Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2038 Abbey Rd Forney, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces in Kaufman County, near H-E-B and major highways.

    Property size:
    28,700 SF
    Lot size:
    9.12 Acres

    Property Features for 2038 Abbey Rd

    General Information

    Size
    28,700 SF
    Lot size
    9.12 Acres

    We can help!

    Listing Contact
    Emilie Paulson
    Emilie Paulson
    Source: Moodyscre

    Listing Agency: The Weitzman Group | Dallas Listing Agent: Emilie Paulson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Growing County

    Located in Kaufman County, this retail space benefits from its position in one of the fastest-growing counties in the U.S., which has an estimated 7.6% year-over-year population increase. The property is directly across from a recently purchased H-E-B tract and offers convenient access to IH-20, US 80, and is just 25 miles east of Downtown Dallas. The development includes a 10-acre tract suitable for anchor tenants and multiple pads along FM 741, each approximately 1 acre. The multi-tenant space offers 28,700 square feet of retail spaces across three buildings. The estimated delivery date is October 2025. Each building features expansive patios and is designed around a central green space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Restaurant Hair Salon Dental Office Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom

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

    Similar Places Nearby

    City Plaza, Shoppes at Forney Crossing, City Plaza Forney

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.451
    Latitude
    32.7342

    Nearby Similar for Lease

    • New
      $3,300 /Mo
      12,632 SF

      Remodeled Office on Highway 80

      Remodeled office space with modern touches on Highway 80.
      101 Us Highway 80 E, Forney, TX 75126
      View Details
    • New
      $4,500 /Mo
      12,720 SF

      Forney Corner Lot Retail/Office

      Highly visible corner lot in rapidly growing Forney, Texas.
      802 E Broad St, Forney, TX 75126
      View Details
    • $5,000 /Mo
      12,502 SF

      Retail Space on Broad Street

      Retail space in high-traffic area suitable for multiple uses.
      103 W Broad St, Forney, TX 75126
      View Details
    • $30 SF/Yr
      217,800 SF

      New Retail Space in Forney,TX

      New retail center under construction, customizable units, high-traffic location.
      7112 Fm 741, Forney, TX 75126
      View Details
    • Contact for pricing
      1,274 SF

      Retail Space in Forney, TX

      Retail space available in a Tom Thumb shadow-anchored center.
      415 Fm 548, Forney, TX 75126
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in Forney, TX

      Retail space available in high-growth Forney retail corridor.
      780 E Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing
      5,562 SF

      New Retail Strip Under Construction

      New retail strip with high visibility and accessibility.
      2401 Farm To Market Rd, Forney, TX
      View Details
    • Contact for pricing

      Shell Condition Flex Space Available

      Flex space in shell condition, various sizes, short term leases.
      10552 County Road 213, Forney, TX 75126
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Space Available For Lease

      Flex/industrial space for lease with on-site management and security.
      106 Industrial Dr, Forney, TX 75126
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Space for Lease

      Flex space available with on-site management and flexible terms.
      107 Industrial Dr, Forney, TX 75126
      View Details
    • Contact for pricing
      5,000 SF

      Forney Flex Space Available

      Flex space available with on-site management and flexible lease terms.
      12201 Currency Cir, Forney, TX 75126
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Space with Flexible Terms

      Available industrial space with on-site management and flexible lease terms.
      305 Industrial Dr, Forney, TX 75126
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces in Kaufman County, near H-E-B and major highways.
    Where is this shopping center located?
    The property is located at 2038 Abbey Rd Forney, TX.
    What are key features of this property?
    This property features: - Located directly across from a recently purchased H-E-B tract.; - Located in Kaufman County, one of the fastest-growing counties in the U.S.; - Convenient access to IH-20 and US 80, only 25 miles east of Downtown Dallas.
    (310) 948-8081 Call to check price and availability
    Request Owner's contact information
    2038 Abbey Rd Forney, TX
    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.
    2038 Abbey Rd
    Forney, TX
    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
    2038 Abbey Rd Forney, TX
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Emilie Paulson
    Emilie Paulson
    (310) 948-8081 (214) 954-0600 (214) 720-3626
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!