Add Listing
    For Sale
    • 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

    11511 Walnut Ln Forney, TX 75126

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

    8,400 SF shopping center in rapidly growing Forney, Texas.

    Property size:
    8,400 SF
    Lot size:
    1.07 Acres

    Property Features for 11511 Walnut Ln

    General Information

    Size
    8,400 SF
    Lot size
    1.07 Acres

    We can help!

    Listing Contact
    Ashley Lail
    Ashley Lail
    Source: Moodyscre

    Listing Agency: Preston Bend Real Estate Listing Agent: Ashley Lail

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

    Learn more

    Property Insight Report

    Overview

    Fully Leased Forney Shopping Center

    This 8,400 square foot shopping center is located in Forney, Texas. The property is fully leased and offers stable income. The tenant leases feature staggered expirations. The property is located in a rapidly growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sonshine Playtime Event Planning SOS Reliable Tax ... Tax Preparation ATM (ATM Link, ... Atm Nature's Oils - CBD ... (Bike/Boat/Book/etc) Store Supernatural Tattoo Studio Tattoo & Piercing Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.472539
    Latitude
    32.723884

    Nearby Similar for Sale

    • New
      $625,000
      0.29 Acres

      Remodeled Office Building on Highway

      Remodeled office building in prime location on Hwy 80.
      101 Us Highway 80 E, Forney, TX 75126
      View Details
    • New
      $649,000
      0.29 Acres

      Forney Corner-Lot Retail/Office Property

      Highly visible corner-lot property in rapidly growing Forney, Texas.
      802 E Broad St, Forney, TX 75126
      View Details
    • $1,200,000
      2,388 SF

      Custom Office Building in Forney

      Meticulously maintained office building near Downtown Forney.
      408 Pinson Rd, Forney, TX 75126
      View Details
    • $3,200,000
      0.81 Acres

      Car Wash Site in Forney

      Car wash site in a rapidly growing suburban market.
      254 Fm 1641, Forney, TX 75126
      View Details
    • $275,000
      0.09 Acres

      Versatile Industrial Space in Forney

      Light industrial space with climate-controlled office in growing Forney.
      305 W Aimee St, Forney, TX 75126
      View Details
    • $1,000,000
      3,202 SF

      Ranch Property Near I-20

      19-acre ranch with pond, barn, and comfortable residence.
      9583 Neal Rd, Forney, TX 75126
      View Details
    • New
      $259,900
      0.22 Acres

      Retail Opportunity in Forney, TX

      High-visibility retail property near Downtown Forney with development potential.
      505 E Broad St, Forney, TX 75126
      View Details
    • New
      $249,900
      0.17 Acres

      Forney Retail Opportunity

      High-visibility retail property near downtown Forney with redevelopment potential.
      503 E Fm Rd 688 St, Forney, TX 75126
      View Details
    • $299,900
      962 SF

      Versatile Commercial/Residential Forney Property

      Remodeled property suitable for commercial or residential use in growing Forney.
      407 E Broad St, Forney, TX 75126
      View Details
    • $439,900
      0.06 Acres

      Historic Building in Downtown Forney

      Adaptively restored historic building with modern touches in downtown Forney.
      206 S Bois D Arc St, Forney, TX 75126
      View Details
    • Contact for pricing
      10,350 SF

      Forney Retail Space Available

      Pad site and retail space in prime retail corridor.
      610 N Farm To Market 548, Forney, TX
      View Details
    • Contact for pricing
      11,351 SF

      Victory Shops at Forney

      11,351 SF multi-tenant retail center in Forney, Texas.
      485 Marketplace Blvd, Forney, TX
      View Details

    FAQs

    What type of property is this?
    Shopping center - 8,400 SF shopping center in rapidly growing Forney, Texas.
    Where is this shopping center located?
    The property is located at 11511 Walnut Ln Forney, TX.
    What are key features of this property?
    This property features: - 8,400 SF fully leased shopping center provides stable, passive income.; - Located in a rapidly growing area of Forney, Texas.; - Minimal landlord obligations.
    (903) 200-9933 Call to check price and availability
    Request Owner's contact information
    11511 Walnut Ln Forney, TX 75126
    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.
    11511 Walnut Ln
    Forney, TX 75126
    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
    11511 Walnut Ln Forney, TX 75126
    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 Ashley Lail
    Ashley Lail
    Real Estate License ID: 0607153
    (903) 200-9933 (817) 240-3775
    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!