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

    321 Limestone Ter Jarrell, TX 76537

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $10,800 /Mo

    3,600 SF office space in Jarrell, Texas for lease.

    Lot size:
    0.76 Acres

    Property Features for 321 Limestone Ter

    General Information

    Lot size
    0.76 Acres

    Building Details

    Year built
    2007

    We can help!

    Listing Contact
    Thomas D. Slowbe
    Source: Elliman

    Listing Agent: Thomas D. Slowbe

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

    Learn more

    Overview

    Office Space in Growing Community

    Located in Jarrell, Texas, this property offers 3,600 square feet of rentable office space. The single-story building includes additional second-story storage. The layout features multiple private offices, a reception area, two bathrooms, and an open workspace. All utilities are available to the property, including water, sewer, fire flow, and 3-phase electric. The property benefits from excellent access to I-35 and high visibility. It is surrounded by popular restaurants and amenities. This location presents an opportunity to establish a business in a rapidly expanding market with strong community growth and accessibility.
    Location Intelligence

    Current Use by Public Records

    EPI Electronic Parts Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jarrell
    County
    Williamson
    State
    Texas
    Longitude
    -97.6111168
    Latitude
    30.8086647

    Nearby Similar for Lease

    • $1,649 /Mo

      New Home in Quiet Neighborhood

      Brand new 3-bedroom home with fenced backyard and luxury features.
      518 Whirlaway Dr, Jarrell, TX 76537
      View Details
    • $4,250 /Mo

      Distribution Property Near IH 35

      Distribution property in prime location near IH 35.
      500 L R Williams Ln Ln, Jarrell, TX 76537
      View Details
    • Contact for pricing
      20,050 SF

      Jarrell Industrial Facility For Rent

      20,050 SF industrial facility on 7.90 acres in Jarrell, TX.
      75 County Road 372, Jarrell, TX 76537
      View Details
    • $12 SF/Yr
      6,450 SF

      Cougar Plaza: Jarrell Office Space

      Prime Jarrell Office Suites, Flexible Sizes
      305 Limestone Ter, Jarrell, TX 76537
      View Details
    • $24 SF/Yr
      3,600 SF

      Prime Retail Space Available

      High-visibility retail space in a high-traffic travel center.
      11775 N Interstate 35, Jarrell, TX 76537
      View Details
    • Contact for pricing
      7,200 SF

      New Industrial Spaces Near IH 35

      Brand-new industrial spaces available for lease near IH 35.
      508 Lr Williams Ln, Jarrell, TX
      View Details
    • $10 SF/Yr
      2,500 SF

      Industrial Unit with Outdoor Storage

      2,500 SF industrial unit with outdoor storage available for lease.
      100 Lr Williams Ct, Jarrell, TX
      View Details
    • $3,550 /Mo

      Warehouse Space with Rollup Door

      2500 SF warehouse space featuring a 12x12 rollup door.
      1310 W Fm 487, Jarrell, TX 76537
      View Details

    FAQs

    What type of property is this?
    Office space - 3,600 SF office space in Jarrell, Texas for lease.
    Where is this office space located?
    The property is located at 321 Limestone Ter Jarrell, TX.
    What are key features of this property?
    This property features: - Excellent access to I-35 with high visibility.; - Located in Jarrell, TX, one of Williamson County's fastest-growing communities.; - 3,600 SF of rentable space.
    (214) 952-2299
    Request Owner's contact information
    321 Limestone Ter Jarrell, TX 76537
    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.
    321 Limestone Ter
    Jarrell, TX 76537
    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
    321 Limestone Ter Jarrell, TX 76537
    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
    Thomas D. Slowbe
    Real Estate License ID: 0549424
    (214) 952-2299
    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.