022
      View Details
    • $197,250
      1,100 SF

      Car Wash Business For Sale

      Car wash business for sale on ground lease in George West.
      505 Nueces Street, George West, TX 78022
      View Details
    • $475,000

      20 Acres South Texas Paradise

      20-acre property with tiny homes, pool, and abundant wildlife.
      1331 Highway 281 S lot: 1, George West, TX 78022
      View Details
    • $345,000

      George West Acreage with Cabin

      30.6 acres with cabin near George West, Texas.
      188 Quail Drive lot: 136, George West, TX 78022
      View Details
    • $75,000

      Secluded Land with Cabin, Well

      2.5 acres with cabin, electricity, and water well.
      1828 Fm 534 lot: 14, George West, TX 78368
      View Details
    • $18,000

      Nueces River Frontage Land

      0.64-acre river lot with 80.84 feet of Nueces River frontage.
      County Road 320 lot: 20, George West, TX 78022
      View Details
    • $30,000

      Residential Lot Near High School

      Ready-to-build lot in George West, TX, ideal for families.
      515 Mesquite St. lot: 1-3, George West, TX 78022
      View Details
    • $120,000

      Remote Acreage for Hunting, Homesite

      10.19 acres perfect for hunting, homesite, or weekend getaway.
      449 Double Eagle Road lot: 126, George West, TX 78022
      View Details
    • $116,500

      16 Acres Hunting Land, Texas

      16.01 acres in South Texas, ideal for hunting.
      298 Double Eagle lot: 93, George West, TX 78022
      View Details
    • $99,900

      South Texas Hunting & Recreational Land

      10.38 acres in Double Eagle Ranch, perfect for hunting.
      132 Mesquite Spur lot: 95, George West, TX 78022
      View Details
    • $1,892,332

      363.91 Acres in Live Oak

      Land with agricultural and recreational potential near Interstate 37.
      TBD CR 321, George West, TX 78022
      View Details
    • $812,000

      George West Hunting Ranch Land

      Secluded 145-acre hunting ranch in George West, Texas.
      County Road 131, George West, TX 78022
      View Details

    FAQs

    What type of property is this?
    Land - 3-acre tract with mobile home near Live Oak County Airport.
    Where is this land located?
    The property is located at 446 Paisano Dr George West, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 3‑acre tract adjacent to Live Oak County Airport; Suitable for homestead, service industry yard, or other businesses; Secure fencing provides peace of mind
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Felo Guerra
    Real Estate License ID: 539643
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!