Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Development Land Near I-35 Title is generated by Realmo AI

    444 E Renfro St, Burleson, TX

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

    Commercial land with high visibility and utilities on-site.

    Type:LAND
    Lot size:
    5.47 Acres
    Added:
    Jun 15, 2022
    Days on Market:
    1425
    Last Refresh:
    Apr 5 at 11:21 pm

    Property Features for 444 E Renfro St

    General Information

    Standard status
    Active
    Lot size
    5.47 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Casey Borgers
    Casey Borgers

    Listing agent Casey Borgers License #440397

    Listing office Dominus Commercial

    Listing date Jun 15, 2022

    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 Dominus Commercial

    HighLights

    • High‑traffic location: 71,000 vehicles per day (VPD) on I‑35
    • Excellent visibility: Frontage on E Renfro, visible from I‑35
    • Zoned Planned Development: All sites are zoned Planned Development
    • Build to Suit Opportunity: Flexible development options
    • Utilities on‑site: Ready for development with utilities available
    • High‑growth market: Rare opportunity to develop multiple sites

    Overview

    This commercial land offers a build-to-suit opportunity with utilities available on-site. All sites are zoned Planned Development. The property features frontage on E Renfro and is visible from I-35, which experiences a traffic volume of 71,000 vehicles per day. It is strategically located in a high-growth market within one of Burleson’s most trafficked and important corridors, and is situated minutes from Old Town Burleson, numerous restaurants, and retail amenities, as well as Centennial High School. This presents a rare opportunity to develop multiple sites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Reserve at Village Creek Apartment Complex Chef Tom Heintz Community College Lifetime Hearing Aids Hearing Aid Store Short Family Medical ... Medical Clinic The Storage Chef Marketing & Advertising

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burleson
    County
    Johnson
    State
    Texas
    Longitude
    -97.3061
    Latitude
    32.5389

    Nearby Similar for Sale

    • $749,900

      Versatile Commercial Building Near Burleson

      6,000 SF building near Burleson, Mansfield, Fort Worth, Alvarado.
      5321 E Fm 1187, Burleson, TX 76028
      View Details
    • $980,000

      Burleson Commercial Space For Sale

      Commercial space on 0.75 acres in high-traffic area.
      120 NW Newton Drive, Burleson, TX 76028
      View Details
    • $395,000

      Unimproved Land with Panoramic Views

      3.26 acres of commercial land with panoramic views.
      397 Clubhouse Drive, Burleson, TX 76028
      View Details
    • $395,000

      3.26 Acres Land with Panoramic Views

      Unimproved land with commercial zoning and potential for various ventures.
      397 Clubhouse Drive, Burleson, TX 76058
      View Details
    • $800,000

      Commercial Land with Office Buildings

      4 acres on I-35 with road frontage and office spaces.
      1060 S Burleson Boulevard, Burleson, TX 76028
      View Details
    • $345,000

      Commercial Land in Old Town

      Prime commercial land near downtown Burleson with redevelopment potential.
      213 W Eldred Street, Burleson, TX 76028
      View Details
    • $410,000

      Burleson Land Development Opportunity

      0.301-acre property in Old Town Burleson, ideal for redevelopment.
      201 S Lawson Street, Burleson, TX 76028
      View Details
    • $345,000

      Commercial Land in Old Town

      Prime property near downtown Burleson with commercial potential.
      213 W Eldred Street, Burleson, TX 76028
      View Details
    • $895,000

      Burleson Commercial Property on FM 1187

      4,160 SF building on 1.08 acres with working bays.
      4690 E Fm 1187, Burleson, TX 76028
      View Details
    • $1,200,000

      Versatile Building in Burleson, TX

      Updated 7,100 sq ft building near I-35 and Old Town.
      116 N Clark Street, Burleson, TX 76028
      View Details
    • $625,000
      3,485 SF

      New Duplex in Burleson, TX

      New duplex in high-demand rental market with strong investment potential.
      3501 E Renfro Street, Burleson, TX 76028
      View Details
    • $489,000
      3,239 SF

      New Duplex Near Old Town

      New construction duplex in walkable Burleson location with strong rental potential.
      333 N Field Street, Burleson, TX 76028
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land with high visibility and utilities on-site.
    Where is this land located?
    The property is located at 444 E Renfro St Burleson, TX.
    What are key features of this property?
    This property features: High‑traffic location: 71,000 vehicles per day (VPD) on I‑35; Excellent visibility: Frontage on E Renfro, visible from I‑35; Zoned Planned Development: All sites are zoned Planned Development
    (817) 813-5637 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Casey Borgers
    Casey Borgers
    Real Estate License ID: 440397
    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
    444 E Renfro St, Burleson, TX
    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!