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    49 Hwy Avinger, TX 75630

    • Commercial real estate
    • 0.10 lot acres
    For Sale
    View listing
    $24,995
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 49 Hwy

    Lot size
    0.10 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.1-acre commercial lot presents a rare opportunity in the heart of Avinger, Texas. Situated on a highly visible corner lot in downtown Avinger, this property boasts convenient access from two sides of the road, eliminating traffic flow concerns and maximizing exposure for any future development. The land is completely level, significantly reducing site preparation costs and expediting the construction process. This translates to immediate savings and a faster return on investment for the discerning buyer. Its prime location offers unparalleled convenience, placing your future business within walking distance of the popular Five D Restaurant and the vibrant downtown area. This ensures high visibility and easy access for both employees and customers. The property's exceptional location and build-ready condition make it ideal for a wide range of commercial ventures, from retail spaces and restaurants to professional offices and light industrial uses. The absence of existing structures allows for complete design flexibility, enabling you to create a space perfectly tailored to your specific business needs. Don't miss this chance to acquire a highly desirable commercial lot in a thriving Texas town. Act quickly, as opportunities like this are seldom available. The asking price of $24,995 represents exceptional value for a property with such desirable characteristics and location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avinger
    County
    Cass
    State
    Texas
    Longitude
    -94.576
    Latitude
    32.8483

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      16580 Hwy 155

      COMMERCIAL (GENERAL) • 4,000 SF
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    • Value Estimation by Request
      500 SF

      Depot St

      COMMERCIAL (GENERAL) • 500 SF
      Depot St, Avinger, TX 75630
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    • Value Estimation
      $3,630,000
      55,070 SF

      245 Conner

      COMMERCIAL (GENERAL) • 55,070 SF
      245 Conner, Avinger, TX 75630-3029
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    • Value Estimation by Request
      1,964 SF

      Fm 729th St

      COMMERCIAL (GENERAL) • 1,964 SF
      Fm 729th St, Avinger, TX 75630
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    • Value Estimation by Request
      1,296 SF

      195 Liberty Rd, Unit 1601

      COMMERCIAL (GENERAL) • 1,296 SF
      195 Liberty Rd, Avinger, TX 75630-9707
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    • Value Estimation by Request
      2,256 SF

      7 Main St

      COMMERCIAL (GENERAL) • 2,256 SF
      7 Main St, Avinger, TX 75630
      View Details

    Similar Nearby for Sale

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      Avinger Commercial Corner Lot

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      Waterfront Lots on Lake O’ Pines

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    49 Hwy
    Avinger, TX 75630
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    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
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