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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4501 Hwy 377th S Brownwood, TX 76801-5907

    • Industrial properties
    • 706,043 SF
    • 150.99 lot acres
    OFF-MARKET
    Value Estimations
    $8,325,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9536306
    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

    • Industrial properties

    Property Details for 4501 Hwy 377th S

    Lot size
    150.99 lot acres
    Property size
    706,043 SF
    Property type
    Industrial properties
    APN
    29454
    APU
    29454

    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
    Brownwood
    County
    Brown
    State
    Texas
    Longitude
    -98.9964
    Latitude
    31.6712
    CBSA code
    15220
    CBSA name
    BROWNWOOD, 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
    $233,362
    $452,970
    $15,040,000
    $15,492,970
    -
    $452,970
    $15,040,000
    $15,492,970

    Comparable in this City

    • Value Estimation by Request

      1505 Custer Rd

      INDUSTRIAL (GENERAL)
      1505 Custer Rd, Brownwood, TX 76801-6436
      View Details
    • Value Estimation
      $3,925,000
      193,140 SF

      3101 Stephen F Austin Dr

      INDUSTRIAL (GENERAL) • 193,140 SF
      3101 Stephen F Austin Dr, Brownwood, TX 76801-6479
      View Details
    • Value Estimation
      $1,750,000
      72,000 SF

      1600 Custer Rd

      INDUSTRIAL (GENERAL) • 72,000 SF
      1600 Custer Rd, Brownwood, TX 76801-6437
      View Details
    • Value Estimation by Request
      2,288 SF

      234 Cr

      INDUSTRIAL (GENERAL) • 2,288 SF
      234 Cr, Brownwood, TX 76801
      View Details
    • Value Estimation by Request
      7,200 SF

      3104 Morris Sheppard Dr

      INDUSTRIAL (GENERAL) • 7,200 SF
      3104 Morris Sheppard Dr, Brownwood, TX 76801-6461
      View Details
    • Value Estimation
      $745,000
      34,290 SF

      2909 Stephen F Austin Dr

      INDUSTRIAL (GENERAL) • 34,290 SF
      2909 Stephen F Austin Dr, Brownwood, TX 76801-6475
      View Details

    Similar Nearby for Sale

    • $800,000
      23,515 SF

      Brownwood Industrial Space For Sale

      Spacious Warehouse, Prime Location
      3300 Milam Dr, Brownwood, TX 76801
      View Details
    • $850,000
      2,110 SF

      Prime Brownwood Manufacturing Facility

      2,110 SF Manufacturing Building, $850K
      420 Main St, Brownwood, TX 76801
      View Details
    • $134,900
      2.57 Acres

      Brownwood Warehouse on 2.5 Acres

      Warehouse on 2.5 acres with high traffic visibility.
      900 Coleman St, Brownwood, TX 76801
      View Details
    • New
      $195,000
      10,000 SF

      Versatile Building in Brownwood, Texas

      Adaptable 10,000+ sq ft building with redevelopment potential.
      2719 Austin Ave, Brownwood, TX 76801
      View Details
    • $300,000
      3.12 Acres

      Versatile Commercial Property with Income

      3+ acre commercial property with shop, residence, and business opportunity.
      2300 W Main Ave, Brownwood, TX 76801
      View Details
    • $450,000

      Brownwood Industrial Warehouses on Blake

      Two warehouses totaling 27,000 SF on 7.75 acres.
      1403 Blake Dr, Brownwood, TX 76801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      153,959 SF

      Commerce Square Retail Space in Brownwood, TX

      Brownwood retail space: 4,100 sq ft available.
      509 Commerce St, Brownwood, TX 76801
      View Details
    • $2,500 /Mo
      11,761 SF

      Medical Office Near Hendrick Medical

      Fully equipped medical office near Hendrick Medical Center for lease.
      106 S Park Dr, Brownwood, TX 76801
      View Details
    • $975 /Mo
      18,252 SF

      Renovated Commercial Space in Brownwood

      Newly renovated commercial space perfect for small businesses, move-in ready.
      1205 Coggin Ave, Brownwood, TX 76801
      View Details
    • $1,650 /Mo
      1,742 SF

      Restored Retail Space in Brownwood

      Meticulously restored retail building in the heart of Brownwood, Texas.
      301 Brown St, Brownwood, TX 76801
      View Details
    • $1,650 /Mo

      Restored Retail Space in Brownwood

      Meticulously restored retail space with original features and modern upgrades.
      301 Brown St, Brownwood, TX 76801
      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.
    4501 Hwy 377th S
    Brownwood, TX 76801-5907
    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.