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    0000 Holland Rd Forestburg, TX 76239
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    0000 Holland Rd, Forestburg, TX 76239

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    • Land
    • 30.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0000 Holland Rd

    Lot size
    30.20 lot acres
    Property type
    Land

    Description

    This exceptional 30.2-acre property in Montague County, Texas, presents a unique investment opportunity blending commercial and recreational uses. Located at 0000 Holland Road, Forestburg, TX 76239 (APN R000023242), this mostly cleared land boasts gorgeous rolling plains, a creek, and numerous trees. A natural spring feeds a one-acre pond, offering stunning water and prairie views. The property includes an older, but habitable mobile home, providing temporary living while you plan your future construction. The land's versatility is ideal for various commercial ventures, while its natural beauty makes it perfect for hunting and recreational activities. With its significant acreage and desirable features, this property offers substantial potential for both development and enjoyment. The lot size is approximately 1,315,512 square feet, providing ample space for diverse uses. This is a rare opportunity to own a substantial piece of Texas land with a blend of commercial and recreational potential. The property is conveniently located in Forestburg, offering a peaceful country setting while remaining accessible.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forestburg
    County
    Montague
    State
    Texas
    Longitude
    -97.5918
    Latitude
    33.5858

    Comparable in this City

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      2,944 SF

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      16764 Fm 455, Forestburg, TX 76239-3100
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      1,140 SF

      16189 Fm 455

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      16189 Fm 455, Forestburg, TX 76239
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    • Value Estimation by Request
      720 SF

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      Fm 455, Forestburg, TX 76239
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      1,200 SF

      16591 Fm 455

      COMMERCIAL (GENERAL)
      16591 Fm 455, Forestburg, TX 76239-3198
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    • Value Estimation by Request
      3,408 SF

      18091 Fm 922

      COMMERCIAL (GENERAL)
      18091 Fm 922, Forestburg, TX 76239
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    Similar Nearby for Sale

    • Contact for pricing

      Land with Natural Spring Pond

      Land featuring a natural spring, pond, and livable mobile home.
      0000 Holland Rd, Forestburg, TX 76239
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    • $1,899,000
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      Forestburg Land Ideal for Recreation

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      North Texas Recreational Hunting Retreat

      377+ acre recreational and hunting retreat in Montague County.
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      Recreational Hunting Land with Pond

      Large, heavily wooded property featuring a stocked pond and year-round wildlife for weekend recreation or seasonal hunting.
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    • $54,400
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      Forestburg Land For Sale

      2.176 acre lot in a beautiful country setting.
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    • $449,950
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      Land with Pond and Exemption

      30.2 acres with pond, creek, and tax exemption.
      Holland Rd, Forestburg, TX 76239
      View Details
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    Forestburg, TX 76239
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    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
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