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

    NWC Chisholm Trl and Wall Price Rd, Keller, TX

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

    Land located in the South Central portion of Keller, Texas.

    Type:LAND
    Lot size:
    4.46 Acres
    Added:
    Mar 17, 2025
    Days on Market:
    432
    Last Refresh:
    Apr 5 at 10:43 pm

    Property Features for NWC Chisholm Trl and Wall Price Rd

    General Information

    Standard status
    Active
    Lot size
    4.46 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Wayne Burgdorf

    Listing agent Wayne Burgdorf License #0359895

    Listing office SVN | Trinity Advisors

    Listing date Mar 17, 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 SVN | Trinity Advisors

    HighLights

    • Prime location in Keller, a rapidly growing city within the Dallas/Fort Worth Metroplex.
    • Close proximity to D/FW Airport and Alliance Airport.
    • Located West of US Highway 377.
    • Keller is situated in the South Central portion of the city of Keller.
    • Access to a large employment base with approximately 4,000,000 people living and working within 30 miles.
    • D/FW Metroplex is a major economic hub with numerous Fortune 500 headquarters.

    Overview

    The property is located in the South Central portion of the city of Keller, west of US Highway 377. Keller is situated in the Dallas/Fort Worth Metroplex, which is considered a market hub. The Dallas/Fort Worth area is consistently one of the top five growth areas in the nation each year, with over 100 Fortune 500 headquarters and regional headquarters. Keller is located minutes from the Dallas/Fort Worth Airport, as well as Alliance Airport. Approximately 4,000,000 people live and work within 30 miles of Keller.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Keller
    County
    Denton
    State
    Texas
    Longitude
    -97.2786
    Latitude
    32.9347

    Nearby Similar for Sale

    • $3,250,000
      8,655 SF

      Prime Office Building on Parkway

      Single-story office building with high visibility and functional layout.
      1727 Keller Parkway, Keller, TX 76248
      View Details
    • $1,075,000

      Keller, TX Commercial Land For Sale

      Prime commercial land in Keller Town Center overlay.
      1001 Bear Creek Parkway, Keller, TX 76248
      View Details
    • $3,500,000

      Retail Opportunity in Keller, TX

      Retail space for sale in Keller, Texas.
      204 S Main Street, Keller, TX 76248
      View Details
    • $238,800

      Prime Land in Old Town

      0.12-acre lot in Old Town Keller for commercial/residential development.
      133 Minnie, Keller, TX 76248
      View Details
    • $238,800

      Old Town Keller Development Lot

      0.12-acre lot in a vibrant, walkable community.
      133 Minnie, Keller, TX 76248
      View Details
    • $599,000

      Residential Land in Established Neighborhood

      Vacant lot ready for custom home in Keller, Texas.
      16 Marvin Drive, Keller, TX 76262
      View Details
    • $1,025,000

      Prime Land with Commercial Potential

      3+ acre tract with frontage road access in Keller, TX.
      8713 Davis Boulevard, Keller, TX 76248
      View Details
    • $2,375,000

      Retail Zoned Property in Keller

      Retail zoned property with parking and immediate occupancy potential.
      200 Meadowlands Boulevard, Keller, TX 76248
      View Details
    • $600,000

      Exceptional Homesite in Limerick Estates

      0.75-acre treed lot in Keller, build your dream home.
      1464 Limerick Court, Keller, TX 76262
      View Details
    • $670,000

      Heavily Treed Lot in Keller

      0.78-acre lot for custom home in desirable Keller location.
      2101 Fawkes Lane, Keller, TX 76262
      View Details
    • $435,700

      Retail Zoned Land in Keller

      1.053 acre retail zoned land with parking spaces.
      781 Keller Parkway, Keller, TX 76248
      View Details
    • $189,900

      Residential Land in North Keller

      Unimproved lot in established neighborhood near corporate campuses.
      1744 Highland Drive W, Keller, TX 76262
      View Details

    FAQs

    What type of property is this?
    Land - Land located in the South Central portion of Keller, Texas.
    Where is this land located?
    The property is located at NWC Chisholm Trl and Wall Price Rd Keller, TX.
    What is the asking price?
    The asking price for this property is $973,130.
    What are key features of this property?
    This property features: Prime location in Keller, a rapidly growing city within the Dallas/Fort Worth Metroplex.; Close proximity to D/FW Airport and Alliance Airport.; Located West of US Highway 377.
    (817) 726-8586 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Wayne Burgdorf
    Real Estate License ID: 0359895
    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
    NWC Chisholm Trl and Wall Price Rd, Keller, 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!