Sign Up Successful!
You now have access to more from Realmo!
    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

    11490 Willow Springs Rd Haslet, TX 76052

    Sponsored
    For Sale
    Contact for pricing

    Prime commercial land, high-growth area, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    409
    This exceptional 9.6-acre commercial land parcel presents a remarkable opportunity for development in the thriving Haslet, Texas market. Located at 11490 Willow Springs Rd, in Tarrant County, zip code 76052, this property boasts approximately 610 feet of frontage along Willow Springs Road, ensuring high visibility and accessibility. The site is zoned AG - Agricultural, offering flexibility for a variety of commercial uses. Situated within the highly desirable Northwest Independent School District, this location benefits from a strong community and excellent schools. All utilities are readily available, simplifying the development process. This property is ideally positioned to capitalize on the significant growth experienced in the northwest Fort Worth area. The expansive lot size provides ample space for a variety of commercial projects, making it an attractive investment for developers seeking a prime location with excellent potential for return. Contact us today to discuss pricing and explore the possibilities this exceptional property offers.

    Property Features for 11490 Willow Springs Rd

    General Information

    Property type
    Land
    Lot Size
    418,176 SF

    We can help!

    Listing Contact
    Brad Cruickshank

    Learn more

    HighLights

    • All utilities available.
    • AG (Agricultural) zoning.
    • ±610' frontage on Willow Springs Rd.
    • Located in the highly sought‑after Northwest ISD.
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Haslet
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3912647
    Latitude
    32.9355954

    Nearby Comparable

    • $1,600,000
      5.00 Acres

      Unrestricted 5-Acre Land Opportunity

      Versatile 5-acre property with custom home and no restrictions.
      11348 Willow Springs Rd, Haslet, TX 76052
      View Details
    • Contact for pricing

      Development Tract in Haslet, Texas

      25.8650-acre development tract ideal for commercial, residential, or mixed-use.
      11996 Willow Springs Rd, Haslet, TX 76052
      View Details
    • Contact for pricing
      21.07 Acres

      Haslet Land: 21 Acres ETJ

      Prime 21-acre tract, ideal mixed-use development.
      1838 Bonds Rnch Rd, Haslet, TX 76052
      View Details
    • $13,767,138

      Land For Sale

      Land available for purchase.
      1737 W Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • $795,000
      1.38 Acres

      Highway Frontage Land in Fort Worth

      1.38 acre commercial land with highway frontage in Fort Worth.
      11450 Highway 287 NW, Haslet, TX 76052
      View Details
    • Contact for pricing
      8,872 SF

      Prime Fort Worth Medical Office

      8,872 SF, 10-Year NNN Lease, High NOI
      516 Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      7,514 SF

      Fort Worth Office Building For Sale

      Office building with long-term tenants in a growing area.
      512 W Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      8,889 SF

      New Fort Worth NNN Property

      Single-tenant, triple-net leased property in fast-growing Fort Worth, Texas.
      516 W Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing

      Land with Dock Platforms

      Land featuring two dock platforms and electric entry gates.
      1732 E Hicks Field Rd, Fort Worth, TX 76179
      View Details
    • Contact for pricing
      15,000 SF

      Fort Worth Industrial Warehouse

      15,000 SF warehouse on 9.6 acres in Fort Worth.
      1815 E Hicks Field Rd, Fort Worth, TX 76179
      View Details
    • Contact for pricing
      2.62 Acres

      Fort Worth Industrial Land Tract

      2.62 Acres, Prime Location, ETJ Zoning
      2701 Blue Mound Rd, Fort Worth, TX 76179
      View Details

    Nearby Similar for Sale

    • New
      $1,237,500
      3,666 SF

      Luxury Home on 10 Acres

      Spacious 4-bedroom home with pool, shop, and outdoor kitchen.
      13340 John Day Rd, Haslet, TX 76052
      View Details
    • $9,103,000
      4,853 SF

      New 7-Eleven with Corporate Lease

      New construction 7-Eleven with 15-year corporate lease near Kroger.
      14900 Sendera Ranch Blvd, Haslet, TX 76052
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land, high-growth area, excellent visibility.
    Where is this land located?
    The property is located at 11490 Willow Springs Rd Haslet, TX.
    What are key features of this property?
    This property features: All utilities available.; AG (Agricultural) zoning.; ±610' frontage on Willow Springs Rd.
    Request Owner's contact information
    11490 Willow Springs Rd Haslet, TX 76052
    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.
    11490 Willow Springs Rd
    Haslet, TX 76052
    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
    11490 Willow Springs Rd Haslet, TX 76052
    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

    We can help!
    Listing Contact
    Brad Cruickshank
    Real Estate License ID: TX 434937
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.