Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    3300 Glenshire Drive Balch Springs, TX 75180

    View on Map
    Claim this Listing
    For Sale
    $250,000

    Unimproved Land - Balch Springs, TX

    Type:Unimproved Land
    Lot size:
    0.27 Acres
    Added:
    Oct 13, 2025
    Days on Market:
    206
    Last Refresh:
    May 6 at 11:06 am

    Property Features for 3300 Glenshire Drive

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    65144313510150000
    Lot size
    0.27 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    1985
    Architectural style
    Other

    We can help!

    Listing Contact
    Clarence Sebastian
    Clarence Sebastian

    Listing agent Clarence Sebastian License #0461005

    Listing office Sebastian Realty 6802 Galway Dr., San Antonio, TX

    Listing date Oct 13, 2025

    MLS# 21085862 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Balch Springs Unimproved Corner Lot

    This corner lot, situated at the intersection of Glenshire Drive and Quail Drive in Balch Springs, Texas, is currently raw land and a parking lot. Zoned for local retail by the City of Balch Springs, the property presents an opportunity for new construction. A previous structure was condemned and subsequently demolished by the city. While there are currently no utilities on the property, they are available across the street. The 0.274-acre lot allows for a customized building design. The billboard sign on the property is not included in the sale and will be sold separately at a later date. The new survey will need to show an easement providing access to the billboard sign.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Balch Springs
    County
    Dallas
    State
    Texas
    Longitude
    -96.61561
    Latitude
    32.724397

    Nearby Similar for Sale

    • $850,000

      Balch Springs Industrial Property For Sale

      Industrial property in Balch Springs with redevelopment potential.
      5403 S Peachtree Road, Balch Springs, TX 75180
      View Details
    • $750,000

      Retail Investment Opportunity in Balch Springs

      Multi-tenant retail property with redevelopment potential in Balch Springs, TX.
      3300 Shepherd Lane, Balch Springs, TX 75180
      View Details
    • $950,000

      Development-Ready Land in Balch Springs

      Permit-ready 1.93 acre commercial site with approved plans.
      4500 Ambassador Way, Balch Springs, TX 75180
      View Details
    • $999,000

      Prime Commercial Land Opportunity

      8.32 acre corner lot in growing Balch Springs, TX.
      9999 Lawrence Drive, Balch Springs, TX 75181
      View Details
    • $450,000

      Prime Commercial Land Opportunity

      2.06-acre corner lot with mixed-use development potential.
      3495 S Belt Line Road, Balch Springs, TX 75181
      View Details
    • $360,000

      Balch Springs Retail-Commercial Opportunity

      High-visibility property zoned for retail with residential and commercial potential.
      3521 Pioneer Road, Balch Springs, TX 75180
      View Details
    • $179,000

      Balch Springs Land Opportunity

      Two adjacent lots for residential or light commercial use.
      14004 Quail Drive, Balch Springs, TX 75180
      View Details
    • $490,000

      Balch Springs Commercial Property

      Commercial property with over 1 acre, between I-635 and 175.
      5417 S Peachtree Road, Balch Springs, TX 75180
      View Details
    • $59,000

      Gated Land Ready For Parking

      Gated land suitable for parking, close to I20 and 635.
      2511 Lora Lane, Balch Springs, TX 75180
      View Details
    • $450,000

      Versatile Warehouse Space Available

      10,000 sq ft warehouse with offices and amenities.
      11512 S Blossom Circle, Balch Springs, TX 75180
      View Details
    • $249,900

      Balch Springs Land For Sale

      2.96 acre land lot in Balch Springs, convenient location.
      12112 Seagoville Road, Balch Springs, TX 75180
      View Details
    • $307,000

      Balch Springs Mixed-Use Opportunity

      Commercial lot with residential access parcel in Balch Springs.
      3800 Pioneer Road, Balch Springs, TX 75180
      View Details

    FAQs

    What type of property is this?
    Commercial land - Raw land suitable for local retail development in Balch Springs.
    Where is this commercial land located?
    The property is located at 3300 Glenshire Drive Balch Springs, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: **Prime corner lot location** at Glenshire and Quail.; Zoned for Local Retail by the City of Balch Springs.; Opportunity to build a new structure to buyer's specifications.
    (214) 673-1740
    We can help!
    Listing Contact
    Clarence Sebastian
    Clarence Sebastian
    Real Estate License ID: 0461005
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3300 Glenshire Drive, Balch Springs, TX 75180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!