Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Property Available For Rent Title is generated by Realmo AI

    8721 South Interstate 35 West, Alvarado, TX 76009

    View on Map
    Claim this Listing
    For Lease
    $11 SF/Yr

    Commercial property available for rent.

    Type:Industrial
    Added:
    May 17, 2026
    Days on Market:
    18
    Last Refresh:
    May 17 at 9:20 pm

    Property Features for 8721 South Interstate 35 West

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    2020

    Spaces For Lease

    at 8721 South Interstate 35 West Contact us

    We can help!

    Listing Contact
    J.P. Humphrey III

    Listing agent J.P. Humphrey III

    Listing office Advisors Commercial Real Estate

    Listing date May 17, 2026

    Source Commercialcafe

    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 Advisors Commercial Real Estate

    HighLights

    • Commercial property available for rent.
    • Year Built: 2020

    Overview

    This commercial property, located at 8721 South Interstate 35 West in Alvarado, Texas, is available for rent. The property is classified as a specialty property and other specialty property.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Storage Facility Discount Store Grocery & Convenience Store Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.209283
    Latitude
    32.390779

    Nearby Similar for Lease

    • $1,850/Mo
      2,655 SF

      Remodeled Commercial Space with Visibility

      Fully remodeled space with private restrooms, kitchenette, and strong road exposure for a wide range of client-facing uses.
      6033 S Highway 67 S, Alvarado, TX 76009
      View Details
    • $1,500/Mo

      Visible Office Suite with Restroom

      Utilities are paid and the space is set up for two offices, a break room, and a restroom, ideal for small businesses.
      202 N Parkway Drive, Alvarado, TX 76009
      View Details
    • $2,500/Mo

      Remodeled Retail or Office Space

      Remodeled interior offers flexible retail or office use with dedicated storage and a two-car garage.
      6132 S Interstate 35 W, Alvarado, TX 76009
      View Details
    • $2,400/Mo

      Truck Terminal with Office Suites

      Two rentable suites with office space and 18-wheeler accessible bays, supported by a large 18-wheeler parking lot.
      8224 I 35W Frontage Road, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      5,000 SF

      Industrial Space Near Highways

      Move-in ready industrial suites with highway access.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • $1,500/Mo
      550 SF

      Alvarado Office/Retail Space For Rent

      550 SF office/retail space with utilities included in Alvarado.
      202 N Parkway Drive, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      52,000 SF

      Industrial Suites Near Highways

      Move-in ready industrial suites with highway access and ample parking.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      52,000 SF

      Industrial Space Near Highways 287/360

      Move-in ready industrial suites with highway access and overhead doors.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      52,000 SF

      Industrial Suites Near Highways

      Move-in ready industrial suites with highway access and ample parking.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      52,000 SF

      Industrial Suites Near Highways 287/360

      Move-in ready industrial suites with highway access and flexible uses.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • $2,500/Mo
      2,342 SF

      Remodeled Retail or Office Space

      Remodeled property on I35W, suitable for retail or office.
      6132 S Interstate 35 W, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      52,000 SF

      Industrial Space Near Major Highways

      Move-in ready industrial suites with highway access.
      4632 County Road 617, Alvarado, TX 76009
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for rent.
    Where is this specialty property located?
    The property is located at 8721 South Interstate 35 West Alvarado, TX.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Commercial property available for rent.; Year Built: 2020
    We can help!
    Listing Contact
    J.P. Humphrey III
    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
    8721 South Interstate 35 West, Alvarado, TX 76009
    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!