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    251 County Road 307 Jarrell, TX 76537

    • Commercial real estate
    • 10.00 lot acres
    For Sale
    View listing
    $1,650,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3786929
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 251 County Road 307

    Lot size
    10.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 10-acre commercial land parcel, located at 251 County Road 307 in Jarrell, Texas, presents a compelling investment opportunity. Priced at $1,650,000, this property offers significant potential for a variety of commercial developments. The site is conveniently situated near Jarrell's downtown area and enjoys the advantage of being only one mile from Interstate Highway 35, providing excellent accessibility and visibility. Essential utilities, including water and wastewater, are readily available at the site. The property is zoned BP, allowing for diverse development options, including but not limited to office warehouse space, general office buildings, retail establishments, and indoor self-storage facilities. This makes it an ideal location for developers and investors seeking to capitalize on the growth and potential of this thriving Williamson County community. The 76537 zip code reflects a dynamic area with promising demographics. This 10-acre tract provides ample space for a substantial project, offering a blank canvas for a visionary development. The strategic location and zoning flexibility combine to create a truly unique opportunity to build something exceptional in a rapidly expanding market. Detailed zoning information and site plans are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jarrell
    County
    Williamson
    State
    Texas
    Longitude
    -97.614959082097
    Latitude
    30.834695187907

    Comparable in this City

    • $2,600,000
      15.00 Acres

      Jarrell, TX Commercial Land

      15 Acres, High-Growth Area, Development Ready
      85 Prairie Dr, Jarrell, TX 76537
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    • $546,000
      1.00 Acres

      I-35 Frontage Commercial Land

      Jarrell, TX - Owner Financing Available
      100 Meadow Valley Loop, Jarrell, TX 76537
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    • $3,500,000

      Expansive Land Opportunity in Jarrell

      26.97-acre tract with endless potential in a growing community.
      1775 County Road 305, Jarrell, TX 76537
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    • $250,000

      1.9 Acres on County Road

      1.9 acres with frontage on County Road 305.
      2585 County Road 305, Jarrell, TX 76537
      View Details
    • $1,900,000

      Jarrell, TX Development Opportunity

      Land in rapidly expanding Jarrell, TX. Development opportunity.
      1100-1150 County Road 308, Jarrell, TX 76537
      View Details
    • $489,000

      Prime Land in Jarrell, Texas

      Development opportunity in a rapidly growing Central Texas community.
      Ave G Ave, Jarrell, TX 76537
      View Details

    Similar Nearby for Sale

    • $785,000
      0.87 Acres

      Last Jarrell Pad Site Available

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    • $3,200,000

      Land For Sale

      Land available for purchase.
      000 County Road 315, Jarrell, TX 76537
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    • Contact for pricing

      83 Acres New Construction Opportunity

      83 acres available for new construction with utilities onsite.
      County Road 305, Jarrell, TX 76537
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    • $5,000,000

      Land For Sale Jarrell, TX

      Land available for purchase in Jarrell, Texas.
      301 County Road 372, Jarrell, TX 76537
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    • $453,000

      Prime Commercial Land I-35 Frontage

      2-acre commercial property with I-35 frontage in Jarrell, Texas.
      12700 N 5Th St, Jarrell, TX 76537
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    • $5,000,000

      Land with Excellent Visibility

      Land with high visibility and access near residential developments.
      1515 County Road 315, Jarrell, TX 76537
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    Similar Nearby for Lease

    • $3,500 /Mo

      Jarrell Office on Acreage

      2,000 sq ft office on over an acre.
      401 County Road 216, Jarrell, TX 76537
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    • Contact for pricing
      20,050 SF

      Jarrell Industrial Facility For Rent

      20,050 SF industrial facility on 7.90 acres in Jarrell, TX.
      75 County Road 372, Jarrell, TX 76537
      View Details
    • $4,250 /Mo

      Distribution Property Near IH 35

      Distribution property in prime location near IH 35.
      500 L R Williams Ln Ln, Jarrell, TX 76537
      View Details
    • $10,800 /Mo

      Office Space in Growing Community

      3,600 SF office space in Jarrell, Texas for lease.
      321 Limestone Ter, Jarrell, TX 76537
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    • $12 SF/Yr
      6,450 SF

      Cougar Plaza: Jarrell Office Space

      Prime Jarrell Office Suites, Flexible Sizes
      305 Limestone Ter, Jarrell, TX 76537
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    • $1,649 /Mo

      New Home in Quiet Neighborhood

      Brand new 3-bedroom home with fenced backyard and luxury features.
      518 Whirlaway Dr, Jarrell, TX 76537
      View Details
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    251 County Road 307
    Jarrell, TX 76537
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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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