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    For Sale (35)

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    Blue Ridge Land Opportunity
    $189,900
    2.02 Acres

    Blue Ridge Land Opportunity

    Unimproved 2.023-acre land in Blue Ridge, Texas.

    2 County Road 632, Blue Ridge, TX 75424
    View details
    Bonham Auto Repair Shop
    $700,000
    0.84 Acres

    Bonham Auto Repair Shop

    Operating auto repair shop on a corner lot for sale.

    513 W Sam Rayburn Dr, Bonham, TX 75418
    View details
    Ready-to-Build Lots in Collin County
    $2,096,000
    14.54 Acres

    Ready-to-Build Lots in Collin County

    10 lots ready for homes in Hidden Hills Development.

    Tbd Hidden Hl, Whitewright, TX 75491
    View details
    Residential Land in Leonard, Texas
    $65,000
    0.30 Acres

    Residential Land in Leonard, Texas

    Residential land in established neighborhood, ideal for homesite or subdivision.

    102 E Cottonwood St, Leonard, TX 75452
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    2-Acre Homesite in Valley Creek
    $195,000
    2.00 Acres

    2-Acre Homesite in Valley Creek

    Rare 2-acre lot in Leonard, TX to build your dream home.

    2 Acres Fm-896, Leonard, TX 75452
    View details
    Anna, TX 1 Acre Lot
    $169,900
    1.00 Acres

    Anna, TX 1 Acre Lot

    One acre lot ready for your dream home.

    3 Hidden Dr, Anna, TX 75409
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    Unimproved Land in Leonard, TX
    $3,541,923
    169.47 Acres

    Unimproved Land in Leonard, TX

    169.47 acres of well-maintained cropland with development potential.

    Tbd County Rd 1145, Leonard, TX 75452
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    Unimproved Land in Leonard, Texas
    $157,320
    3.93 Acres

    Unimproved Land in Leonard, Texas

    3.933 acres of land with utilities available in Leonard, TX.

    Tbd Hwy 78 Hwy, Leonard, TX 75452
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    Historic Retail Building in Leonard
    $190,000
    0.08 Acres

    Historic Retail Building in Leonard

    Antique building on historic square, ideal for retail.

    114 W Collin St, Leonard, TX 75452
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    Unrestricted Land with Pond
    $922,520
    23.06 Acres

    Unrestricted Land with Pond

    23+/- acres of unrestricted, fenced land featuring a serene pond.

    23 +/- Acres County Rd 4815, Leonard, TX 75452
    View details
    Bonham, TX Ranch Property
    $2,200,000
    22.00 Acres

    Bonham, TX Ranch Property

    22-acre ranch suitable for commercial or residential use.

    S State Highway 121, Bonham, TX 75418
    View details
    Unimproved Land in Anna, Texas
    $1,010,000
    10.00 Acres

    Unimproved Land in Anna, Texas

    10 acres of wooded land near Hwy 121 and Hwy 75.

    000 Cr-424, Anna, TX 75409
    View details
    Improved Land in Collin County
    $239,900
    1.48 Acres

    Improved Land in Collin County

    Residential land in new subdivision, utilities in place, ready to build.

    Tbd Hidden Hl Dr, Anna, TX 75409
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    50+ Acres in Celeste, TX
    $1,275,000
    50.97 Acres

    50+ Acres in Celeste, TX

    50+ acres in Celeste, TX, perfect for commercial use.

    53 Us Highway 69, Celeste, TX 75423
    View details
    Fannin County Farm with Workshop
    $749,000
    1,190 SF

    Fannin County Farm with Workshop

    17.196-acre farm with workshop near Highway 121.

    956 County Road 4231, Bonham, TX 75418
    View details
    Residential Lots in Anna, Texas
    $239,900
    1.17 Acres

    Residential Lots in Anna, Texas

    Ten residential lots with utilities ready for new homes.

    Tbd Hidden Hl, Anna, TX 75409
    View details
    Trenton, TX Land For Sale
    $199,999
    3.41 Acres

    Trenton, TX Land For Sale

    3.4-acre estate site near Hwy 121, utilities available.

    730 Cheyenne Trl, Trenton, TX 75490
    View details
    Improved Land Near Lake Bois
    $410,000
    6.74 Acres

    Improved Land Near Lake Bois

    6.743 acres of improved land ready to build on.

    2624 County Rd 2975, Windom, TX 75492
    View details
    Lakefront Land with Dock Approval
    $525,000
    1.56 Acres

    Lakefront Land with Dock Approval

    Undeveloped 1.555-acre lakefront property in Dodd City, Texas.

    27 Crystal Cv, Dodd City, TX 75438
    View details
    Generously Sized Lots in Leonard, TX
    $114,900
    0.42 Acres

    Generously Sized Lots in Leonard, TX

    Dream home lots in established neighborhood, convenient and peaceful location.

    400/402 W Hunt St, Leonard, TX 75452
    View details
    Anna, TX Land Opportunity
    $290,000
    2.80 Acres

    Anna, TX Land Opportunity

    2.804 acres of land ready for your dream home.

    0000 County Road 530, Anna, TX 75409
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    Anna, TX Land Opportunity
    $9,000,000
    19.35 Acres

    Anna, TX Land Opportunity

    19.34 acres in rapidly growing Anna, Texas.

    301 E Finley Blvd, Anna, TX 75409
    View details
    32 Acres Pastureland Ready to Use
    $883,850
    32.14 Acres

    32 Acres Pastureland Ready to Use

    32.14 acres of pastureland with barns and water meter.

    6323 Fm 896 Hwy, Bonham, TX 75418
    View details
    1-Acre Homesite in Valley Creek
    $109,000
    1.00 Acre

    1-Acre Homesite in Valley Creek

    1-acre residential lot in Leonard, TX, ready for your dream home.

    1 Ac Fm-896, Leonard, TX 75452
    View details
    Land in Growing Van Alstyne
    $75,000
    0.14 Acres

    Land in Growing Van Alstyne

    Unimproved land suitable for multi-family or single-family residence.

    400 Nunnalee Ave, Van Alstyne, TX 75495
    View details
    Bonham, TX 20-Acre Land Parcel
    $1,250,000
    20.00 Acres

    Bonham, TX 20-Acre Land Parcel

    20 acres in Bonham, TX with dual road frontage.

    Tbd Tx-121-Br, Bonham, TX 75418
    View details
    Bailey, TX Unimproved Land
    $311,663
    11.00 Acres

    Bailey, TX Unimproved Land

    11 acres of land perfect for agricultural or residential use.

    11ac Cr 4805, Bailey, TX 75413
    View details
    Highway Frontage Land in Bailey, TX
    $548,157
    19.93 Acres

    Highway Frontage Land in Bailey, TX

    19.933 acres with highway and county road access.

    Tbd 19.933Ac Tx-11, Bailey, TX 75413
    View details
    Josephine, TX Commercial Investment Property
    $1,300,000
    5.00 Acres

    Josephine, TX Commercial Investment Property

    Corner lot with road frontage ideal for mixed-use development.

    609 E Cook St, Royse City, TX 75189
    View details
    Improved Land with Two-Story Shop
    $725,000
    5.72 Acres

    Improved Land with Two-Story Shop

    5+ acre build site with pond and two-story shop.

    250 Willow Ln, Van Alstyne, TX 75495
    View details
    Weston Ranch with Rolling Hills
    $12,500,000
    100.00 Acres

    Weston Ranch with Rolling Hills

    100-acre ranch featuring rolling hills and extensive road frontage.

    Tbd Fm 455, Weston, TX 75097
    View details
    Commercial Land in Growing Area
    Contact for pricing

    Commercial Land in Growing Area

    Ideal location for office or retail space in Melissa, TX.

    5974 N Mcdonald St, Melissa, TX 75454
    View details
    Corner Lot in Growing Josephine
    $1,300,000
    1,999 SF

    Corner Lot in Growing Josephine

    Prime commercial investment opportunity in rapidly growing Josephine, Texas.

    609 E Cook St, Josephine, TX 75189
    View details
    Historic Building on Red Brick Square
    $190,000
    3,358 SF

    Historic Building on Red Brick Square

    Antique building in historic Leonard, Texas, suitable for retail.

    114 W Collin St, Leonard, TX 75452
    View details
    Commercial Lot in High-Traffic Area
    $30,000
    320 SF

    Commercial Lot in High-Traffic Area

    Commercial lot for sale on high traffic street in Leonard.

    501-1/2 E Mulberry St, Leonard, TX 75452
    View details

    For Lease (1)

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    Versatile Office Space Available
    $4,000 / Mo
    22,608 SF

    Versatile Office Space Available

    Approximately 1500 sq. ft. office space for sublease.

    13980 Fm 121, Van Alstyne, TX 75495
    View details

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    Sudderth Real Estate, Inc.
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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
    Sudderth Real Estate, Inc.
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