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

    JUSTIN NEWLAND, Denton, TX

    License ID: 0558239
    Years of Experience
    17
    Association
    Greater Denton Wise County Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (940) 565-8326
    Office Address:
    3311 N. I-35E Suite, 150, Denton, TX

    Property Types

    • Commercial Sale
    • Land

    Performance

    Listings
    20
    Total transactions
    147
    Total transactions amount
    $72M
    Price range
    $127k - 285k
    Average price
    $490k

    Listings

    For Sale (17)

    View map
    • $275,000
      2.50 Acres

      Land Near Lake Ray Roberts

      Acreage development near Lake Ray Roberts with multiple homesites available.
      4 Lk Superior Dr, Sanger, TX 76266
      View Details
    • $349,900
      1,800 SF

      Turnkey RV and Equestrian Investment

      Income-generating RV park with horse stable in rural setting.
      13257 W Fm 455, Decatur, TX 76234
      View Details
    • $375,000
      25.00 Acres

      Whitesboro, TX Land for Sale

      25 acres of land with RV storage near Red River.
      Tbd County Rd 108, Whitesboro, TX 76273
      View Details
    • $465,000
      31.00 Acres

      31 Acres Near Red River

      31 acre land parcel with water well and RV storage.
      Tbd County Rd 127, Whitesboro, TX 76273
      View Details
    • $1,200,000
      10.20 Acres

      Decatur, TX Undeveloped Commercial Land

      10.2 acres of prime commercial land in Decatur, TX.
      1300 S Trenchard St S, Decatur, TX 76234
      View Details
    • $3,626,700
      231.00 Acres

      Honey Grove Unimproved Land Opportunity

      231 acres near Bois D'Arc Lake, suitable for development.
      231 Acres Tbd Fm 100, Honey Grove, TX 75446
      View Details
    • $1,350,000
      90.00 Acres

      90 Acres Hunting Land in Texas

      Prime Hunting & Recreational Land, $1.35M
      200 County Road 108, Whitesboro, TX 76273
      View Details
    • $375,000
      25.00 Acres

      25 Acres Commercial Land, Whitesboro, TX

      Prime 25-acre commercial tract near Red River.
      0 County Road 127, Whitesboro, TX 76273
      View Details
    • $1,400,000
      58.74 Acres

      Texas Ranch: 58 Acres Near Lake Texoma

      Prime Hunting & Recreational Land, $1.4M
      305 Stuckey Rd, Gordonville, TX 76245
      View Details
    • $2,939,080
      16.87 Acres

      Hwy 380 Ponder TX Commercial Land

      Prime 16.868-acre commercial lot. Excellent Hwy 380 location.
      0 Us Highway 380, Ponder, TX 76259
      View Details
    • $165,000

      Commercial Land Near Major Roads

      1.056 acre commercial lot, convenient access to major roads.
      4098 Seaborn Cir, Ponder, TX 76259
      View Details
    • $1,250,000

      Gordonville Acreage Near Lake Texoma

      58.739 acres with ponds, trees, and lake proximity.
      305 Stuckey Rd, Gordonville, TX 76245
      View Details
    • $549,000

      New Construction Four-Bedroom Home

      New construction four-bedroom home on a 1-acre lot.
      7236 Davidson Rd, Sanger, TX 76266
      View Details
    • $445,000

      Nocona Commercial Building with Open Space

      7400 SF commercial building with 7 overhead doors.
      210 W Walnut St, Nocona, TX 76255
      View Details
    • $499,000

      Waterfront Lots with Dock

      Spacious waterfront lots with dock on Lake Nocona.
      213 Cortez Dr, Nocona, TX 76255
      View Details
    • $2,939,080

      Commercial Land on Highway 380

      16.868 acres of commercial land at Highway 380 and Smith Rd.
      1539 Smith Rd, Ponder, TX 76259
      View Details
    • $290,000

      Gordonville Treed Acreage Near Lake

      11.66 +/- acre treed land near Lake Texoma.
      227 Stuckey Rd, Gordonville, TX 76245
      View Details

    For Lease (3)

    View map
    • $2,500 /Mo
      13,068 SF

      New Warehouse with Yard in Ponder

      New 2000 sq ft warehouse with yard for lease.
      2036 Seaborn Rd, Ponder, TX 76259
      View Details
    • $15 SF/Yr
      2,000 SF

      Ponder Office Space For Rent

      Office space available for lease in Ponder, Texas.
      2036 Seaborn Rd, Ponder, TX 76259
      View Details
    • $14 SF/Yr

      Land For Rent in Ponder

      Land available for rent in Ponder, Texas.
      861 Seaborn Rd, Ponder, TX 76259
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    JUSTIN NEWLAND, Denton, 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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    JUSTIN NEWLAND, Denton, TX
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