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    Property profile & analytics

    Franklin Rd Bruceville-Eddy, TX 76524

    • Land
    • 60.00 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Franklin Rd

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

    Description

    This exceptional 60-acre tract of land presents a unique investment opportunity in McLennan County, Texas. Located on Franklin Road in Bruceville-Eddy, this property offers convenient access to Interstate 35, just 0.1 miles west of I-35 via Highway 7, then a 1.7-mile turn onto Franklin Road. Its strategic location offers significant advantages for a variety of commercial, industrial, or agricultural uses. The property's zoning allows for diverse development possibilities, making it suitable for a wide range of businesses or projects. The land is situated just outside the city limits of Bruceville-Eddy, offering a blend of rural tranquility and convenient access to urban amenities. Reliable utility services are readily available, with electricity provided by Oncor and water service supplied by the city of Bruceville-Eddy. A key advantage is its adjacency to a planned future travel center, providing direct access to the heavily trafficked Interstate 35 and the Old Blevins Intersection, ensuring high visibility and accessibility. The property's APN numbers are 104082 and 104057. This is a rare opportunity to acquire a substantial parcel of land with excellent location and utility access in a rapidly growing area of Texas.

    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
    Bruceville-Eddy
    County
    McLennan
    State
    Texas
    Longitude
    -97.2659
    Latitude
    31.2887

    Comparable in this City

    • Value Estimation by Request
      131.59 Acres

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    • Value Estimation by Request
      80.00 Acres

      Tbd Crk 452

      Land • 80.00 Acres
      0 Tbd Crk 452, Bruceville-Eddy, TX 76524
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    • Value Estimation by Request
      80.00 Acres

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    • Value Estimation by Request
      23.00 Acres

      6 Frontage Rd

      Restaurants • 15,000 SF
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    • Value Estimation by Request
      1,568 SF

      Franklin Rd

      INDUSTRIAL (GENERAL) • 1,568 SF
      Franklin Rd, Eddy, TX 76524
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    • Value Estimation by Request
      862 SF

      101 State Hwy 7th 7

      INDUSTRIAL (GENERAL) • 862 SF
      101 State Hwy 7th 7, Eddy, TX 76524-2491
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60.00 Acres

      60-Acre Multi-Use Land, Bruceville-Eddy, TX

      Prime Texas acreage, I-35 access, utilities available.
      0 Franklin Rd, Bruceville-Eddy, TX 76524
      View Details
    • $765,890
      40.31 Acres

      40-Acre Land in Bruceville Eddy

      40-acre tract ideal for livestock, hay, or agricultural retreat.
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    • $520,000
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      15.8 Acre Homestead on Deer Creek

      15.8 acre homestead with creek frontage near Eddy, Texas.
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    • $765,890
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      Eddy, Texas 40-Acre Land

      40 acres in Eddy, TX ideal for livestock.
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    • $484,000
      36.00 Acres

      Unrestricted Land with Panoramic Views

      36 acres of Texas countryside with rolling hills and highway frontage.
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    • $495,000

      38 Acres with Farmhouse in Eddy

      38 acres featuring a farmhouse ready for restoration.
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    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      IH 35 Travel Center Retail Space

      Prime Eddy, TX Retail Space - Lease Available
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    • $1,500 /Mo

      12-Acre Parcel Off Interstate 35

      Prime land ideal for parking, storage, or retail ventures.
      1 Cr 452 Rd, Bruceville Eddy, TX 76524
      View Details
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    Bruceville-Eddy, TX 76524
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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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