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

    1407 Hwy. 156 Haslet, TX 76052

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

    3.1 acres of land available for sale.

    Type:Land
    Lot size:
    3.10 Acres
    Added:
    Jan 23, 2024
    Days on Market:
    822
    Last Refresh:
    Mar 17 at 1:25 pm

    Property Features for 1407 Hwy. 156

    General Information

    Standard status
    Active
    Lot size
    3.10 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jon McDaniel

    Listing agent Jon McDaniel License #TX 552186

    Listing office NAI Robert Lynn Fort Worth

    Listing date Jan 23, 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 NAI Robert Lynn Fort Worth

    Overview

    3.1 Acres of Land

    This property features 3.1 acres of land.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Gym & Fitness Center Nail Salon Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Haslet
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3578
    Latitude
    32.9642

    Nearby Similar for Sale

    • $674,900

      Commercial Land in Haslet, TX

      1.28 acres of commercial land on major street.
      1404 Fm 156 S, Haslet, TX 76052
      View Details
    • $674,900

      Commercial Land in Haslet, TX

      1.28-acre commercial land for development in Haslet, Texas.
      1404 Fm 156 S, Haslet, TX 76052
      View Details
    • $795,000

      Highway Frontage Land in Fort Worth

      1.38 acre commercial land with highway frontage in Fort Worth.
      11450 NW Highway 287, Fort Worth, TX 76052
      View Details
    • $578,000
      2,091 SF

      Versatile 4+ Acre Gated Property

      Unrestricted land with two mobile homes, ideal for commercial ventures.
      14641 Songbird Lane, Haslet, TX 76052
      View Details
    • $1,150,000
      3,666 SF

      Haslet Farm/Ranch with Luxury Home

      Luxury home on 10 acres near HWY 114 and I-35.
      13340 John Day Road, Haslet, TX 76052
      View Details
    • $1,000,000

      Unimproved Land in Haslet, TX

      Approximately 1 acre of land for sale in Haslet.
      888 Harmon Road, Haslet, TX 76177
      View Details
    • $575,000

      Haslet Land with Development Potential

      Nearly 3 acres in Haslet, TX, with development potential.
      521 Blue Mound Road E, Haslet, TX 76052
      View Details
    • $500,000

      Land Tract in Haslet, TX

      1.68-acre land tract offered for sale in Haslet, TX.
      740 Harmon Road, Haslet, TX 76177
      View Details
    • $550,000

      Haslet Land with Shop

      4.85 acre tract with shop in Haslet, Texas.
      15193 Robin Road, Haslet, TX 76052
      View Details
    • $2,090,000

      Unimproved Land in Haslet, Texas

      8.69 acres of land for sale in Haslet, Texas.
      410 Harmon Road, Haslet, TX 76177
      View Details
    • $749,000

      Remodeled Cottage on Ranch Land

      Four-bedroom home on almost three acres, potential income property.
      10817 Ridge Country Court, Haslet, TX 76052
      View Details
    • $2,820,000

      Unimproved Land in Haslet, Texas

      Two parcels totaling approximately 12.38 acres in Haslet, Texas.
      405 Harmon Road, Haslet, TX 76177
      View Details

    FAQs

    What type of property is this?
    Land - 3.1 acres of land available for sale.
    Where is this land located?
    The property is located at 1407 Hwy. 156 Haslet, TX.
    What are key features of this property?
    This property features: 3.1 acres of land
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jon McDaniel
    Real Estate License ID: TX 552186
    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!