Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21732 TX-90 Bedias, TX 77831

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

    2.6 acres with flex space and RV hookups.

    Type:Land
    Property size:
    1,100 SF
    Lot size:
    2.60 Acres
    Added:
    Aug 15, 2023
    Days on Market:
    985
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 21732 TX-90

    General Information

    Standard status
    Active
    Size
    1,100 SF
    Lot size
    2.60 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Harrison Walz

    Listing agent Harrison Walz License #810525

    Listing date Aug 15, 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 Harrison Walz

    Overview

    Highway Frontage Flex Space Opportunity

    This 2.6-acre property is located in Bedias, Texas, and offers multiple opportunities. It features 355 feet of Highway 90 road frontage and includes an 1,100 sqft metal-constructed industrial flex space with framed office/reception areas inside the warehouse. The building has a 12-foot height and an 8-foot wide metal roll-up door. There are four RV spaces fully equipped with water, sewer, and electricity along the Northside of the property. The property also includes a horseshoe driveway with two ingress/egress points. The tract(s) can be divided in two or bought together. Potential uses include a business location, storage facility, or RV park.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bedias
    County
    Grimes
    State
    Texas
    Longitude
    -95.9206
    Latitude
    30.7529

    Nearby Similar for Sale

    • $399,000

      Versatile Wooded Tract with Pond

      15-acre wooded tract with pond, ideal for recreation.
      3656 Luthe Road, Bedias, TX 77831
      View Details
    • $950,000

      Secluded Timberland Paradise in Bedias, TX

      78+/- acres of secluded timberland in Walker County, Texas.
      Dickey Loop, Bedias, TX 77831
      View Details
    • $525,000

      35.74 Acres in Bedias, TX

      Unimproved 35.74-acre tract with ponds, road frontage, and power.
      4641 County Road 129, Bedias, TX 77831
      View Details
    • $174,500

      Secluded Grimes County Land Parcel

      Private 9-acre parcel with mature trees and creek.
      6671 Cotton Street, Bedias, TX 77831
      View Details
    • $1,075,000
      2,837 SF

      33-Acre Farm with Custom Home

      33-acre farm featuring a custom home and multiple improvements.
      12018 Fm 2620 Road, Bedias, TX 77831
      View Details
    • $325,000

      Heavily Wooded Land with Ponds

      16.27 acres with ponds, timber, and utilities near reservoir.
      3634 Luthe Road, Bedias, TX 77831
      View Details
    • $1,670,000
      4,156 SF

      41-Acre Nature Preserve Home

      Home on 41 acres with lake, trails, and gardens.
      3702 County Rd 151, Bedias, TX 77831
      View Details
    • $835,000

      Secluded Home with Acreage and Pool

      Three-bed, two-bath home on 15 acres with pool.
      12065 Fm 1696 Rd, Bedias, TX 77831
      View Details
    • $1,450,000
      2,013 SF

      53-Acre Ranch with Modern Amenities

      53-acre ranch featuring two homes, ponds, and modern amenities.
      3759 County Road 126, Bedias, TX 77831
      View Details
    • $249,900

      Bedias, TX Land For Sale

      Corner lot with electric, pasture, and mature pines.
      11422 County Road 177, Bedias, TX 77831
      View Details
    • $749,950

      Land for Sale in Bedias

      Land available near County Road 103 and FM 1696.
      0001 County Road 176, Bedias, TX 77831
      View Details
    • $525,000
      1,556,834 SF

      35.74 Acres in Grimes County

      Unimproved land with ponds, road frontage, and new power.
      4641 County Road 129, Bedias, TX 77831
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.6 acres with flex space and RV hookups.
    Where is this commercial land located?
    The property is located at 21732 TX-90 Bedias, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Prime 2.6‑acre location in the heart of Bedias, TX.; Boasts 355 feet of Highway 90 road frontage.; Features a 1,100 sqft metal constructed industrial flex space with framed office/reception areas.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Harrison Walz
    Real Estate License ID: 810525
    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!