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

    2741 N IH 35E Carrollton, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freeway-zoned land suitable for retail or professional office buildings.

    Type:LAND
    Lot size:
    5.00 Acres
    Added:
    Aug 22, 2023
    Days on Market:
    978
    Last Refresh:
    Apr 5 at 10:25 pm

    Property Features for 2741 N IH 35E

    General Information

    Standard status
    Active
    Lot size
    5.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Brian K. Buell

    Listing agent Brian K. Buell

    Listing office Alliance Commercial

    Listing date Aug 22, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Alliance Commercial

    Overview

    Land Available Off Interstate 35E

    Approximately 30,000 square feet of land is available for rent. The property is zoned Freeway and is located off Interstate 35E, offering freeway visibility and frontage access. Building design concepts are available. The location is suitable for retail or professional office buildings.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Carrollton
    County
    Denton
    State
    Texas
    Longitude
    -96.8909
    Latitude
    32.951

    Nearby Similar for Sale

    • $625,000

      Versatile Commercial Condo in Carrollton

      2,340 SF condo ideal for medical, spa, or professional offices.
      2840 Keller Springs Road, Carrollton, TX 75006
      View Details
    • $699,000

      Commercial Prep Kitchen with Studio

      Commercial prep kitchen with studio space in Carrollton, Texas.
      4116 State Highway 121, Carrollton, TX 75010
      View Details
    • $1,150,000

      Former Childcare Building in Carrollton

      Former childcare building with classrooms, offices, and playground in Carrollton.
      1935 Old Denton Road, Carrollton, TX 75006
      View Details
    • $499,999

      Carrollton Land Parcel on I-35E

      Unimproved land parcel in a prime Carrollton location.
      1610 S Interstate 35E, Carrollton, TX 75006
      View Details
    • $749,000

      Prime Commercial Shell Space Available

      Shell space in Carrollton, TX, ideal for retail or office.
      4116 State Highway 121, Carrollton, TX 75010
      View Details
    • $675,786

      Carrollton Land Near Medical Center

      Unimproved land in high-traffic area near Carrollton Regional Medical Center.
      4108 Medical Parkway, Carrollton, TX 75007
      View Details
    • $499,000

      Carrollton Land Parcel on I-35E

      Unimproved land parcel in prime Carrollton location near I-35E.
      1610 S Interstate 35e, Carrollton, TX 75006
      View Details
    • $317,000

      Residential Land in Established Neighborhood

      Corner lot suitable for building a single-family home.
      3701 Canon Gate Circle, Carrollton, TX 75007
      View Details
    • $399,000
      1,109 SF

      Turnkey Wellness Center Opportunity

      Class B office condo configured as a salon and med spa.
      3000 Keller Springs Road 100, Carrollton, TX 75006
      View Details
    • $850,000

      Carrollton Office Condos For Sale

      Office condos in Keller Springs Office Park, suitable for medical/spa.
      2840 Keller Springs Road, Carrollton, TX 75006
      View Details
    • $1,700,000
      2,500 SF

      Carrollton Medical Office Building For Sale

      Move-in-ready medical office building in a desirable professional park.
      4100 Fairway Court, Carrollton, TX 75010
      View Details
    • $2,900,000
      6,562 SF

      Carrollton Restaurant Building For Sale

      6,562 SF second generation restaurant building in Carrollton, TX.
      4109 State Highway 121, Carrollton, TX 75010
      View Details

    FAQs

    What type of property is this?
    Land - Freeway-zoned land suitable for retail or professional office buildings.
    Where is this land located?
    The property is located at 2741 N IH 35E Carrollton, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: +/- 30,000 USF Available; Freeway Visibility/Frontage Access; Located off Interstate 35E
    (817) 663-9000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian K. Buell
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!