Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    822 County Rd Scroggins, TX 75480

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    822 County Rd Scroggins, TX 75480

    View on Map
    • Warehouses
    • 448 SF
    • 9.87 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 822 County Rd

    Lot size
    9.87 lot acres
    Property size
    448 SF
    Property type
    Warehouses
    Property subtype
    Land

    Description

    This exceptional commercial property, located at 822 SE County Road 4385 in Scroggins, Texas, presents a unique investment opportunity. The warehouse building offers 448 square feet of usable space, ideal for various commercial or storage applications. Situated on a generous 9.87-acre lot, the property provides ample room for expansion or future development. The property's industrial zoning and substantial land area offer significant potential for a variety of uses. The location in Scroggins, TX, zip code 75480, within Franklin County, provides easy access to key transportation routes. This property is perfect for entrepreneurs seeking a versatile space or investors looking for a strong return. The asking price is $374,000. The property is classified as both industrial and land, with a warehouse and commercial subtype. This is a rare opportunity to acquire a substantial piece of land with an existing structure in a desirable Texas location. The property is ready for immediate occupancy and offers significant upside potential. The property is conveniently located near Lake Cypress Springs and Lake Bob Sandlin.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Scroggins
    County
    Franklin
    State
    Texas
    Longitude
    -95.1609
    Latitude
    33.0355

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      Tbd Canadian Dr

      Land • 0.27 Acres
      0 Tbd Canadian Dr, Scroggins, TX 75480
      View Details
    • Value Estimation by Request
      0.84 Acres

      R5 Big Pne Est

      Land • 0.84 Acres
      R5 Big Pne Est, Scroggins, TX 75480
      View Details
    • Value Estimation by Request
      0.70 Acres

      18 Country Club Rd

      Land • 0.70 Acres
      18 Country Club Rd, Scroggins, TX 75480
      View Details
    • Value Estimation by Request
      0.70 Acres

      Tbd Charlya Dr

      Land • 0.70 Acres
      0 Tbd Charlya Dr, Scroggins, TX 75480
      View Details
    • Value Estimation by Request
      0.90 Acres

      Scroggins, TX 75480

      COMMERCIAL (GENERAL) • 0.90 Acres
      Scroggins, TX 75480
      View Details
    • Value Estimation by Request
      6,293 SF

      Scroggins, TX 75480

      COMMERCIAL (GENERAL) • 6,293 SF
      Scroggins, TX 75480
      View Details

    Similar Nearby for Sale

    • $79,999
      1.02 Acres

      Unrestricted Land Near Lakes

      One-acre unrestricted lot near Lake Bob Sandlin and Cypress Springs.
      Tbd County Rd SE 4350, Scroggins, TX 75480
      View Details
    • $120,000
      6.16 Acres

      Wooded Land Near Lake Cypress

      6+ acre wooded tract near Lake Cypress Springs.
      Tbd 6.16 Acres Fm 115, Scroggins, TX 75480
      View Details
    • $227,777
      20.71 Acres

      Wooded Land near Lake Bob

      20.7 acres of wooded land with utilities in Scroggins, TX.
      1884 SE County Road 4350, Scroggins, TX 75480
      View Details
    • $79,999
      1.02 Acres

      Unrestricted Land Near Lakes

      One-acre unrestricted lot near Lake Bob Sandlin and Cypress Springs.
      Tbd Co Rd SE 4350, Scroggins, TX 75480
      View Details
    • $79,999
      1.02 Acres

      Unrestricted Land Near Lakes

      One-acre, heavily treed lots near Lake Bob Sandlin and Cypress.
      Tbd County Rd SE 4350, Scroggins, TX 75480
      View Details
    • $565,000
      1.66 Acres

      Lakefront Lot with No HOA

      1.66 acre lakefront lot on Lake Bob Sandlin.
      1 Ezelle Way, Scroggins, TX 75480
      View Details
    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.
    822 County Rd
    Scroggins, TX 75480
    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

    Thank You for Inquiry

    822 County Rd, Scroggins, TX, 75480

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!