Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    DeKalb, Texas Development Opportunity Title is generated by Realmo AI

    W Grizzly Dr, De Kalb, TX 75559

    View on Map
    Claim this Listing
    For Sale
    $125,000

    COMMERCIAL - DeKalb, TX

    Lot size:
    2.75 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    74
    Last Refresh:
    May 24 at 2:06 pm

    Property Features for W Grizzly Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.75 Acres

    We can help!

    Listing Contact
    Angela Son
    Angela Son

    Listing agent Angela Son License #AB00070412

    Listing office United Country Real Estate Angela Son Realty 1021 W Grizzly Street, Texarkana, TX

    Listing date Mar 12, 2026

    MLS# 204432 Listing URL

    Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3. 25‑acre tract suitable for commercial development or multi‑family housing.
    • Located next to the local Industrial Park, ideal for workforce housing or business development.
    • Borders the city park on the east side, offering a pleasant natural setting.
    • Strategic location in a growing area of De Kalb, Texas.
    • Versatile property with convenient access.
    • Excellent opportunity for investors, developers, or business owners.

    Overview

    This approximately 3.25-acre tract is located on Grizzly Drive in De Kalb, Texas, next to the local Industrial Park. The property is suitable for commercial development or multi-family housing. The city park borders the east side, and the Industrial Park lies directly to the west, creating potential for workforce housing or business development. This tract offers flexibility for a variety of development possibilities in a growing area of De Kalb.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    De Kalb
    County
    Bowie
    State
    Texas
    Longitude
    -94.6128642
    Latitude
    33.5066917

    Nearby Similar for Sale

    • $409,000
      8,050 SF

      DeKalb Commercial Property For Sale

      Commercial property with multiple income streams in DeKalb, Texas.
      111 Bowie, DeKalb, TX 75559
      View Details
    • $349,900
      4,048 SF

      Restored Venue with Income Potential

      Versatile commercial event venue with upstairs apartment in DeKalb, TX.
      101 Runnels, DeKalb, TX 75559
      View Details
    • $354,999
      2,290 SF

      Livestock Ready Ranch with Home

      15 acre ranch featuring a traditional 2,290 sq ft home.
      8181 Fm 1840, De Kalb, TX 75559
      View Details
    • $59,000

      Highway Frontage Land in DeKalb

      1.21 acres with highway visibility in DeKalb, Texas.
      478 E Grizzley, DeKalb, TX 75559
      View Details
    • $999,599
      1,100 SF

      Turn-Key Hunting Ranch & Barndo

      Premier East Texas hunting ranch with luxury barndominium on 129-acres.
      3518 FM 1701, DeKalb, TX 75559
      View Details
    • $532,350

      DeKalb Ranch with Creek Bottom

      118+ acre ranch featuring creek, ponds, and hay meadow.
      CR 4241, DeKalb, TX 75559
      View Details
    • $425,000
      25,845 SF

      DeKalb Commercial Property For Sale

      25,845 sqft commercial property with redevelopment potential in DeKalb, TX.
      540 SE Front ST, DeKalb, TX 75559
      View Details
    • $599,000

      92.72 Acres Hunting/Recreational Land

      Hunting and recreational property with homesite potential near De Kalb, TX.
      W Hwy 82, DeKalb, TX 75559
      View Details
    • $300,000

      Prime Commercial Land Opportunity

      5.07 acres of premium commercial land on US Hwy 82.
      10250 US Hwy 82 W, DeKalb, TX 75559
      View Details
    • $300,000
      600 SF

      East Texas Hunting, Recreational Retreat

      40.26 acres near DeKalb, TX with timber and cabin.
      1916 County Road 4241, DeKalb, TX 75559
      View Details
    • $59,000

      Residential Lots in DeKalb, TX

      Four residential lots totaling 0.76 acres in DeKalb, TX.
      Browning, DeKalb, TX 75559
      View Details
    • $46,500

      DeKalb, TX Wooded Acreage

      7.5 acres of wooded land with creek near DeKalb.
      COUNTY ROAD 3314, DeKalb, TX 75559
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.25-acre tract ideal for commercial or multi-family development.
    Where is this commercial land located?
    The property is located at W Grizzly Dr De Kalb, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 3. 25‑acre tract suitable for commercial development or multi‑family housing.; Located next to the local Industrial Park, ideal for workforce housing or business development.; Borders the city park on the east side, offering a pleasant natural setting.
    (903) 293-3883
    We can help!
    Listing Contact
    Angela Son
    Angela Son
    Real Estate License ID: AB00070412
    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
    W Grizzly Dr, DeKalb, TX 75559
    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!