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    Property profile & analytics

    111 Wells St Edna, TX 77957

    • Land
    • 4.00 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 111 Wells St

    Lot size
    4.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4-acre commercial and industrial land parcel presents a unique investment opportunity in Edna, Texas. Strategically located at the intersection of US Highway 59 and County Road 111 (North Wells Street), this property boasts high visibility and convenient access to major transportation routes. Its versatile zoning allows for a variety of development options, making it ideal for businesses seeking a prominent location in a growing area. Potential uses include retail establishments such as quick-service restaurants or convenience stores, as well as industrial or manufacturing facilities. The property is serviced by City of Edna utilities, ensuring a seamless transition for future development. Its proximity to major Texas cities offers significant advantages: approximately 100 miles to Houston, 140 miles to San Antonio, and 107 miles to Corpus Christi, providing easy access to a large consumer base and extensive supply chains. This prime location, combined with the ample acreage and versatile zoning, makes this property an attractive investment for both short-term and long-term growth. The property is ready for development and offers significant potential for return on investment. Contact for pricing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edna
    County
    Jackson
    State
    Texas
    Longitude
    -96.6521
    Latitude
    28.9933

    Comparable in this City

    • Value Estimation
      $215,000
      7.17 Acres

      Edna, TX 77957

      INDUSTRIAL (GENERAL) • 7.17 Acres
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    • Value Estimation
      $320,000
      161.40 Acres

      3048 County Rd 282

      INDUSTRIAL (GENERAL) • 161.40 Acres
      3048 County Rd 282, Edna, TX 77957-5273
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    • Value Estimation by Request
      189.20 Acres

      2291 Fm 234

      Farms • 189.20 Acres
      2291 Fm 234, Edna, TX 77957
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    • Value Estimation by Request

      4508 Us Highway 59

      Farms
      4508 Us Highway 59, Edna, TX 77957
      View Details
    • Value Estimation
      $230,000
      0.01 Acres

      Flt Fish Bnd Bnd

      COMMERCIAL (GENERAL) • 0.01 Acres
      Flt Fish Bnd Bnd, Edna, TX 77957
      View Details
    • Value Estimation by Request

      813 1st St

      COMMERCIAL (GENERAL)
      813 1st St, Edna, TX 77957-3005
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.00 Acres

      Prime Edna, TX Commercial Land

      4-Acre Tract, Hwy 59 & CR 111
      111 Wells St, Edna, TX 77957
      View Details
    • $200,000
      4,400 SF

      Edna, TX Commercial Land Opportunity

      Prime 4,400 SF lot, $200,000
      117 Main St, Edna, TX 77957
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    • New
      $394,000
      16.69 Acres

      16.685 Acres in Edna, TX

      Unrestricted 16.685-acre property with barn, utilities, and road frontage.
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    • $350,000
      10.00 Acres

      Secluded 10-Acre Wooded Land

      10-acre wooded tract surrounded by large acreage tracts.
      County Road 114, Edna, TX 77957
      View Details
    • $399,900

      Land For Sale

      Land available for purchase.
      352 Crk 1301 St, Edna, TX 77957
      View Details
    • $105,000

      10 Acres Buildable Land

      10 acres of land with no HOA or restrictions.
      County Road 412, Edna, TX 77957
      View Details
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    111 Wells St
    Edna, TX 77957
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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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