Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Neighborhood Services Center For Lease Title is generated by Realmo AI

    1730 Old Justin Road, Argyle, TX 76226

    View on Map
    Claim this Listing
    For Lease
    $38 SF/Yr $57,000/Mo (calc)

    Neighborhood Services Center in Hillwood's Harvest Community, delivering Summer 2027.

    Type:Retail
    Property size:
    18,000 SF
    Added:
    May 14, 2026
    Days on Market:
    18
    Last Refresh:
    May 14 at 8:17 pm

    Property Features for 1730 Old Justin Road

    General Information

    Standard status
    Active
    Size
    18,000 SF
    Property subtype
    Retail

    Spaces For Lease

    at 1730 Old Justin Road Contact us

    We can help!

    Listing Contact
    Greg Johnson

    Listing agent Greg Johnson

    Listing office SVN | Verus Commercial

    Listing date May 14, 2026

    Source Svn

    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 SVN | Verus Commercial

    HighLights

    • High‑end, food‑focused gathering place in Hillwood's Harvest Community.
    • Class‑A exterior elevations.
    • Located in the heart of Hillwood's Harvest Community.
    • Hard corner site (northwest).
    • Two drive‑thru spaces.
    • Across the street from Argyle West Elementary.

    Overview

    This neighborhood services center, spanning approximately 18,000 square feet, is scheduled for delivery in the summer of 2027. Located in the heart of Hillwood's Harvest Community, it aims to be a high-end, food-focused gathering place, providing access to thousands of households with favorable demographics in the Dallas-Fort Worth area. Situated on a hard corner site on the northwest side, the center is located across the street from Argyle West Elementary. The property will feature Class-A exterior elevations. It also includes two drive-thru spaces.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Argyle
    County
    Denton
    State
    Texas
    Longitude
    -97.2259313
    Latitude
    33.1187328

    Nearby Similar for Lease

    • $2,750/Mo

      Argyle Retail/Office/Warehouse/Industrial Space

      Gated lot near Flower Mound & Argyle. Multiple uses.
      409 Copper Canyon Road, Argyle, TX 76226
      View Details
    • $6,000/Mo

      New Retail and Office Space

      New 28,000 SF modern building with office, medical, restaurant, gym.
      8595 Highway 377, Argyle, TX 76226
      View Details
    • $5,000/Mo

      New Commercial Space in Argyle

      New commercial space in Argyle, TX, suitable for various businesses.
      8595 Highway 377, Argyle, TX 76226
      View Details
    • $14 SF/Yr
      2,700 SF

      Attractive Office Building Near I-35E

      Stone and brick office building with easy access to major roadways.
      3327 COLORADO BLVD, Argyle, TX
      View Details
    • $2,750/Mo
      15,500 SF

      Versatile Space in Central Location

      Gated lot suitable for retail, office, warehouse, or industrial use.
      409 Copper Canyon Road, Argyle, TX 76226
      View Details
    • $6,000/Mo
      2,000 SF

      New Modern Building Space Available

      Modern building with suites for office, medical, restaurant, gym.
      8595 Highway 377 #1F, Argyle, TX 76226
      View Details
    • $18 SF/Yr
      1,400 SF

      Argyle Flex Space For Rent

      Flex space available for lease in Argyle, Texas.
      2142 Hamilton Rd, Argyle, TX
      View Details
    • $15 SF/Yr
      7,000 SF

      Flex Space Available For Rent

      Flex space featuring creative finish outs and grade-level doors.
      2126 Hamilton Dr, Argyle, TX
      View Details
    • $12 SF/Yr
      3,750 SF

      Industrial Flex Space Available

      Industrial flex space for rent with no zoning restrictions.
      979 Stonecrest Rd, Argyle, TX
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at 100 Country Club Rd.
      100 Country Club Rd., Argyle, TX 76226
      View Details
    • $28 SF/Yr
      1,212 SF

      Argyle Office/Retail Space Available

      Office/Retail space available for rent in Argyle, Texas.
      144 N Old Town Blvd, Argyle, TX
      View Details
    • Contact for pricing
      53,200 SF

      Argyle Flex Space For Lease

      Flex space in Argyle Business Center with versatile layout.
      2126 Hamilton Road, Argyle, TX 76226
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood Services Center in Hillwood's Harvest Community, delivering Summer 2027.
    Where is this shopping center located?
    The property is located at 1730 Old Justin Road Argyle, TX.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: High‑end, food‑focused gathering place in Hillwood's Harvest Community.; Class‑A exterior elevations.; Located in the heart of Hillwood's Harvest Community.
    (940) 594-7717
    We can help!
    Listing Contact
    Greg Johnson
    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

    Thank You for Inquiry
    1730 Old Justin Road, Argyle, TX 76226
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!