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

    Mark O. Pierce, Dallas, TX

    License ID: 0523915
    Expansion Realty Partners Llc
    Years of Experience
    8
    Association
    North Texas Commercial Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (214) 923-3204
    Office Address:
    7432 Tophill Ln, Dallas, TX, 75248

    Performance

    Listings
    23
    Total transactions
    9
    Total transactions amount
    $11M
    Price range
    $815k - 1.8M
    Average price
    $1.2M

    Listings

    For Sale (21)

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    • Contact for pricing
      23,120 SF

      Industrial Property in Carthage, Texas

      Industrial property available for lease in Carthage, Texas.
      Carthage, TX
      View Details
    • Contact for pricing
      77,548 SF

      Industrial Warehouse Space in Jacksonville

      77,548 SF warehouse space available for lease.
      301 S Bolton St, Jacksonville, TX 75766
      View Details
    • Contact for pricing

      Hallsville Land For Sale

      Land available for purchase in Hallsville, Texas.
      123 Decoy Ln, Hallsville, TX
      View Details
    • Contact for pricing

      Land For Sale Kilgore, TX

      Land available for sale in Kilgore, Texas.
      6 Cox Dr, Kilgore, TX 75662
      View Details
    • Contact for pricing
      1,800 SF

      Retail Property in Texarkana, TX

      Retail property available for sale in Texarkana, Texas.
      1615 New Boston Rd, Texarkana, TX 75501
      View Details
    • $3,500,000

      Land For Sale Italy, TX

      Land available for sale in Italy, Texas.
      321 Carolyn Rd, Italy, TX
      View Details
    • $3,800,000

      Land Available in Southlake, TX

      Land for sale at 8850 Davis Blvd, Southlake, TX.
      8850 Davis Blvd, Southlake, TX 76092
      View Details
    • Contact for pricing

      Land Available in Southlake, TX

      Land for sale at 2835 W Southlake Chapel Blvd
      2835 W Southlake Chapel Blvd, Southlake, TX
      View Details
    • Contact for pricing

      Land Available in Corinth, Texas

      Land available for sale in Corinth, Texas.
      6401 S Interstate 35, Corinth, TX 76210
      View Details
    • Contact for pricing

      5.35 Acres on Preston Road

      5.35 acres of commercial land in Celina, Texas.
      Preston Rd, Celina, TX 75009
      View Details
    • Contact for pricing

      Land Available in Argyle, TX

      Land available for sale in Argyle, Texas.
      715 N Westgate Dr, Argyle, TX
      View Details
    • Contact for pricing

      Land For Sale Justin, TX

      Land available for sale in Justin, Texas.
      10425 Range Rd, Justin, TX 76247
      View Details
    • Contact for pricing

      Land For Sale Kilgore, TX

      Land available for purchase in Kilgore, Texas.
      1022 Cox Dr, Kilgore, TX 75662
      View Details
    • Contact for pricing

      Retail Site on I-35

      3-acre retail site with excellent I-35 visibility and access.
      Denton, TX
      View Details
    • Contact for pricing
      50,700 SF

      Industrial Property in Bullard, Texas

      50,700 SF industrial property available for sale.
      975 S Houston St, Bullard, TX 75757
      View Details
    • Contact for pricing

      321 Carolyn Ln, Italy, TX 76651

      Land
      321 Carolyn Ln, Italy, TX 76651
      View Details
    • Contact for pricing

      2.8 Acre Retail Site

      2.8-acre retail site with high visibility and access.
      Wind River Ln, Denton, TX 76210
      View Details
    • Contact for pricing

      Prime Corner Lot on Preston

      Hard corner lot ideal for retail development or ground lease.
      Celina TX Nec Preston Rd. & Ownsby Pkwy, Celina, TX 75009
      View Details
    • Contact for pricing

      Commercial Land on IH-35E

      1-acre commercial land with highway frontage in Lewisville, TX.
      1267 S Stemmons Fwy, Lewisville, TX 75067
      View Details
    • Contact for pricing

      Prime Development Land on Hwy 377

      5.3 acres with high visibility and commercial potential.
      377 And Harpole Rd, Argyle, TX 76226
      View Details
    • Contact for pricing
      52,508 SF

      Industrial Warehouse Space Available

      50,000 sq ft warehouse in Jacksonville, TX for lease.
      815 E State Highway 204, Jacksonville, TX 75766
      View Details

    For Lease (2)

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    • Contact for pricing

      Land For Rent Anna, TX

      Land available for rent in Anna, Texas.
      2610 S Powell Pkwy, Anna, TX 75409
      View Details
    • Contact for pricing
      34,000 SF

      Jacksonville Office Space For Rent

      34,000 square foot office space available for lease.
      1300 E Rusk St, Jacksonville, TX 75766
      View Details

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    Mark O. Pierce, Dallas, 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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    Mark O. Pierce, Dallas, TX
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