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    Kevin Weable, Ccim, Arlington, TX

    License ID: 689810
    Keller Williams Rockwall
    Association
    Metrotex Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (214) 801-7787
    Office Address:
    2701 Sunset Ridge Ste 109, Rockwall, TX, 75032

    Performance

    Listings
    48

    Listings

    For Sale (31)

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    • Contact for pricing

      Highway Frontage Pad Site

      3.28 acre pad site on high traffic highway.
      6407 Tx-66, Royse City, TX 75189
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    • Contact for pricing
      3,654 SF

      Two-Story Commercial Property in Kaufman

      Two-story, 3,654 SF property in Kaufman's Downtown District.
      505 S Washington St, Kaufman, TX 75142
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    • Contact for pricing

      Hardware Storefront with Expansion Potential

      Established hardware store with real estate and expansion opportunities.
      723 S Seven Points Dr, Tool, TX 75143
      View Details
    • Contact for pricing

      5.50 Acre MU-1 Parcel

      5.50-acre parcel zoned MU-1 with highway frontage.
      2010 S Main St, Lindale, TX 75771
      View Details
    • Contact for pricing
      6,250 SF

      Established Archery Business For Sale

      Well-established archery business with retail facility and shooting ranges.
      29993 State Highway 64, Canton, TX 75103
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    • Contact for pricing
      0.58 Acres

      Kaufman, TX Commercial Land Sites

      Prime Pad Sites, Seller Financing Available
      0 Houston St, Kaufman, TX 75142
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    • Contact for pricing
      15,500 SF

      Lavon Warehouse with Showroom Space

      Two warehouses with showroom, income potential, and high visibility.
      12448 State Highway 205, Lavon, TX 75166
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    • Contact for pricing
      4,712 SF

      Medical Office Near Downtown Greenville

      4,712 SF medical office with 18 rooms.
      3600 Caddo St, Greenville, TX 75401
      View Details
    • Contact for pricing

      Highway 80 Pad Site

      0.218 acre pad site on Highway 80 in Terrell, Texas.
      5012 Us Highway 80, Terrell, TX 75160
      View Details
    • Contact for pricing
      6,250 SF

      Canton Warehouse Space Available

      6,250 SF warehouse in Canton, Texas for sale.
      29993 W Dallas St, Canton, TX 75103
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    • Contact for pricing
      4,800 SF

      Retail Property in Balch Springs

      Retail property available for sale in Balch Springs, Texas.
      2327 Crystal Dr, Balch Springs, TX 75180
      View Details
    • Contact for pricing
      5,850 SF

      Wills Point Flex/Industrial Space

      5,850 SF flex/industrial property in Wills Point, TX.
      3228 Goodnight Blvd, Wills Point, TX 75169
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    • Contact for pricing
      3,500 SF

      Retail Property in Rowlett, Texas

      Retail property offering 3,500 square feet in Rowlett, Texas.
      4005 Coyle St, Rowlett, TX 75088
      View Details
    • Contact for pricing

      Kaufman, Texas Industrial Land

      13-acre tract zoned for light industrial use.
      Us Hwy 175, Kaufman, TX 75142
      View Details
    • Contact for pricing

      Prime Land in Forney, TX

      3.18-acre land parcel in high-traffic Forney, TX.
      11285 Fm 2932, Forney, TX 75126
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    • Contact for pricing

      26.50 Acres Near Interstate 30

      26.50-acre tract near Interstate 30 in Caddo Mills, TX.
      1909 Fm 1903, Caddo Mills, TX 75135
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    • Contact for pricing

      Commercial Land Near Forest Lane

      0.69-acre commercial land with utilities and high traffic.
      508 Marion Dr, Garland, TX 75042
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    • Contact for pricing

      Commercial Land Ready For Development

      1.645-acre commercial tract near Rockwall and Heath, Texas.
      35 Noble Ct, Heath, TX 75032
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    • Contact for pricing

      3.28 Acre Pad Site

      Prime land with high traffic frontage on Highway 66.
      6407 State Highway 66, Royse City, TX 75189
      View Details
    • Contact for pricing

      Prime Downtown Rockwall Commercial Land

      0.344-acre tract in high-traffic downtown Rockwall, Texas.
      202 E Interurban St, Rockwall, TX 75087
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    • Contact for pricing

      Land Near Interstate 30

      0.518 acres of commercial land in a growing area.
      260 E Interstate 30, Garland, TX 75043
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    • Contact for pricing

      Land Ready For Development

      Commercial land available in Marshall, TX, ready for development.
      425 Fm 3251, Marshall, TX 75670
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    • Contact for pricing

      Bonham, TX Land For Sale

      0.207-acre parcel in Downtown Bonham, TX, for commercial development.
      201 N Main St, Bonham, TX 75418
      View Details
    • $1,625,000
      108,464 SF

      2.487 Acres For Sale

      2.487-acre parcel for sale or ground lease in Lindale, TX.
      2010 South Main St, Lindale, TX 75771
      View Details
    • Contact for pricing
      2,635 SF

      Turn-Key Restaurant Facility Available

      Stand-alone restaurant with fully built-out kitchen and front-of-house.
      565 W Bedford Euless Rd, Hurst, TX 76053
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    • Contact for pricing

      Land Near Rowlett Dart Station

      0.92 acre commercial land for sale near public transit.
      4201 Industrial St, Rowlett, TX 75088
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    • Contact for pricing
      38,285 SF

      Royse City Industrial Property

      Multi-building industrial property on 1.84 acres in Royse City.
      1121 Industrial Dr, Royse City, TX 75189
      View Details
    • Contact for pricing
      12,814 SF

      Premier Sunnyvale Events Facility

      12,814 SF venue on 3.092 acres near Highway 80.
      410 S Paschall Rd, Sunnyvale, TX 75182
      View Details
    • Contact for pricing
      19,930 SF

      Hewitt Texas Duplex Portfolio

      18-unit duplex portfolio in Hewitt, Texas, Waco MSA.
      100-102 E Gruver Cir, Hewitt, TX 76643
      View Details
    • Contact for pricing

      Functional Warehouse on Highway 155

      9,457 SF warehouse with frontage on Highway 155.
      20741 State Highway 155 S, Flint, TX 75762
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    • Contact for pricing

      52-Unit Multifamily Portfolio in Waco

      Diversified multifamily investment opportunity across three residential portfolios in Waco.
      100-219 W Gruver Cir, Hewitt, TX 76643
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    For Lease (17)

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    • Contact for pricing

      Light Industrial Space For Lease

      Functional light industrial space with highway access in Terrell, TX.
      14860 State Highway 205, Terrell, TX 75160
      View Details
    • Contact for pricing

      Land Parcel For Lease

      2.487-acre parcel for lease, MU-1 zoning, utilities available.
      2010 S Main St, Lindale, TX 75771
      View Details
    • Contact for pricing
      1,100 SF

      Retail Suite in City Plaza

      1,410 SF retail suite in high-traffic area.
      100-105 N Farm To Market 548, Forney, TX 75126
      View Details
    • Contact for pricing
      20,000 SF

      Wylie Office Space Available

      20000 square feet of office space for rent.
      601 Sanden Blvd, Wylie, TX 75098
      View Details
    • Contact for pricing
      3,800 SF

      Rockwall Office Space Available

      3,800 SF office space for lease in Rockwall, TX.
      2890 S Goliad St, Rockwall, TX 75032
      View Details
    • Contact for pricing
      4,079 SF

      Wylie Flex/Industrial Space Available

      Flex/Industrial space available for lease in Wylie, Texas.
      300 Paul Wilson Rd, Wylie, TX 75098
      View Details
    • Contact for pricing
      6,439 SF

      Mesquite Office Space Available

      Office space available for rent in Mesquite, Texas.
      3349 Frontage Rd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      6,000 SF

      New Construction Warehouses For Lease

      New construction warehouses for lease with versatile opportunities.
      6562 Michael Talty Ave, Terrell, TX 75160
      View Details
    • Contact for pricing

      Land For Lease I-20 Frontage

      18.35-acre tract available for ground lease with I-20 frontage.
      15979 County Road 426, Lindale, TX 75771
      View Details
    • Contact for pricing

      Seagoville Acreage for Lease

      103.54-acre tract near US Highway 175 available for lease.
      2101 Bowers Rd, Seagoville, TX 75159
      View Details
    • Contact for pricing

      2.01 Acre Land in Sachse

      Undeveloped 2.01-acre tract of land for lease in Sachse, Texas.
      4400 Ranch Rd, Sachse, TX 75048
      View Details
    • Contact for pricing
      3,900 SF

      Warehouse with Outdoor Storage

      3,900 SF warehouse with 8,000 SF outdoor storage.
      10350 Scyene Rd, Dallas, TX 75227
      View Details
    • Contact for pricing

      Commercial Retail Land For Lease

      2.695-acre commercial land with utilities and high traffic frontage.
      13558 C F Hawn Fwy, Dallas, TX 75253
      View Details
    • Contact for pricing
      2,043 SF

      Warehouse Near Highway 175

      2,043 SF warehouse with visibility from Highway 175.
      2014 Front St, Kaufman, TX 75142
      View Details
    • Contact for pricing
      2,100 SF

      Downtown Greenville Retail/Office Space

      Renovated retail/office space in downtown Greenville, TX for lease.
      2815 Wesley St, Greenville, TX 75401
      View Details
    • Contact for pricing

      New Warehouse Development in Forney

      New warehouse spaces for lease in growing Kaufman County.
      16417 Fm 548, Forney, TX 75126
      View Details
    • Contact for pricing

      Lindale Office Space For Lease

      Professional office space in Lindale's established S Main Street corridor.
      209 South Main St, Lindale, TX 75771
      View Details

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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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