Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4 Fm 1173 Krum, TX 76249

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4 Fm 1173 Krum, TX 76249

    View on Map
    • Commercial real estate
    • 1.23 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4 Fm 1173

    Lot size
    1.23 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.23-acre commercial lot presents a remarkable investment opportunity in the thriving town of Krum, Texas. Located at Lot 4 Fm 1173, this property offers significant potential for a variety of commercial ventures. The strategic location provides excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in a growing community. A key advantage is the availability of city water and city sewer connections on-site, simplifying development and reducing infrastructure costs. This eliminates the need for costly well and septic system installations, streamlining the development process and potentially saving significant time and expense. Prospective buyers are encouraged to conduct their own due diligence to verify all information and measurements provided. The property is being offered at $600,000, representing a compelling value proposition given its size, location, and utility access. This is a rare chance to acquire a prime commercial parcel in a dynamic market, ready for immediate development or future investment. Don't miss this opportunity to establish your business in a vibrant and expanding area. All information is believed to be accurate but is not guaranteed

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Krum
    County
    Denton
    State
    Texas
    Longitude
    -97.2801
    Latitude
    33.2661

    Comparable in this City

    • Value Estimation by Request
      0.22 Acres

      Krum, TX 76249

      COMMERCIAL (GENERAL) • 0.22 Acres
      Krum, TX 76249
      View Details
    • Value Estimation by Request
      0.27 Acres

      Krum, TX 76249

      COMMERCIAL (GENERAL) • 0.27 Acres
      Krum, TX 76249
      View Details
    • Value Estimation by Request
      1.72 Acres

      Krum, TX 76249

      COMMERCIAL (GENERAL) • 1.72 Acres
      Krum, TX 76249
      View Details
    • Value Estimation by Request
      0.17 Acres

      Fm 156

      COMMERCIAL (GENERAL) • 0.17 Acres
      Fm 156, Krum, TX 76249
      View Details
    • Value Estimation by Request
      0.36 Acres

      Fm 156

      COMMERCIAL (GENERAL) • 0.36 Acres
      Fm 156, Krum, TX 76249
      View Details
    • Value Estimation by Request
      2.00 Acres

      13625 Jackson Rd

      COMMERCIAL (GENERAL) • 2.00 Acres
      13625 Jackson Rd, Krum, TX 76249
      View Details

    Similar Nearby for Sale

    • $374,900
      2.51 Acres

      Vacant Lot Near Highway

      Spacious 2.5-acre vacant lot suitable for residential development.
      US-380 W, Krum, TX 76249
      View Details
    • $4,350,000
      42.70 Acres

      Krum, TX Unimproved Land

      42-acre property with equestrian facilities and residential home near Denton.
      Tbd Mitchell Rd, Krum, TX 76249
      View Details
    • $600,000
      4.99 Acres

      Krum, TX 4.98-Acre Land

      4.98 acres in Krum, TX, minutes from schools.
      Tbd Hopkins Rd, Krum, TX 76249
      View Details
    • $499,000
      12.00 Acres

      Residential Land in Krum, Texas

      Residential-zoned land with pasture, pond, and loafing shed.
      2752 Branch Rd, Krum, TX 76249
      View Details
    • $500,000
      0.34 Acres

      Krum, TX Corner Lot

      0.344-acre corner lot with high visibility in Krum, TX.
      W Mccart St, Krum, TX 76249
      View Details
    • $1,900,000
      2,400 SF

      Krum Horse Property with Arena

      26.48 acre horse property with custom home and arena.
      13435 Jackson Rd, Krum, TX 76249
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Industrial Business Park Space

      New industrial/business park with divisible spaces for lease.
      16580 Us Highway 380, Krum, TX 76249
      View Details
    • Contact for pricing

      Industrial Suites on US Highway

      Industrial and commercial suites available for rent in Krum, TX.
      15076 Us Highway 380, Krum, TX 76249
      View Details
    • Contact for pricing
      269,600 SF

      Krum Warehouse Space Available

      269,600 square foot warehouse space for lease in Krum, TX.
      2101 Fm 1173, Krum, TX 76249
      View Details
    • $9 SF/Yr
      2,950 SF

      Krum Warehouse Space Available

      2,950 square feet of warehouse space for lease.
      15060 Us Highway 380, Krum, TX 76249
      View Details
    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.
    4 Fm 1173
    Krum, TX 76249
    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

    4 Fm 1173, Krum, TX, 76249

    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!