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

    SH 78 & Hooper Road Sachse, TX 75048

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

    Tract with frontage on SH 78 in Sachse, Texas.

    Type:Land
    Added:
    Aug 1, 2019
    Days on Market:
    2460
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for SH 78 & Hooper Road

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Michael Ytem

    Listing agent Michael Ytem License #TX 625032

    Listing office Younger Partners

    Listing date Aug 1, 2019

    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 Younger Partners

    Overview

    Development Opportunity on SH 78

    This tract presents a development opportunity and is priced below market value. It features significant frontage on SH 78, a primary connector to major thoroughfares including the President George Bush Turnpike, FM 544, SH 205, and US 380. The surrounding area is characterized by both residential and commercial development. Area retailers include Walmart, LA Fitness, and Spec's Liquors.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sachse
    County
    Dallas
    State
    Texas
    Longitude
    -96.5785
    Latitude
    32.9674

    Nearby Similar for Sale

    • $1,250,000

      Land on Highly Traveled Road

      Unimproved land in Sachse, TX, near housing developments.
      4500 Miles Road, Sachse, TX 75048
      View Details
    • $339,999
      1,968 SF

      Well-Maintained Duplex in Sachse, TX

      Income-generating duplex with 2 bedrooms, 2 baths, and 1-car garage.
      4007 William Street, Sachse, TX 75048
      View Details
    • $339,999

      Leased Duplex Investment Opportunity

      Fully leased duplex in Sachse, TX, generating immediate rental income.
      4023 William Street, Sachse, TX 75048
      View Details
    • $419,000

      Sachse, TX Unimproved Land

      One acre of land suitable for custom home or business.
      2430 Pleasant Valley Road, Sachse, TX 75048
      View Details
    • $165,000

      Vacant Land in Sachse, Texas

      Prime vacant lot ready for residential or investment purposes.
      3324 Salmon Street, Sachse, TX 75048
      View Details
    • $1,250,000

      Secluded 5.91-Acre Lot in Sachse

      Spacious, private land perfect for a custom dream home.
      1407 Ponderosa Trail, Sachse, TX 75048
      View Details
    • $1,599,000

      Lakefront Property with Barn-Shop

      7.76 acre lakefront property with a 3,082 sqft residence.
      6800 Eastview Drive, Sachse, TX 75048
      View Details
    • $2,500,000
      13,041 SF

      Turnkey Childcare Facility in Sachse

      Purpose-built childcare center in premier DFW location for sale.
      4415 Sachse Rd, Sachse, TX 75048
      View Details
    • $1,145,000

      Commercial Land on Highway 78

      Unimproved land with high visibility and commercial zoning.
      6910 State Hwy 78, Sachse, TX 75048
      View Details
    • $360,000
      1,712 SF

      Sachse Duplex with Fenced Yards

      Full duplex in Sachse, TX, with leases in place.
      5413 Brookhollow Drive, Sachse, TX 75048
      View Details
    • $11,262,000
      18,040 SF

      Sachse Retail Investment Opportunity

      Fully occupied retail property in The Station master-planned development.
      5421 The Sta Blvd, Sachse, TX 75048
      View Details
    • $3,809,053
      3,005 SF

      Hat Creek Burger NNN Asset

      NNN leased Hat Creek Burger with 14+ years remaining.
      7700 S State Hwy 78, Sachse, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - Tract with frontage on SH 78 in Sachse, Texas.
    Where is this commercial land located?
    The property is located at SH 78 & Hooper Road Sachse, TX.
    What are key features of this property?
    This property features: Priced below market, representing a tremendous development opportunity.; Significant frontage on SH 78, a primary connector to major thoroughfares.; Strong residential and commercial development in the immediate area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michael Ytem
    Real Estate License ID: TX 625032
    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!