Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    101 Town Center Ln Keller, TX 76248

    • Retail properties
    • 120,279 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Orangetheory Fitness / Physical Fitness Program / Gym
    • Majestic Nail Salon / Nail Salon
    • 18|8 Fine Men's Salons - Keller / Nail Salon / Facial Spa
    • Lashxvixen / Eyelash Salon
    • Plumbers Keller / Contractor / Plumber

    Property Details for 101 Town Center Ln

    Property size
    120,279 SF
    Property type
    Retail properties

    Description

    This exceptional retail property, Keller Town Center, located at 101 Town Center Ln, Keller, TX 76248, offers 120,279 square feet of commercial space in Tarrant County. Currently, there are five suites available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 4,803 square feet. A total of 12,615 square feet is currently vacant, presenting a significant opportunity for businesses seeking prime retail locations. The property boasts a highly desirable location on a major thoroughfare, surrounded by thriving businesses and affluent residential areas, ensuring high visibility and foot traffic. This multi-tenant building provides a diverse range of space options, catering to various business needs and sizes. The strategic location within Keller, Texas, offers easy access to a strong consumer base and excellent connectivity to the surrounding community. This is an ideal opportunity for businesses looking to establish or expand their presence in a vibrant and growing market. The property's size and layout offer flexibility for a variety of retail concepts. Contact us today to learn more about the available spaces and leasing options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Keller
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2274
    Latitude
    32.9333

    Comparable in this City

    • Value Estimation by Request
      93,541 SF

      2041-2061 Rufe Snow Dr

      Restaurants • 93,541 SF
      2041-2061 Rufe Snow Dr, Keller, TX 76248
      View Details
    • Value Estimation by Request
      52,443 SF

      10800 Beach St

      Neighborhood centers • 52,443 SF
      10800 Beach St, Keller, TX 76248
      View Details
    • Value Estimation
      $1,065,000
      84,256 SF

      1851 Main St

      DEPARTMENT STORE • 84,256 SF
      1851 Main St, Keller, TX 76248
      View Details
    • Value Estimation by Request

      Hill St

      Individual retail properties
      0 Hill St, Keller, TX 76248
      View Details
    • Value Estimation by Request
      24,788 SF

      1400 Main St

      Restaurants • 24,788 SF
      1400 Main St, Keller, TX 76248
      View Details
    • Value Estimation
      $375,000
      3,392 SF

      2031 Rufe Snow Dr

      FINANCIAL BUILDING • 3,392 SF
      2031 Rufe Snow Dr, Keller, TX 76248-5634
      View Details

    Similar Nearby for Sale

    • $3,420,000
      7,200 SF

      Retail Property on Keller Parkway

      Retail property available for sale in Keller, Texas.
      1110 Keller Pkwy, Keller, TX 76248
      View Details
    • $650,000
      0.09 Acres

      Old Town Keller Retail Property

      Retail property in Old Town Keller, near park and improvements.
      128 Bates St, Keller, TX 76248
      View Details
    • $2,375,000
      0.92 Acres

      Retail Zoned Property in Keller

      Retail zoned property with parking and immediate occupancy potential.
      200 Meadowlands Blvd, Keller, TX 76248
      View Details
    • Contact for pricing
      5.56 Acres

      Prime Keller Retail Land

      5.56 Acres, Town Center Zoning
      971 Keller Pkwy, Keller, TX 76248
      View Details
    • $984,456
      4.52 Acres

      Keller Land - 4.52 Acres

      Prime Keller development site, 4 platted lots.
      1032 Chisholm Trl, Keller, TX 76248
      View Details
    • Contact for pricing
      6,065 SF

      Retail Space Near Kroger Center

      Former fitness space with patio, across from Kroger.
      861 N Tarrant Pkwy, Keller, TX 76248
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,565 SF

      Keller Retail Space - 4,565 SF

      Three suites available, high-traffic location.
      242 Rufe Snow Dr, Keller, TX 76248
      View Details
    • Contact for pricing
      120,279 SF

      Keller Town Center Retail Space

      Prime Keller retail, multiple suites available.
      101 Town Center Ln, Keller, TX 76248
      View Details
    • Contact for pricing
      135,701 SF

      Keller Crossing Retail Space

      Prime Keller, TX retail space available.
      1540 Keller Pkwy, Keller, TX 76248
      View Details
    • Contact for pricing
      21,367 SF

      Retail Space in Keller Town Center

      21,367 SF retail space for lease in Keller, TX.
      920 Keller Pkwy, Keller, TX 76248
      View Details
    • $35 SF/Yr
      7,500 SF

      Keller Commons: Prime Office Space

      Modern Office Suites, Q2 2025 Delivery
      1637 Keller Pkwy, Keller, TX 76248
      View Details
    • Contact for pricing
      21,295 SF

      Keller Parkway Retail Center

      Prime Keller retail space available.
      1175 Keller Pkwy, Keller, TX 76248
      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.
    101 Town Center Ln
    Keller, TX 76248
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.