Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Available in Benbrook, TX Title is generated by Realmo AI

    8509 US-377, Benbrook, TX 76035

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land for sale at 8509 US-377, Benbrook, TX.

    Type:LAND
    Lot size:
    1.02 Acres
    Added:
    Apr 11, 2025
    Days on Market:
    415
    Last Refresh:
    May 20 at 8:15 pm

    Property Features for 8509 US-377

    General Information

    Standard status
    Active
    Lot size
    1.02 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Michelle Caplan
    Michelle Caplan

    Listing agent Michelle Caplan License #TX#464232

    Listing office The Weitzman Group | Dallas

    Listing date Apr 11, 2025

    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 The Weitzman Group | Dallas

    HighLights

    • Land for sale
    • Located at 8509 US‑377, Benbrook, TX

    Overview

    Located at 8509 US-377 in Benbrook, Texas, this property is classified as land and other land, and is available for sale.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Dental Office Building Supply Big Box & Wholesale Store Hotel & Motel Department Store Skin Care Clinic Auto Repair Shop Food Market Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Benbrook
    County
    Tarrant
    State
    Texas
    Longitude
    -97.6248
    Latitude
    32.5238

    Nearby Similar for Sale

    • $525,000

      Benbrook Office Building For Sale

      Office building in Benbrook, TX with long-term tenant.
      3451 Boston Avenue, Benbrook, TX 76116
      View Details
    • $15,500,000

      Prime Acres in Benbrook, TX

      33.42 acres in high-traffic area with road frontage.
      8051 Loop 820, Benbrook, TX 76126
      View Details
    • $2,850,000

      La Cantera Homesite Opportunity

      5.73-acre homesite in La Cantera community with creek access.
      8317 Marys Creek Drive, Benbrook, TX 76116
      View Details
    • $220,000

      Benbrook Homesite Ready For Building

      0.43-acre lot in established residential area with city utilities.
      738 Sterling Drive, Benbrook, TX 76126
      View Details
    • $115,000

      Benbrook Land Parcel with Utilities

      Residential land in Benbrook, TX, with mature trees and utilities.
      1023 Bryant Street, Benbrook, TX 76126
      View Details
    • $150,000

      Homesite in Whitestone Heights Community

      Homesite in Whitestone Heights; build on your timeline.
      11025 Hawkins Home Boulevard, Benbrook, TX 76126
      View Details
    • $165,000

      Land For Sale Benbrook, TX

      Land available in Benbrook, Texas.
      773 Sterling Drive, Benbrook, TX 76126
      View Details
    • $165,000

      Land For Sale Benbrook, TX

      Land available in Benbrook, Texas.
      789 Sterling Drive, Benbrook, TX 76126
      View Details
    • $75,000

      Residential Land in Mont Del Estates

      Unimproved lot in established Mont Del Estates neighborhood.
      7 Legend Road, Benbrook, TX 76132
      View Details
    • Contact for pricing
      3,040 SF

      Retail Space in Benbrook

      Retail space available in high-traffic Benbrook corridor.
      8509 BENBROOK BOULEVARD, Benbrook, TX 76126
      View Details
    • $3,011,000
      8,942 SF

      Medical Office Investment Opportunity

      Fully leased medical office building in Benbrook, Texas for sale.
      114 Sproles Dr, Benbrook, TX 76126
      View Details
    • $425,000
      616 SF

      Retail Opportunity in Benbrook

      Retail space available for sale in Benbrook, Texas.
      7385 W Vickery Boulevard, Benbrook, TX 76116
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale at 8509 US-377, Benbrook, TX.
    Where is this land located?
    The property is located at 8509 US-377 Benbrook, TX.
    What are key features of this property?
    This property features: Land for sale; Located at 8509 US‑377, Benbrook, TX
    (214) 207-3222 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michelle Caplan
    Michelle Caplan
    Real Estate License ID: TX#464232
    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
    8509 US-377, Benbrook, 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!