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

    0000 Hwy Pittsburg, TX 75686

    • Commercial real estate
    • 0.60 lot acres
    For Sale
    View listing
    $185,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0000 Hwy

    Lot size
    0.60 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.6-acre commercial property presents a remarkable investment opportunity in the thriving city of Pittsburg, Texas. Located at 0000 N Hwy 271, this lot is ideally situated within city limits, offering unparalleled convenience and accessibility. The property is zoned for commercial use, providing a wide range of development possibilities for entrepreneurs and investors alike. Existing utilities are readily available, simplifying the development process and minimizing upfront costs. The expansive 0.6-acre lot provides ample space for a variety of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. Its strategic location on N Hwy 271 ensures high visibility and easy access for customers and employees. This property represents a rare chance to acquire a prime commercial parcel in a growing Texas city. The asking price of $185,000 reflects the exceptional value and potential of this exceptional location. Don't miss this opportunity to secure a piece of Pittsburg's vibrant commercial landscape. Contact us today to schedule a viewing and explore the possibilities. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburg
    County
    Camp
    State
    Texas
    Longitude
    -94.9588
    Latitude
    32.997

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      2065 State Hwy

      Commercial real estate • 2.00 Acres
      2065 State Hwy, Pittsburg, TX 75686
      View Details
    • Value Estimation
      $260,000
      1.00 Acre

      Fm 1519

      COMMERCIAL (GENERAL) • 1.00 Acre
      Fm 1519, Pittsburg, TX 75686
      View Details
    • Value Estimation
      $260,000
      0.33 Acres

      Fm 1520

      COMMERCIAL (GENERAL) • 0.33 Acres
      Fm 1520, Pittsburg, TX 75686
      View Details
    • Value Estimation
      $255,000
      0.19 Acres

      Fm 557

      COMMERCIAL (GENERAL) • 0.19 Acres
      Fm 557, Pittsburg, TX 75686
      View Details
    • Value Estimation
      $280,000
      14.89 Acres

      2485 Fm 993

      COMMERCIAL (GENERAL) • 14.89 Acres
      2485 Fm 993, Pittsburg, TX 75686-5701
      View Details
    • Value Estimation
      $290,000
      10.00 Acres

      Loop 179

      COMMERCIAL (GENERAL) • 10.00 Acres
      Loop 179, Pittsburg, TX 75686
      View Details

    Similar Nearby for Sale

    • $295,000
      0.06 Acres

      Downtown Pittsburg Restaurant & Bar

      Prime location, established business, great potential.
      120 Jefferson St, Pittsburg, TX 75686
      View Details
    • Contact for pricing
      1.38 Acres

      Leesburg Commercial Land - 1.38 Acres

      Prime Texas commercial lot, unrestricted building.
      0 Tbd Fm 1519, Leesburg, TX 75686
      View Details
    • $425,000
      0.19 Acres

      Pittsburg, TX Commercial Property

      High-traffic retail/office space, 4 leased units.
      506 Greer Blvd, Pittsburg, TX 75686
      View Details
    • $500,000
      5.00 Acres

      Pittsburg, TX Commercial Land - $500K

      5-Acre Development Ready Tract, Hwy 271
      700 Greer Blvd, Pittsburg, TX 75686
      View Details
    • $410,000

      Pittsburg Commercial Property - 4 Units

      High-traffic, leased commercial building. Great investment!
      506 Greer Blvd, Pittsburg, TX 75686
      View Details
    • $185,000
      0.60 Acres

      Pittsburg Commercial Land Opportunity

      Prime Pittsburg location, commercial zoning.
      0000 Hwy, Pittsburg, TX 75686
      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.
    0000 Hwy
    Pittsburg, TX 75686
    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.