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    Corner Retail/Office Building Title is generated by Realmo AI

    300 E Railroad Avenue, Godley, TX 76044

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    New
    For Lease
    $2,800/Mo $31 SF/Yr (calc)

    Standalone corner building with drive-thru window, covered entry, and private office plus kitchen and restroom.

    Property size:
    1,080 SF
    Lot size:
    0.78 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 2:37 am

    Property Features for 300 E Railroad Avenue

    General Information

    Standard status
    Active
    Size
    1,080 SF
    Lot size
    0.78 Acres

    Building Details

    Year Built
    2008

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    Listing Contact
    PAM Jackson

    Listing agent PAM Jackson

    Listing office Cowtown Real Estate

    Listing date Jun 3, 2026

    Source Signaturere

    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 Cowtown Real Estate

    HighLights

    • Standalone commercial building built in 2008 with a large open interior plus private office, restroom, and kitchen
    • Corner lot on an oversized approx. 0.777‑acre tract with room for expansion
    • Features a functioning drive‑thru window and a covered side entrance with sliding glass doors
    • Concrete parking area and visible back of property from Hwy 171 for potential signage
    • Freshly painted exterior and interior
    • Located about 10 minutes to Chisholm Trail with roughly 25‑minute access to DFW

    Overview

    This commercial building is configured with a large open interior along with a private office, restroom, and kitchen. It includes a covered side entrance featuring sliding glass doors, and a functioning drive-thru window. The interior and exterior have been freshly painted, and the property is served by a concrete parking area.

    The site is a corner lot with room for expansion and is approximately 0.777 acres. The back of the property is visible from Hwy 171, which supports signage opportunities. The property is listed at 300 E Railroad Avenue in Godley, Texas, with about 10 minutes to Chisholm Trail and roughly 25-minute access to DFW.

    The layout and site features make this a practical fit for a tenant looking for a mix of customer-facing space and a private work area, with additional convenience from on-site drive-thru service. Suitable uses include retail, office, or service industry, supported by the covered entry and dedicated restroom and kitchen.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Godley
    County
    Johnson
    State
    Texas
    Longitude
    -97.530857
    Latitude
    32.448138

    Nearby Similar for Lease

    • $2,800/Mo

      Commercial Building with Drive-Thru

      Corner-lot commercial building with a functioning drive-thru window, open interior, private office, and freshly updated finishes.
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      View Details
    • $1,800/Mo

      Flexible Office Suite

      Flexible office space in Godley, TX—ideal for businesses seeking adaptable room to operate and grow.
      105 W Graham Avenue, Godley, TX 76044
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      Restaurant Redevelopment Opportunity

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      Retail/Restaurant Space Available

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      Secured Yard Warehouse with Office

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    FAQs

    What type of property is this?
    Storefront property - Standalone corner building with drive-thru window, covered entry, and private office plus kitchen and restroom.
    Where is this storefront property located?
    The property is located at 300 E Railroad Avenue Godley, TX.
    What is the lease rate?
    The lease rate is $2,800 /Mo.
    What are key features of this property?
    This property features: Standalone commercial building built in 2008 with a large open interior plus private office, restroom, and kitchen; Corner lot on an oversized approx. 0.777‑acre tract with room for expansion; Features a functioning drive‑thru window and a covered side entrance with sliding glass doors
    (817) 645-3350
    We can help!
    Listing Contact
    PAM Jackson
    Learn More
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    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.

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