Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2929 W Euless Blvd Euless, TX 76040

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

    2.27 acre commercial lot for sale in Euless, TX.

    Type:Land
    Lot size:
    2.27 Acres
    Added:
    Oct 22, 2024
    Days on Market:
    551
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 2929 W Euless Blvd

    General Information

    Standard status
    Active
    Lot size
    2.27 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Cameron Mai

    Listing agent Cameron Mai License #TX 619991

    Listing office Texas Retail Services

    Listing date Oct 22, 2024

    Source Crexi

    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 Texas Retail Services

    Overview

    Commercial Lot For Sale

    This 2.27-acre commercial lot is available for sale. The property is located adjacent to a Jack in the Box. It is zoned TX-10, which allows for a broad range of uses, including office, retail, warehousing, automotive repair and service shops, and fabrication assembly. The site offers excellent exposure and easy access. Note that Jack In The Box has a restriction of operation of any drive through fast food restaurant whose primary menu item is hamburgers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Euless
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1334352
    Latitude
    32.8160573

    Nearby Similar for Sale

    • $2,500,000

      Euless Multifamily Investment Opportunity

      24-unit apartment complex in Euless, TX, near DFW Airport.
      150 S Main Street, Euless, TX 76040
      View Details
    • $975,000

      Freestanding Retail Building in Euless

      Freestanding former restaurant with high visibility and open floorplan.
      3008 Euless Boulevard, Euless, TX 76040
      View Details
    • $799,000

      Euless Commercial Building For Sale

      Commercial building ideal for various businesses in a central location.
      1203 Raider Dr, Euless, TX, 76040-6238
      View Details
    • $975,000

      Freestanding Restaurant Opportunity in Euless

      Freestanding former restaurant with high visibility and ample parking.
      3008 W Euless Blvd, Euless, TX, 76040-6622
      View Details
    • Contact for pricing

      Euless Commercial Land For Sale

      0.73-acre parcel with highway access near DFW Airport.
      441 Airport Fwy, Euless, TX 76040
      View Details
    • $3,975,000
      68,258 SF

      Euless Warehouse with Office Space

      60,202 SF warehouse with 5,000 SF office area.
      13108 Euless St, Euless, TX
      View Details
    • $795,000

      Euless Land Near Airport

      0.73-acre commercial land with highway access near DFW Airport.
      441 Airport Fwy, Euless, TX
      View Details
    • Contact for pricing

      Waterfront Land in Euless, Texas

      1.459 AC waterfront property in master-planned community for sale.
      1000 Founders Pkwy, Euless, TX
      View Details
    • Contact for pricing
      2 SF

      Industrial Land For Sale

      Two acre light industrial land available for sale or build-to-suit.
      2245 Regal Parkway | Euless, TX 76040, TX 76040
      View Details
    • Contact for pricing
      2,997 SF

      Restaurant Space with Drive Thru

      Second-generation restaurant space with drive-thru, grease trap, and vent-a-hood.
      205 W Airport Fwy, Euless, TX
      View Details
    • Contact for pricing

      Development Opportunity | Optimal Location

      Prime land for development in an optimal location.
      12665 Calloway Cemetery Rd, Euless, TX 76040
      View Details
    • Contact for pricing

      Prime Commercial Pad Site Available

      1.41-acre pad site with high traffic and utilities.
      13000 Trinity Blvd, Euless, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.27 acre commercial lot for sale in Euless, TX.
    Where is this commercial land located?
    The property is located at 2929 W Euless Blvd Euless, TX.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: 2.27 acres commercial lot for sale.; Located in TX‑10 zoning allowing for a broad range of uses (office, retail, warehousing, automotive).; **Excellent exposure and easy access.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cameron Mai
    Real Estate License ID: TX 619991
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!