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    Multi-Tenant Retail Center Forney, Texas Title is generated by Realmo AI

    724 E US Hwy 80, Forney, TX 75126

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    For Sale
    $13,964,000

    26,330 SF retail center in high-traffic Forney, Texas.

    Type:Shopping Strip
    Property size:
    26,330 SF
    Lot size:
    3.06 Acres
    Price / SF:
    $530/SF
    Added:
    Apr 3, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 3 at 5:19 am

    Property Features for 724 E US Hwy 80

    General Information

    Standard status
    Active
    Size
    26,330 SF
    Lot size
    3.06 Acres
    Property subtype
    Shopping Strip

    Building Details

    Year Built
    2011

    We can help!

    Listing Contact
    Philip Levy
    Philip Levy

    Listing agent Philip Levy License #TX: 0522087

    Listing office Dallas Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    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 Dallas Office

    HighLights

    • 100% leased multi‑tenant retail center with long‑term, established tenants.
    • Located in the high‑traffic intersection of FM 548 and Highway 80 in Forney, Texas, with over 80,600 vehicles per day.
    • Strong tenant mix of national, regional, and local retailers.
    • Located in a dense retail trade area surrounded by numerous national and regional tenants.
    • Close proximity to major employers, including an Amazon warehouse and Goodyear Logistics Center.
    • Built in 2011 on a 3.06‑acre parcel with ample concrete parking.

    Overview

    This multi-tenant retail center, constructed in 2011, offers 26,330 square feet of space and is situated on a 3.06-acre parcel with concrete parking. The property is currently 100 percent leased to a mix of national, regional, and local retailers. Tenants include Action Behavior Center, Cristina's Fine Mexican Restaurant, Leslie's Pool Supplies, Ideal Dental, Tokyo Harbor, Belle Nolia Nails, and a donut shop. The property benefits from its location in the area’s major retail trade area at the intersection of FM 548 and Highway 80, with traffic counts exceeding 80,600 vehicles per day. The surrounding area features a dense retail environment with national and regional tenants such as Walmart, Lowe’s, Kroger, Kohl's, AMC Theatres, Walgreens, CVS Pharmacy, O’Reilly Auto Parts, Starbucks, Chick-fil-A, Chili’s, ALDI, Golden Chick, Panera Bread, Smoothie King, Dollar General, and Brookshire’s. An Amazon warehouse and distribution center and Goodyear Logistics Center are located approximately three miles southeast of the property.
    Location Intelligence

    Current Use by Public Records

    Leslie's (Bike/Boat/Book/etc) Store Dr. Paul Pham Dental Office Dr. Nicholas Breig Dental Office Icy Cuts Barber Shop Cheeky Chique Boutique Clothing Store

    Suggested Use

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

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

    Similar Places Nearby

    • City Plaza — 783 e us hwy 80, forney, tx 75126
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Dallas, 500 Marketplace Blvd, Forney, TX 75126, United States
    • Shoppes at Forney Crossing — 1010 Farm to Market 548, Forney, TX 75126
    • City Plaza Forney — 101 N Farm to Market 548, Forney, TX 75126
    • Coinstar Kiosk Bitcoin Enabled — kroger - dallas, 500 marketplace blvd, forney, tx 75126

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.465297
    Latitude
    32.744174

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    FAQs

    What type of property is this?
    Shopping center - 26,330 SF retail center in high-traffic Forney, Texas.
    Where is this shopping center located?
    The property is located at 724 E US Hwy 80 Forney, TX.
    What is the asking price?
    The asking price for this property is $13,964,000.
    What are key features of this property?
    This property features: 100% leased multi‑tenant retail center with long‑term, established tenants.; Located in the **high‑traffic intersection** of FM 548 and Highway 80 in Forney, Texas, with over 80,600 vehicles per day.; **Strong tenant mix** of national, regional, and local retailers.
    (972) 755-5225
    We can help!
    Listing Contact
    Philip Levy
    Philip Levy
    Real Estate License ID: TX: 0522087
    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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