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    1300 Shannon Rd Sulphur Springs, TX 75482

    • Commercial real estate
    • 5.41 lot acres
    For Sale
    View listing
    $795,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6289722
    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 1300 Shannon Rd

    Lot size
    5.41 lot acres
    Property type
    Commercial real estate
    APN
    R000007545
    APU
    R000007545

    Description

    This exceptional 5.413-acre property boasts unparalleled visibility and accessibility, situated directly on Interstate 30's service road (Shannon Road) in Sulphur Springs, Texas, zip code 75482. The land offers two convenient access points: one via the I-30 service road, providing high visibility and proximity to an eastbound on-ramp, and another via Rockdale Road, presenting residential development potential. The property's location is further enhanced by its adjacency to established commercial businesses on both sides of I-30. The asking price is $795,000. The land is primarily wooded, with trees along the perimeter and scattered throughout the acreage. This prime location presents a multitude of opportunities for commercial ventures, such as building construction or storage facilities, or alternatively, residential development. The property's dual access roads and high-traffic location make it an exceptional investment opportunity. The address is 1300 Shannon Rd W, Hopkins County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Sulphur Springs
    County
    Hopkins
    State
    Texas
    Longitude
    -95.6293
    Latitude
    33.1173
    CBSA code
    44860
    CBSA name
    SULPHUR SPRINGS, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,056
    $147,370
    $0.00
    $147,370
    -
    $147,370
    $0.00
    $147,370

    Comparable in this City

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      108 Hinnant St

      COMMERCIAL (GENERAL) • 0.35 Acres
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      Industrial Dr

      COMMERCIAL (GENERAL) • 0.36 Acres
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      $270,000
      1.31 Acres

      Industrial Dr Inside

      COMMERCIAL (GENERAL) • 1.31 Acres
      Industrial Dr Inside, Sulphur Springs, TX 75482
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    • Value Estimation
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      Industrial Dr

      COMMERCIAL (GENERAL) • 0.98 Acres
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      View Details
    • Value Estimation
      $270,000
      0.36 Acres

      406 Locust N St

      COMMERCIAL (GENERAL) • 0.36 Acres
      406 Locust N St, Sulphur Springs, TX 75482-2564
      View Details

    Similar Nearby for Sale

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      I-30 Frontage Commercial Land

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    • $795,000
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      I-30 Frontage Commercial Land

      5.4 Acres, High Visibility, Dual Access
      1300 Shannon Rd, Sulphur Springs, TX 75482
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    • Contact for pricing
      9.40 Acres

      I-30 Commercial Land - Sulphur Springs, TX

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    Similar Nearby for Lease

    • $1,100 /Mo

      Office Space in Sulphur Springs

      Office space available for rent in Sulphur Springs, TX.
      1325 E Shannon Rd E, Sulphur Springs, TX 75482
      View Details
    • $12 SF/Yr
      90,000 SF

      Spring Village Shopping Center Investment

      Sulphur Springs Retail Space Available
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      View Details
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      Remodeled Storefront in High-Traffic Center

      Versatile 1,474 sq ft commercial space in Sulphur Springs, TX.
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    • $10 SF/Yr
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      Retail Space in Sulphur Springs

      Retail property available for lease in Sulphur Springs, TX.
      1123-1185 S Broadway St, Sulphur Springs, TX 75482
      View Details
    • $2,500 /Mo
      747,925 SF

      Land Available For Lease

      17.17 acres of land for lease outside city limits.
      E Interstate 30, Sulphur Springs, TX 75482
      View Details
    • $1,000 /Mo
      88,557 SF

      Retail Space in Sulphur Springs

      Commercial space in busy plaza off I-130 in Sulphur Springs.
      468 Shannon Rd W, Sulphur Springs, TX 75482
      View Details
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    1300 Shannon Rd
    Sulphur Springs, TX 75482
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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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