Add Listing
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

    17964 Old Jacksonville Hwy Flint, TX 75762

    • Land
    • 1.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 17964 Old Jacksonville Hwy

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

    Description

    This exceptional 1.5-acre commercial/industrial land parcel presents a unique investment opportunity in Flint, Texas. Located at 17964 Old Jacksonville Highway, this property boasts high visibility on a major thoroughfare, making it ideal for a variety of businesses. Zoned outside city limits, this site offers minimal restrictions, providing flexibility for development. The asking price is $150,000. The expansive lot size allows for ample space to construct a Quick Service Restaurant (QSR), fuel station, travel center, retail establishment, or to relocate an existing business. Its strategic location ensures convenient access for customers and employees. This property is situated in Smith County, Texas, with the zip code 75762. Note that similar sized parcels (2 and 3 acres) are also available in the immediate vicinity. This is a rare chance to acquire a highly visible and versatile property in a growing area with minimal zoning limitations. The property's location offers significant potential for strong returns on investment. Serious inquiries are encouraged to explore this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Smith
    State
    Texas
    Longitude
    -95.3492
    Latitude
    32.2181

    Comparable in this City

    • Value Estimation by Request
      5,422 SF

      17795 State Highway 155

      Distribution properties • 5,422 SF
      17795 State Highway 155, Flint, TX 75762
      View Details
    • Value Estimation by Request
      2.00 Acres

      17966 Fm 2493

      Land • 2.00 Acres
      17966 Fm 2493, Flint, TX 75762
      View Details
    • Value Estimation by Request
      7.00 Acres

      5218 Fm 2813

      Farms • 7.00 Acres
      5218 Fm 2813, Flint, TX 75762
      View Details
    • Value Estimation by Request
      1.84 Acres

      20175 State Highway 155

      Land • 1.84 Acres
      20175 State Highway 155, Flint, TX 75762
      View Details
    • Value Estimation by Request
      3.86 Acres

      16729 Malibu Dr

      Land • 3.86 Acres
      16729 Malibu Dr, Flint, TX 75762
      View Details
    • Value Estimation by Request
      5,422 SF

      17795 State Highway 155

      Land • 5,422 SF
      17795 State Highway 155, Flint, TX 75762
      View Details

    Similar Nearby for Sale

    • $2,600,000
      5,422 SF

      Prime Flint, TX Commercial Land

      27 Acres, Warehouse, Income Potential
      17795 State Highway 155, Flint, TX 75762
      View Details
    • $867,715
      1.66 Acres

      Prime Flint, TX Commercial Land

      1.66 Acres, Zoned Commercial
      20175 State Highway 155, Flint, TX 75762
      View Details
    • $2,095,000
      14.39 Acres

      Hwy 79 & Evenside Street Land

      14-Acre Commercial/Residential Land, High Traffic
      0 Hwy 79, Flint, TX 75762
      View Details
    • $349,900
      15.79 Acres

      East Texas Acreage Near Tyler

      15-acre property near Tyler, ideal for building or recreation.
      19555 Cr 178, Flint, TX 75762
      View Details
    • $159,500
      5.80 Acres

      Unimproved Land in Flint, Texas

      Vacant land available for showing in Flint, Texas.
      10 Cr 189, Flint, TX 75762
      View Details
    • $1,050,667
      2.01 Acres

      Prime Flint, TX Commercial Land

      2.01 Acres, $1.05M, Hwy 155
      20175 State Highway 155, Flint, TX 75762
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,648 SF

      Flint Warehouse Space Available

      10,648 square foot warehouse space for lease in Flint, TX.
      17601 State Highway 155 S, Flint, TX 75762
      View Details
    • $4 SF/Yr
      58,184 SF

      Landmark Business Park: Prime Flint, TX Space

      Flex, warehouse, distribution space available in thriving East Texas location.
      17521 State Highway 155, Flint, TX 75762
      View Details
    • $30,000

      Landmark Business Park Retail/Office

      Office and retail spaces in high-growth East Texas business park.
      17581 State Highway 155 S, Flint, TX 75762
      View Details
    • Contact for pricing
      9,000 SF

      Hooks Village Phase II: Prime Space

      Flint, TX Retail/Office/Medical Opportunity
      20083 State Highway 155, Flint, TX 75762
      View Details
    • Contact for pricing

      Highway Frontage Retail Opportunity

      2.5-acre tract on Highway 155 in Flint, Texas.
      19785 State Highway 155 S, Flint, TX 75762
      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.
    17964 Old Jacksonville Hwy
    Flint, TX 75762
    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.
    Sign Up Successful!
    You now have access to more from Realmo!