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    For Sale (17)

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    Corner Lot in Fort Worth
    $84,000
    0.17 Acres

    Corner Lot in Fort Worth

    Versatile corner lot zoned for multi-family and single-family residences.

    6001 Baylor St, Fort Worth, TX 76119
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    Spacious Land Near Corsicana, TX
    $199,900
    10.14 Acres

    Spacious Land Near Corsicana, TX

    10.14 acres of land ideal for a custom home.

    4520 Fm 1839, Corsicana, TX 75110
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    Fort Worth Versatile Interior Lot
    $80,000
    0.17 Acres

    Fort Worth Versatile Interior Lot

    Versatile lot in evolving area, ideal for investors.

    6005 Baylor St, Fort Worth, TX 76119
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    No-HOA Development Land Parcel
    Contact for pricing
    0.03 Acres

    No-HOA Development Land Parcel

    Small lot sold with an adjacent parcel, offering flexibility for future plans and potential commercial use.

    23 Medford Rd, Grand Prairie, TX 75052
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    Office Building with High Visibility
    $379,000
    0.03 Acres

    Office Building with High Visibility

    Offered for sale as an office-use property with strong visibility in Colleyville, Texas.

    7137 Colleyville Blvd, Colleyville, TX 76034
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    Waterfront Residential Land Lot
    Contact for pricing
    0.07 Acres

    Waterfront Residential Land Lot

    Build your home in a waterfront subdivision with utilities at the road and community amenities including a pool and boat ramps.

    117 Running Deer Rd, Mabank, TX 75156
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    Vacant Residential Land Parcel
    $210,000
    1.23 Acres

    Vacant Residential Land Parcel

    Vacant lot in the Lake Ridge community, offering a private setting to build a custom home with your own builder.

    2384 Mystic Shore Dr, Cedar Hill, TX 75104
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    Prime Corner Lot in DeSoto
    $67,500
    0.22 Acres

    Prime Corner Lot in DeSoto

    0.22-acre corner lot ideal for custom home development.

    1701 Plum Creek Dr, Desoto, TX 75115
    View details
    Expansive Acreage in Lake Ridge
    $399,900
    1.52 Acres

    Expansive Acreage in Lake Ridge

    Over an acre and a half in a stately neighborhood.

    2401 Skyline Ct, Cedar Hill, TX 75104
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    Small Commercial Lot Opportunity
    Contact for pricing
    0.03 Acres

    Small Commercial Lot Opportunity

    Adjacent-lot offering provides flexibility for buyers exploring future commercial potential.

    24 Medford Rd, Grand Prairie, TX 75052
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    Renovation-Ready Church Facility
    $350,000
    0.28 Acres

    Renovation-Ready Church Facility

    Large site with an open floor plan and nearly 6,000 sq ft building, suited for redevelopment into worship or community uses.

    5212 Goodman Ave, Fort Worth, TX 76107
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    Arlington Land in Gated Community
    $250,000
    0.87 Acres

    Arlington Land in Gated Community

    Spacious 0.87-acre lot in a prestigious gated community.

    2001 Windswept Ct, Arlington, TX 76012
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    Arlington Land Parcel in Gated Community
    $195,000
    0.61 Acres

    Arlington Land Parcel in Gated Community

    0.61-acre lot in gated community near Arlington Entertainment District.

    2208 Windswept Pl, Arlington, TX 76012
    View details
    East Texas Land with Barn
    $1,500,000
    145.00 Acres

    East Texas Land with Barn

    145+/- acres of fenced land with barn near Tyler.

    11817 County Road 339, Tyler, TX 75706
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    Oversized Corner Lot Development Opportunity
    Contact for pricing

    Oversized Corner Lot Development Opportunity

    Prime location near downtown Fort Worth, ideal for development.

    3005 Merrick St, Fort Worth, TX 76107
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    Midlothian Duplex Investment Opportunity
    $539,900
    2,590 SF

    Midlothian Duplex Investment Opportunity

    Duplex in Midlothian with high-end finishes and income potential.

    1005-1007 Sierra Vista Ct, Midlothian, TX 76065
    View details
    Spacious Acreage Near Corsicana
    Contact for pricing

    Spacious Acreage Near Corsicana

    10.14 acres ideal for a country home or retreat.

    4520 Fm 1839, Corsicana, TX 75110
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Request Owner's contact information
    Tanika Donnell Realty
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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
    Tanika Donnell Realty
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