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    12505 Fm 476 Somerset, TX 78069
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    Property profile & analytics

    12505 Fm 476 Somerset, TX 78069

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    • Commercial real estate
    • 128.00 lot acres
    Off-Market
    Property ID
    US82-2302649
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 12505 Fm 476

    Lot size
    128.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 128-acre commercial land parcel in Somerset, Atascosa County, Texas, presents a remarkable investment opportunity. Located at 12505 FM 476, zip code 78069, the property is zoned OCL and offers significant potential for residential development. The main 120-acre tract is ideally suited for single-family homes, while an additional 8-acre portion includes an existing house, currently used for storage. The sale includes a diverse range of livestock: six Braford cows, three Gelbvieh cows, five Brahman cows, three Brahman heifers, and two Brahman bulls, all currently calving or expected to calve through 2024. Also included are two Duroc sows and a Duroc boar, along with chickens and their housing. A substantial amount of farm equipment is part of the sale, including a 2018 Case 75C tractor with loader attachment, various implements (tiller, disc, brush hog, sprayer, grapple, harrow, box blade), and three trailers (a 14' flatbed, an 18' flatbed, and a custom-built horse trailer). A 20' shipping container is also included for feed storage. Two active Benton City Water Supply Co. meters serve the property. The asking price for this turnkey investment is $2,490,000. This property offers immediate income potential from livestock and equipment, alongside substantial long-term growth prospects due to its prime location and favorable demographics. The existing water well and the Ag Exemption add further value.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Atascosa
    State
    Texas
    Longitude
    -98.6836564
    Latitude
    29.1794135

    Comparable in this City

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    • $450,000
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      Somerset, TX Land with Trees

      14.17 acres of land with installed water and secure fencing.
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    • $289,999
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      Somerset, TX Land Opportunity

      10.258 acres in Somerset, TX with utilities in place.
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      Unrestricted Land with Development Potential

      26 acres near San Antonio with existing structures and development potential.
      19366 Benton City Rd, Somerset, TX 78069
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    • $575,000

      Commercial Land in High Traffic

      Land with water and sewer in high traffic area.
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    • $65,000
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      Somerset, TX Land Opportunity

      1.12-acre lot in Somerset, TX, near San Antonio.
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    Similar Nearby for Sale

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      Somerset Land Investment Opportunity

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      2.25 acres of unrestricted land near Hwy 1604.
      122 Woodcrest Rd, Somerset, TX 78069
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    • $450,000
      14.17 Acres

      Somerset, TX Land with Trees

      14.17 acres of land with installed water and secure fencing.
      970 Stevens Rd, Somerset, TX 78069
      View Details
    • $140,000
      3.00 Acres

      Land in Somerset, Texas

      3-acre lot near Somerset, TX, ideal for building a home.
      181 Marbach Rd, Somerset, TX 78069
      View Details
    • $289,999
      10.26 Acres

      Somerset, TX Land Opportunity

      10.258 acres in Somerset, TX with utilities in place.
      650 Patton Rd, Somerset, TX 78069
      View Details
    • Contact for pricing

      Unrestricted Land with Development Potential

      26 acres near San Antonio with existing structures and development potential.
      19366 Benton City Rd, Somerset, TX 78069
      View Details
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    Somerset, TX 78069
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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.

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