Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    51.72+/- Vzcr 1121 Grand Saline, TX 75140
    Back to Search
    Property profile & analytics

    51.72+/- Vzcr 1121 Grand Saline, TX 75140

    View on Map
    • Land
    • 51.72 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 51.72+/- Vzcr 1121

    Lot size
    51.72 lot acres
    Property type
    Land

    Description

    This exceptional 51.72-acre commercial land tract presents a unique investment opportunity in Grand Saline, Texas, zip code 75140. Located in Van Zandt County at 51.72+/- VZCR 1121, this property boasts a captivating blend of natural beauty and development potential. The land is primarily wooded, featuring a mix of trees and open pastureland, complemented by a small pond and an old barn. A significant advantage is the substantial road frontage, providing excellent accessibility. The property's diverse landscape supports abundant wildlife, including deer and hogs, making it ideal for hunting and recreational activities. The acreage offers a tranquil setting, perfect for building a home, establishing a recreational retreat, or pursuing various commercial ventures. The property is fenced with barbed wire. The acreage falls within the 51-99 acre range. Enjoy the picturesque East Texas scenery, including stunning starry nights, sunrises, and sunsets. Asking price is $543,180.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Saline
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.6879
    Latitude
    32.6347

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      13758 Fm 17

      Farms • 15.00 Acres
      13758 Fm 17, Grand Saline, TX 75140
      View Details
    • Value Estimation by Request
      29.00 Acres

      29 +/- Vzcr 1318

      Land • 29.00 Acres
      29 +/- Vzcr 1318, Grand Saline, TX 75140
      View Details
    • Value Estimation by Request
      22.00 Acres

      1 Crk 1604

      Land • 22.00 Acres
      1 Crk 1604, Grand Saline, TX 75140
      View Details
    • Value Estimation by Request
      33.19 Acres

      8213 Fm 1255

      Land • 33.19 Acres
      8213 Fm 1255, Grand Saline, TX 75140
      View Details
    • Value Estimation by Request
      15.25 Acres

      Fm 1255

      Land • 15.25 Acres
      0 Fm 1255, Grand Saline, TX 75140
      View Details
    • Value Estimation by Request
      0.08 Acres

      Main

      COMMERCIAL (GENERAL) • 0.08 Acres
      Main, Grand Saline, TX 75140
      View Details

    Similar Nearby for Sale

    • $45,000
      0.83 Acres

      Vacant Land Near Downtown

      Unimproved 0.83 acre lot near downtown Grand Saline, TX.
      Tbd Vz Cr 1823, Grand Saline, TX 75140
      View Details
    • $48,500
      1.10 Acres

      East Texas Acreage for Sale

      1.10 acre lot near HWY 80 and I-20.
      3 Vz County Road 1810, Grand Saline, TX 75140
      View Details
    • $52,500
      1.51 Acres

      East Texas Land For Sale

      1.509 acre lot near HWY 80 and I-20.
      4 Vz County Road 1810, Grand Saline, TX 75140
      View Details
    • $48,500
      1.20 Acres

      East Texas Acreage Opportunity

      1.2 acre lot near HWY 80 with utilities access.
      9 Vz County Road 1810, Grand Saline, TX 75140
      View Details
    • $82,900
      2.93 Acres

      East Texas Land with Pond

      2.933 acre lot with pond frontage near Hwy 80.
      10 Vz County Road 1810, Grand Saline, TX 75140
      View Details
    • $330,000
      22.00 Acres

      East Texas Land with Hardwoods

      22 acres of scenic East Texas land near Grand Saline.
      3 Tbd Vzcr 1507, Grand Saline, TX 75140
      View Details

    Similar Nearby for Lease

    • $550 /Mo
      86,902 SF

      Office Space in Grand Saline

      Office space for lease in a small strip shopping center.
      101 E Grand Plz, Grand Saline, TX 75140
      View Details
    • Contact for pricing
      517 SF

      Office/Retail Space For Lease

      Versatile space in a shopping center, suitable for office/retail.
      101 E Grand Plz, Grand Saline, TX 75140
      View Details
    • Contact for pricing

      Retail Space Near Downtown

      Retail space conveniently located near Downtown Grand Saline.
      501 W Garland St, Grand Saline, TX 75140
      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.
    51.72+/- Vzcr 1121
    Grand Saline, TX 75140
    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
    51.72+/- Vzcr 1121, Grand Saline, TX, 75140
    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!