Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2963 Tx-19 Huntsville, TX 77320

    • Land
    • 32.96 lot acres
    For Sale
    View listing
    $1,795,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2963 Tx-19

    Lot size
    32.96 lot acres
    Property type
    Land

    Description

    This exceptional 32.96-acre commercial land parcel presents a remarkable development opportunity in the desirable Huntsville, Texas area. Located at 2963 TX-19, this unrestricted property boasts convenient access to major transportation routes, placing it within easy reach of Sam Houston State University and Sam Houston State Park. The site offers significant advantages, including existing city water and three-phase power at the property's front, with single-phase power already available on-site. Further enhancing its appeal, the property sits outside the floodplain and benefits from multiple frontage/access points beyond the Highway 19 frontage. Extensive preliminary work has already been completed, including a current survey/topographic study, geotechnical report, environmental assessments, conceptual site plans, preliminary market research, and a TCEQ-approved permit for an on-site wastewater treatment plant. This significantly reduces the time and cost associated with typical development projects. The property is designated as an Opportunity Zone (QOZB), offering attractive tax advantages. Its unrestricted zoning allows for a wide range of development possibilities, including light industrial, mixed-use, storage facilities, small businesses, retail ventures, or residential projects. This is a truly exceptional opportunity for investors and developers seeking a prime location with significant pre-development work already completed. The asking price is $1,795,000. The APN is 19961. All utilities should be independently verified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Walker
    State
    Texas
    Longitude
    -95.458
    Latitude
    30.7976

    Comparable in this City

    • Value Estimation by Request

      275 Fm 247 Rd

      Land
      275 Fm 247 Rd, Huntsville, TX 77320
      View Details
    • Value Estimation by Request
      75.60 Acres

      Ih-45

      Land • 75.60 Acres
      0 Ih-45, Huntsville, TX 77320
      View Details
    • Value Estimation by Request
      4.00 Acres

      661 I-45

      Land • 4.00 Acres
      661 I-45, Huntsville, TX 77320
      View Details
    • Value Estimation by Request

      1014 Avenue J

      Land
      1014 Avenue J, Huntsville, TX 77320
      View Details
    • Value Estimation by Request
      20.00 Acres

      20 Ac Fm 980

      Farms • 20.00 Acres
      20 Ac Fm 980, Huntsville, TX 77320
      View Details
    • Value Estimation by Request

      218 Sh 30

      Land
      218 Sh 30, Huntsville, TX 77320
      View Details

    Similar Nearby for Sale

    • $3,628,992
      75.60 Acres

      Huntsville Commercial Land - 75 Acres

      Prime Texas Land: 75.6 Acres, $48k/Acre
      0 Ih-45, Huntsville, TX 77320
      View Details
    • $1,500,000
      301,870.00 Acres

      Huntsville TX Development Land

      6.98 Acres, Prime Location, High Visibility
      109 Heaton Ave, Huntsville, TX 77320
      View Details
    • $150,000

      Huntsville Commercial Land - $150K

      Prime 16,000 sq ft lot, ideal for business.
      1014 Avenue J, Huntsville, TX 77320
      View Details
    • Contact for pricing
      96.60 Acres

      Huntsville Land: I-45 Frontage

      96.6 Acres, Prime Development Site
      0 Moffett Springs Rd, Huntsville, TX 77320
      View Details
    • $399,500
      20.00 Acres

      20 Acres Huntsville, TX Land

      Prime Hunting & Recreational Land near Riverside
      20 Ac Fm 980, Huntsville, TX 77320
      View Details
    • $460,322
      20.01 Acres

      20 Acres | 103A Jenkins Road

      Farms • 20.01 Acres
      103A Jenkins Rd, Huntsville, TX 77320
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Huntsville, TX Commercial Land

      9.17 Acres, Artesian Well, Investment Opportunity
      155 Davidson Rd, Huntsville, TX 77320
      View Details
    • Contact for pricing
      238 SF

      Prime Food Truck Spot Available

      Profitable Food Truck Land Lease
      275 Fm 247 Rd, Huntsville, TX 77320
      View Details
    • $495,000
      46,609 SF

      Huntsville Land I-45 Access

      Commercial land with access on I-45 and Normal Park Drive.
      194 Interstate 45 S, Huntsville, TX 77320
      View Details
    • Contact for pricing
      9,731 SF

      Huntsville Medical Office Space

      New Medical/Office Building, 2,883-9,731 SF
      540 I-45, Huntsville, TX 77320
      View Details
    • $2,800 /Mo
      3,035 SF

      High-Visibility Commercial Space Available

      Versatile space suitable for warehouse, retail, office, or service businesses.
      209 State Highway 75 N, Huntsville, TX 77320
      View Details
    • $550,000
      2,400 SF

      High-Visibility Building Near Sam Houston

      Office building near university and local businesses for lease.
      929 University Ave, Huntsville, TX 77320
      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.
    2963 Tx-19
    Huntsville, TX 77320
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.