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    The Largest CRE Database in the US with Over 1 Million Listings

    Dillon Cook, Royse City, TX

    License ID: TX 9008180
    Range Realty Advisors Llc
    Association
    North Texas Commercial Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (214) 738-3857
    Office Address:
    3625 N Hall St Ste 630, Dallas, TX, 75219

    Performance

    Listings
    14

    Listings

    For Sale (14)

    View map
    • Contact for pricing
      42.13 Acres

      Sheppard AFB Area Commercial Land

      Prime 42-acre commercial tract in Wichita Falls.
      3901 Central Fwy, Wichita Falls, TX 76306
      View Details
    • Contact for pricing
      296.04 Acres

      Caddo Mills Ranch - 296 Acres

      Prime Hunt County residential land. Excellent development potential.
      0 Fm 36, Caddo Mills, TX 75135
      View Details
    • Contact for pricing
      100.00 Acres

      Waxahachie Industrial Land - 100 Acres

      Prime 100-acre industrial site in Waxahachie, TX
      3396 Parks School House Rd, Waxahachie, TX 75165
      View Details
    • Contact for pricing
      2.62 Acres

      Fort Worth Industrial Land Tract

      2.62 Acres, Prime Location, ETJ Zoning
      2701 Blue Mound Rd, Fort Worth, TX 76179
      View Details
    • Contact for pricing
      42.79 Acres

      Quail Ridge: Burkburnett Residential Land

      42.79 Acres, Prime Residential Zoning
      369 Burkburnett Tx 76354, Burkburnett, TX 76354
      View Details
    • Contact for pricing
      121.53 Acres

      Linden Tree Hills: Prime TX Land

      121 Acres, Holliday, TX - Investment Opportunity
      0 Fm 368, Iowa Park, TX 76367
      View Details
    • Contact for pricing
      1.14 Acres

      Prime Princeton Commercial Land

      1.14 Acres, Excellent Location
      1523 Longneck Rd, Princeton, TX 75407
      View Details
    • Contact for pricing
      0.46 Acres

      Garland Land: Prime Development Site

      .46-acre residential lot, ideal for multifamily.
      1202 Ih & Peninsula Way, Garland, TX 75043
      View Details
    • Contact for pricing
      90.70 Acres

      Royse City Residential Land Tract

      90.7 Acres, Prime Residential Location
      0 Farm To Market 548, Royse City, TX 75189
      View Details
    • Contact for pricing
      6.00 Acres

      Justin, TX Industrial Land Opportunity

      6-Acre Industrial Lot in Growing Fort Worth
      0 Tx-114, Justin, TX 76177
      View Details
    • Contact for pricing
      19.89 Acres

      Prime Grand Prairie Land - 19.89 Acres

      Residential Land, Townhome Zoning Approved
      0 State Hwy 360, Arlington, TX 75052
      View Details
    • Contact for pricing
      4.96 Acres

      Prime Fort Worth Commercial Land

      ±4.957 Acres, Excellent Development Potential
      7401 Riverside Dr, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      130.70 Acres

      Royse City Development Land

      130 Acres, Prime Residential Location
      0 Elm Grv St & Parker Rd, Royse City, TX 75189
      View Details
    • Contact for pricing

      Land For Sale Mansfield

      Land available for sale in Mansfield, Texas.
      Matlock Rd, Mansfield, TX 76063
      View Details

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    Dillon Cook, Royse City, TX
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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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