Sign Up Successful!
You now have access to more from Realmo!
    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

    12309 Ryliecrest Dr Balch Springs, TX 75253

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $220,000

    Two-acre property suitable for development or personal use.

    Lot size:
    1.84 Acres

    Property Features for 12309 Ryliecrest Dr

    General Information

    Lot size
    1.84 Acres

    We can help!

    Listing Contact
    Beatrice Villa
    Source: Elliman

    Listing Agency: CENTURY 21 Judge Fite Co. Listing Agent: Beatrice Villa

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

    Learn more

    Overview

    Expansive Land in Growing Area

    This 2-acre property is located in a rapidly growing area on the outskirts of Dallas. The land is flat and offers ample space. It provides easy access to major highways, shopping centers, and local amenities. The surrounding neighborhood includes a mix of residential and commercial properties, making this a versatile option for various projects. This location combines convenience and potential for investment, building, or development.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Balch Springs
    County
    Dallas
    State
    Texas
    Longitude
    -96.615067
    Latitude
    32.7006394

    Nearby Similar for Sale

    • $419,000
      0.95 Acres

      Balch Springs Retail-Commercial Opportunity

      High-visibility retail property with residential and commercial potential in Balch Springs.
      3521 Pioneer Rd, Balch Springs, TX 75180
      View Details
    • $450,000
      0.23 Acres

      Versatile Warehouse Space Available

      10,000 sq ft warehouse with offices and amenities.
      11512 S Blossom Cir, Balch Springs, TX 75180
      View Details
    • New
      $899,500
      0.61 Acres

      Multi-Tenant Retail Redevelopment Opportunity

      Multi-tenant retail property in Balch Springs with redevelopment potential.
      3300 Shepherd Ln, Balch Springs, TX 75180
      View Details
    • $2,495,000
      1.70 Acres

      Balch Springs Industrial Opportunity

      1.7-acre industrial property in Balch Springs, Texas, for sale.
      10936 Martin St, Balch Springs, TX 75180
      View Details
    • $2,608,695
      2,391 SF

      Balch Springs Retail Investment Opportunity

      Freestanding retail property with long-term lease and interstate frontage.
      12601 Lake June Rd, Balch Springs, TX 75180
      View Details
    • $1,798,362
      9,180 SF

      Family Dollar Storefront in Balch Springs

      Family Dollar store in Balch Springs, Texas, for sale.
      4025 Pioneer Rd, Balch Springs, TX 75180
      View Details
    • Contact for pricing
      137,537 SF

      Balch Springs Warehouse Opportunity

      137,537 SF warehouse/industrial property in Balch Springs, Texas.
      5320-5324 S Peachtree Rd, Balch Springs, TX 75180
      View Details
    • Contact for pricing
      25 SF

      Industrial Property on 4.83 Acres

      25,500 SF industrial property on 4.83 acres available for sale.
      1730 W Bruton Rd, Balch Springs, TX 75180
      View Details
    • Contact for pricing
      124,785 SF

      Balch Springs Warehouse Space

      124,785 square foot warehouse in Balch Springs, Texas.
      5324 S Peachtree Rd, Balch Springs, TX 75180
      View Details
    • Contact for pricing
      4,800 SF

      Retail Property in Balch Springs

      Retail property available for sale in Balch Springs, Texas.
      2327 Crystal Dr, Balch Springs, TX 75180
      View Details

    FAQs

    What type of property is this?
    Land - Two-acre property suitable for development or personal use.
    Where is this land located?
    The property is located at 12309 Ryliecrest Dr Balch Springs, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Expansive 2-acre property suitable for development or personal use.; - Located in a rapidly growing area on the outskirts of Dallas.; - Easy access to major highways, shopping centers, and local amenities.
    Request Owner's contact information
    12309 Ryliecrest Dr Balch Springs, TX 75253
    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.
    12309 Ryliecrest Dr
    Balch Springs, TX 75253
    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
    12309 Ryliecrest Dr Balch Springs, TX 75253
    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!
    Listing Contact
    Beatrice Villa
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.