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    Light Industrial Warehouse with Office Title is generated by Realmo AI

    305 W Aimee Street, Forney, TX 75126

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    Claim this Listing
    For Sale
    Under Contract
    $275,000

    COMMERCIAL - Forney, TX

    Lot size:
    0.09 Acres
    Added:
    May 5, 2026
    Days on Market:
    30
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for 305 W Aimee Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Open
    Standard status
    Active Under Contract
    APN
    23844
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    FORNEY REVISED BLOCK L LOT 11 PT
    Tax Annual Amount
    1685

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Deidra Ruchaber

    Listing agent Deidra Ruchaber License #0654723

    Listing office McDonald Realty Team Forney, TX

    Listing date May 5, 2026

    MLS# 21043007

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Light industrial/commercial building with metal siding and a metal roof, built in 1985
    • Multiple large rollup doors for vehicle and equipment entry, including big or small vehicles, forklifts, scissor lifts, and truck deliveries
    • Climate‑controlled office space with window unit(s) cooling and concrete flooring
    • Partitioned interior previously used as a vented paint booth; partition is described as easily removed if not needed
    • Public water and public sewer
    • Includes hookups for a tankless water heater and duct work for HVAC and furnace (used in the past)

    Overview

    This light industrial property combines a warehouse/work area with a climate-controlled office component. It previously operated as an auto body paint and repair facility, and it includes a partitioned, vented setup that was used as a paint booth, with the partition described as easily removable if that workspace is not needed. Multiple large roll-up doors support vehicle entry, whether for cars or equipment such as forklifts, scissor lifts, or delivery trucks. Additional improvements include hookups for a tankless water heater, plus duct work for HVAC and a furnace, which it has had in the past.

    Located at 305 W Aimee Street in Forney, the property is positioned in the heart of the area described as growing Forney.

    The configuration is well-suited for owners and operators who need light industrial functionality with dedicated office space, along with the flexibility to adapt the interior layout as their business changes. It may also appeal to buyers looking for a move-in-ready base for automotive-related work, paint or finishing functions (with the partitioned booth removed or retained), or other light industrial uses that benefit from multiple roll-up doors and existing mechanical infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Superior Auto Hail ... Auto Repair Shop Mastercraft Tires (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.4714937
    Latitude
    32.7516455

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    FAQs

    What type of property is this?
    Flex space - Warehouse with a climate-controlled office and removable partition, designed for flexible vehicle and workroom use.
    Where is this flex space located?
    The property is located at 305 W Aimee Street Forney, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Light industrial/commercial building with metal siding and a metal roof, built in 1985; Multiple large rollup doors for vehicle and equipment entry, including big or small vehicles, forklifts, scissor lifts, and truck deliveries; Climate‑controlled office space with window unit(s) cooling and concrete flooring
    (469) 618-9473
    We can help!
    Listing Contact
    Deidra Ruchaber
    Real Estate License ID: 0654723
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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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