Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fm 548 & Reeder Ln Forney, TX 75126
    Back to Search
    Property profile & analytics

    Fm 548 & Reeder Ln, Forney, TX 75126

    View on Map
    • Retail properties & Spaces
    • 10,000 SF
    • 1.01 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Fm 548 & Reeder Ln

    Year built
    2024
    Lot size
    1.01 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree storefront in Forney, Texas, boasting a 6.85% cap rate and a strong corporate guarantee. The property, constructed in 2024, features a 20-year roof warranty and is situated on a 1.01-acre lot at the intersection of FM 548 & Reeder Lane, a high-traffic area with 21,500 cars daily. The 10.1-year lease, commencing February 29, 2024, and expiring March 30, 2034, includes four, five-year renewal options with $0.50/SF rent bumps every five years. The property benefits from its location within the Dallas/Fort Worth MSA, just 25 miles east of downtown Dallas, and enjoys excellent visibility. The surrounding area is experiencing rapid growth, with projections of a 25% increase in households and population within one mile by 2027. This growth is fueled by significant new residential development, including over 1,500 apartment units and 2,055 single-family homes currently under development in close proximity. The average household income in the immediate area exceeds $118,000, indicating strong consumer spending power. The property's prime location is further enhanced by its proximity to a dense retail corridor anchored by major retailers like Walmart, Lowe's, and Kroger, ensuring high foot traffic and visibility. This is a compelling investment opportunity with a stable tenant, strong growth potential, and attractive financial returns. The Net Lease (NNN) structure minimizes landlord responsibilities, offering a passive income stream. The asking price is $2,613,000, translating to $261.30 per square foot. The current Net Operating Income (NOI) is $179,000, reflecting the property's strong performance and potential for future appreciation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.4339
    Latitude
    32.759

    Comparable in this City

    • Value Estimation by Request
      13.80 Acres

      490 Farm To Market 548

      Individual retail properties
      490 Farm To Market 548, Forney, TX 75126
      View Details
    • Value Estimation by Request
      0.71 Acres

      548 @ Lonesome Dove Ln

      Restaurants
      548 @ Lonesome Dove Ln, Forney, TX 75126
      View Details
    • Value Estimation by Request
      13,450 SF

      16383 Farm To Market 548

      Individual retail properties
      16383 Farm To Market 548, Forney, TX 75126
      View Details
    • Value Estimation by Request
      4,500 SF

      Fm 741

      Lifestyle centers
      0 Fm 741, Heartland, TX 75126
      View Details
    • Value Estimation by Request
      9,921 SF

      195 Farm To Market 548

      Lifestyle centers
      195 Farm To Market 548, Forney, TX 75126
      View Details
    • Value Estimation by Request
      13,000 SF

      16401 Farm To Market 548

      Retail properties & Spaces
      16401 Farm To Market 548, Forney, TX 75126
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,924 SF

      Cadence Academy Forney Investment Opportunity

      NNN leased Cadence Academy with favorable escalators in Forney, TX.
      929 College Ave, Forney, TX 75126
      View Details
    • Contact for pricing
      1,613 SF

      Commercial Property in Prime Location

      High-visibility commercial property near downtown Forney with versatile potential.
      505 E Broad St, Forney, TX 75126
      View Details
    • Contact for pricing
      1,696 SF

      Corner Lot Retail Property Forney

      Highly visible corner lot property in fast-growing Kaufman County.
      802 E Broad St, Forney, TX 75126
      View Details
    • $259,900
      0.22 Acres

      Retail Opportunity in Forney, TX

      High-visibility retail property near Downtown Forney with development potential.
      505 E Broad St, Forney, TX 75126
      View Details
    • $249,900
      0.17 Acres

      Forney Retail Opportunity

      High-visibility retail property near downtown Forney with redevelopment potential.
      503 E Fm Rd 688 St, Forney, TX 75126
      View Details
    • Contact for pricing
      1,625 SF

      Historic Forney Building with Modern Touches

      Historic building adaptively restored with modern touches in downtown Forney.
      206 S Bois D Arc St, Forney, TX 75126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,700 SF

      Retail Space in Forney, TX

      Retail space available in high-growth Forney retail corridor.
      780 E Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing

      Retail Space Near Brookshire's

      Retail property with high visibility and traffic exposure.
      425 Pinson Rd, Forney, TX 75126
      View Details
    • Contact for pricing
      2,562 SF

      New Retail Strip Under Construction

      New retail strip with high visibility and accessibility.
      2401 Farm To Market Rd 741, Forney, TX 75126
      View Details
    • Contact for pricing
      1,100 SF

      Retail Suite in City Plaza

      1,410 SF retail suite in high-traffic area.
      100-105 N Farm To Market 548, Forney, TX 75126
      View Details
    • Contact for pricing
      1,950 SF

      Retail Space in High-Growth Area

      Retail spaces available in a rapidly growing Texas suburb.
      630 E Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space Near US-80

      Retail space with high visibility and access north of US-80.
      1388 Fm 548, Forney, TX 75126
      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.
    Fm 548 & Reeder Ln
    Forney, TX 75126
    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
    Fm 548 & Reeder Ln, Forney, TX, 75126
    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!