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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9293 Highway 418 Silsbee, TX 77656

    • Retail properties
    • 9,100 SF
    • 4.07 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar General / General Store / Variety Store
    • Western Union / Money Order Service / Money Transfer Service

    Property Details for 9293 Highway 418

    Year built
    2016
    Lot size
    4.07 lot acres
    Property size
    9,100 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silsbee
    County
    Hardin
    State
    Texas
    Longitude
    -94.2173
    Latitude
    30.3865

    Comparable in this City

    • Value Estimation
      $300,000
      1,800 SF

      510 Hwy 327th W

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      510 Hwy 327th W, Silsbee, TX 77656-4714
      View Details
    • Value Estimation
      $345,000
      2,335 SF

      335 Hwy 327th W

      RETAIL STORES (PERSONAL SERVICES) • 2,335 SF
      335 Hwy 327th W, Silsbee, TX 77656-4709
      View Details
    • Value Estimation
      $600,000
      24,800 SF

      1000 Hwy 327th E

      RETAIL STORES (PERSONAL SERVICES) • 24,800 SF
      1000 Hwy 327th E, Silsbee, TX 77656-5118
      View Details
    • Value Estimation by Request
      0.50 Acres

      333 Kirby Ave

      Land • 1,000 SF
      333 Kirby Ave, Silsbee, TX 77656
      View Details
    • Value Estimation by Request
      38.00 Acres

      3426 Farm To Market 1131

      Retail properties • 38.00 Acres
      3426 Farm To Market 1131, Silsbee, TX 77656
      View Details
    • Value Estimation by Request
      10,000 SF

      3025 Us-96

      Restaurants • 10,000 SF
      3025 Us-96, Silsbee, TX 77656
      View Details

    Similar Nearby for Sale

    • $5,411,536
      14,550 SF

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      Individual retail properties • 14,550 SF
      496 Highway 96, Silsbee, TX 77656
      View Details
    • $165,000
      1,840 SF

      Silsbee Commercial Property with Offices

      Versatile commercial building with office spaces and fenced yard.
      220 Avenue J E, Silsbee, TX 77656
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    • $135,000
      2,335 SF

      Silsbee Auto Shop & Retail Space

      Prime Silsbee location, two buildings, high visibility.
      335 Avenue, Silsbee, TX 77656
      View Details
    • $155,000
      420 SF

      Turnkey Commercial Property with Highway Frontage

      Commercial property with drive-through, food truck hook-up, and highway frontage.
      1310 S Us Highway 96, Silsbee, TX 77656
      View Details
    • $223,250

      Unrestricted Land Near Silsbee, Texas

      Unrestricted, sustainably wooded land suitable for recreation or residential use.
      000 Cravens Camp Rd, Silsbee, TX 77656
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    • $200,925

      Unrestricted Land Near Silsbee, Texas

      Unrestricted, sustainably wooded land suitable for recreation or residential use.
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      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      1,600 SF

      Retail Space in Silsbee Center

      Former Game Stop location in a busy shopping center.
      1019 Highway 96 Byp, Silsbee, TX 77656
      View Details
    • $18 SF/Yr
      3,500 SF

      Restaurant Space with Large Kitchen

      3,500 SF restaurant space featuring a large kitchen.
      3025 Highway 96, Silsbee, TX 77656
      View Details
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    9293 Highway 418
    Silsbee, TX 77656
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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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