Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    16556 Fm 244 Iola, TX 77861-3658

    • Commercial real estate
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US82-7549691
    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

    • John Wayne's RV Park / Rv Park

    Property Details for 16556 Fm 244

    Lot size
    10.00 lot acres
    Property type
    Commercial real estate
    APN
    R24475
    APU
    R24475

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iola
    County
    Grimes
    State
    Texas
    Longitude
    -96.0956
    Latitude
    30.6806

    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
    $14
    $208,150
    $71,820
    $279,970
    -
    $208,150
    $71,820
    $279,970

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      7153 Commerce St

      COMMERCIAL (GENERAL) • 1,440 SF
      7153 Commerce St, Iola, TX 77861
      View Details
    • Value Estimation by Request
      6,500 SF

      Main St

      COMMERCIAL (GENERAL) • 6,500 SF
      Main St, Iola, TX 77861
      View Details
    • Value Estimation by Request
      1,724 SF

      Main St

      COMMERCIAL (GENERAL) • 1,724 SF
      Main St, Iola, TX 77861
      View Details
    • Value Estimation by Request
      3,000 SF

      Iola, TX 77861

      COMMERCIAL (GENERAL) • 3,000 SF
      Iola, TX 77861
      View Details
    • Value Estimation by Request
      4,100 SF

      23037 Colorado Ave

      COMMERCIAL (GENERAL) • 4,100 SF
      23037 Colorado Ave, Iola, TX 77861
      View Details
    • Value Estimation by Request
      2,660 SF

      7259 Main St

      COMMERCIAL (GENERAL) • 2,660 SF
      7259 Main St, Iola, TX 77861
      View Details

    Similar Nearby for Sale

    • $128,500
      1.05 Acres

      Residential Lot in King Oaks

      1.05-acre residential lot with mature trees and community amenities.
      9635 Belgrave Sq, Iola, TX 77861
      View Details
    • $79,500
      1.00 Acre

      Iola Acres Building Lots

      Residential lots available in Iola Acres subdivision, Grimes County, Texas.
      Tbd Crk 128, Iola, TX 77861
      View Details
    • $125,000
      2.00 Acres

      Two-Acre Homesite in King Oaks

      Two-acre homesite in King Oaks, Iola, TX with mature hardwoods.
      Tbd Crown Pt, Iola, TX 77861
      View Details
    • $139,000
      1.78 Acres

      Residential Land in Iola, TX

      Land for sale in Iola, TX. Build your dream home.
      10237 Panther Crk Dr, Iola, TX 77861
      View Details
    • $124,000
      1.11 Acres

      Residential Land in Iola, TX

      Land for sale in Iola, TX, with modern amenities.
      10196 Panther Crk Dr, Iola, TX 77861
      View Details
    • $149,000
      1.88 Acres

      Residential Land in Iola, Texas

      Residential land for sale in a new Texas development.
      10273 Panther Crk Dr, Iola, TX 77861
      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.
    16556 Fm 244
    Iola, TX 77861-3658
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    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.