Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    107-113 Larson Ln Aledo, TX 76008
    Property profile & analytics

    107-113 Larson Ln, Aledo, TX 76008

    View on Map
    • Office Spaces
    • 10,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 107-113 Larson Ln

    Year built
    2008
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 10,000 square foot Class B medical office building, constructed in 2008, presents a unique opportunity in Aledo, Texas. Situated on a 2.49-acre lot at the southwest corner of FM 1187 and FM 5, this single-tenant property offers immediate visibility and accessibility. The building is currently configured for a single tenant, with a minimum leasable space of 3,000 square feet and a maximum contiguous space of 5,000 square feet. However, there's significant potential for expansion. Two existing 5,000 square foot buildings are currently on site. For those seeking a larger footprint or a tailored solution, build-to-suit options are available for lease or sale on the adjacent land, allowing for up to an additional 5,000 square feet of custom-designed space. The property boasts convenient parking, with existing infrastructure already in place. Its strategic location across from McAnally Intermediate School provides high visibility and easy access for patients and staff. This property is ideal for medical practices seeking a well-established, easily accessible location in a thriving community. The property's Parker County location and convenient access to major roadways make it an attractive option for businesses seeking a strong presence in the Aledo area. The property's single-tenant configuration offers a streamlined and efficient operational environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aledo
    County
    Parker
    State
    Texas
    Longitude
    -97.6017
    Latitude
    32.6852

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      270 Willow Bnd Dr

      Restaurants
      270 Willow Bnd Dr, Willow Park, TX 76008
      View Details
    • Value Estimation by Request

      Highland Hls Dr

      Office Units
      0 Highland Hls Dr, Aledo, TX 76008
      View Details
    • Value Estimation by Request
      25,000 SF

      000 Broadway Aledo Tx

      Office Units
      000 Broadway Aledo Tx, Aledo, TX 76008
      View Details
    • Value Estimation by Request

      709 Fm 1187

      Restaurants
      709 Fm 1187, Aledo, TX 76008
      View Details
    • Value Estimation
      $9,990,000
      46,912 SF

      200 Bailey Rnch Rd

      OFFICE (GENERAL)
      200 Bailey Rnch Rd, Aledo, TX 76008-3222
      View Details
    • Value Estimation
      $1,880,000
      9,950 SF

      601 Fm 1187

      OFFICE (GENERAL)
      601 Fm 1187, Aledo, TX 76008-4412
      View Details

    Similar Nearby for Sale

    • $17,900,000
      3.31 Acres

      Class-A Office Building with Generator

      Turn-key Class-A office building with conference and training rooms, flexible layout, and an on-site backup generator.
      200 Bailey Ranch Rd, Aledo, TX 76008
      View Details
    • $9,650,000
      3.89 Acres

      Mixed-Use Business Park

      Well-leased mixed-use business park with a medical, retail, and office tenant mix across remodeled and newer spaces.
      9899 E Bankhead Hwy, Willow Park, TX 76008
      View Details
    • Contact for pricing

      Commercial Property Near Interstate I-30

      1.05+ acre commercial property suitable for various business ventures.
      12235 Camp Bowie West Blvd, Aledo, TX 76008
      View Details
    • Contact for pricing

      TBD E Bankhead Hwy, Aledo, TX 76008

      Commercial land
      E Bankhead Hwy, Aledo, TX 76008
      View Details
    • $695,000
      Pending

      Luxury Estate Home Lot

      Spacious hilltop lot in a gated community with private well and septic, ideal for a custom luxury build.
      2010 Hidden Bluff Dr, Aledo, TX 76008
      View Details
    • $40,000,000
      90.00 Acres

      Premier Multi-Family Development Land

      Large tract positioned within a master-planned mixed-use development, with annexation underway and utilities planned for future delivery.
      1187 Bankhead Hwy, Fort Worth, TX 76008
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      46,912 SF

      Adaptable Class-A Office/Medical Space

      Versatile office/medical space in a rapidly growing submarket.
      200 Bailey Ranch Rd, Aledo, TX 76008
      View Details
    • Contact for pricing

      Aledo Office/Medical Space Available

      Office and medical space for lease in Aledo, Texas.
      107-113 Larson Ln, Aledo, TX 76008
      View Details
    • Contact for pricing

      Former Dentist Office For Rent

      Available office space with frontage on FM 1187 in Aledo.
      709 Fm 1187, Aledo, TX 76008
      View Details
    • $30 SF/Yr
      144,053 SF

      Class-A Medical Office & Office Campus

      Purpose-built office campus with conferencing, training, kitchens, and backup power for medical or corporate operations.
      200 Bailey Ranch Rd, Aledo, TX 76008
      View Details
    • $31,850
      20,996 SF

      Brand New Retail-Office Building Suites

      New cold-dark shell suites on a busy corridor with options to combine spaces for a larger contiguous footprint.
      1009 E Fm 1187, Crowley, TX 76008
      View Details
    • Contact for pricing
      1,225 SF

      New Retail/Office Space Available

      Brand new retail or office space for lease in Crowley.
      1009 E Fm 1187, Crowley, TX 76008
      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.
    107-113 Larson Ln
    Aledo, TX 76008
    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
    107-113 Larson Ln, Aledo, TX, 76008
    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!