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

    1230 S J Elmer Weaver Fwy Cedar Hill, TX

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

    10 acre industrial property with highway frontage and visibility.

    Type:INDUSTRIAL
    Property size:
    11,100 SF
    Lot size:
    10.10 Acres
    Added:
    Dec 20, 2024
    Days on Market:
    490
    Last Refresh:
    Apr 5 at 10:00 pm

    Property Features for 1230 S J Elmer Weaver Fwy

    General Information

    Standard status
    Active
    Size
    11,100 SF
    Lot size
    10.10 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 1230 S J Elmer Weaver Fwy Contact us

    We can help!

    Listing Contact
    Jeremy Mercer
    Jeremy Mercer

    Listing agent Jeremy Mercer License #633435

    Listing office Mercer Company

    Listing date Dec 20, 2024

    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 Mercer Company

    Overview

    Industrial Land with Highway Frontage

    This industrial property features 11,100 square feet of space across three buildings, situated on 10 gross acres, with 7 usable acres. The property benefits from frontage and visibility on Highway 67 and includes highway signage availability. It is zoned for industrial use and features a fully concrete surface. The site is fully secured with a chain-link fence. There is the ability to add a warehouse or shop facility.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.9561
    Latitude
    32.5885

    Nearby Similar for Lease

    • $3,500/Mo

      Cedar Hill Office For Rent

      Commercial office space with highway frontage and high visibility.
      311 S Highway 67, Cedar Hill, TX 75104
      View Details
    • $1,500/Mo

      Retail/Office Space in Cedar Hill

      Storefront in strip center with good traffic and street signage.
      320 S Clark Road, Cedar Hill, TX 75104
      View Details
    • $2,500/Mo

      Office Space in Cedar Hill

      Office space available for lease in Cedar Hill, Texas.
      214 W Belt Line Road, Cedar Hill, TX 75104
      View Details
    • $2,500/Mo

      Office Space in Cedar Hill

      Office space available for lease in Cedar Hill, Texas.
      214 W Belt Line Road, Cedar Hill, TX 75104
      View Details
    • $2,450/Mo

      Cedar Hill Office Leasing Opportunity

      Office space for lease in Cedar Hill's commercial district.
      216 W Belt Line Road, Cedar Hill, TX 75104
      View Details
    • Sponsored
      Contact for pricing

      TX, Cedar Hill - Uptown Village

      75104 Cedar Hill Rd, Unit 2000, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Community-Driven Lifestyle Center Retail Space

      Retail spaces in a high-traffic, community-focused lifestyle center.
      305 W FM 1382, Cedar Hill, TX 75104
      View Details
    • $1,200/Mo

      Cedar Hill Office Space Available

      Office space for lease with ample parking and signage.
      875 Straus Road, Cedar Hill, TX
      View Details
    • Contact for pricing

      Retail Space in Cedar Hill

      Retail space available in vibrant Cedar Hill trade area.
      415-425 E PLEASANT RUN RD, 949 N HWY 67 | 971 N HWY 67, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Cedar Hill Retail Space Available

      Retail space available in Cedar Hill Crossing power center.
      420-432 N Hwy 67 , Cedar Hill, TX
      View Details
    • Contact for pricing

      Commercial Space Available for Rent

      Commercial property with 1313 square feet available for rent.
      329 N. Hwy 67, Cedar Hill, TX 75104
      View Details

    FAQs

    What type of property is this?
    Industrial property - 10 acre industrial property with highway frontage and visibility.
    Where is this industrial property located?
    The property is located at 1230 S J Elmer Weaver Fwy Cedar Hill, TX.
    What are key features of this property?
    This property features: 11,100 SF across 3 buildings; 10 gross acres (7 usable); Zoned industrial
    (214) 682-3447 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeremy Mercer
    Jeremy Mercer
    Real Estate License ID: 633435
    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!