Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    1706 Tx-34 Terrell, TX 75160

    • Land
    • 0.77 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1706 Tx-34

    Lot size
    0.77 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.77-acre commercial lot presents a prime development opportunity in the thriving city of Terrell, Texas. Strategically located at 1706 TX-34, this property boasts a highly desirable location, benefiting from exceptional visibility and accessibility. Zoned for commercial use, the land is ready for immediate development, featuring existing city water, sewer, and electric connections. The site's previous use as a gas station and retail shopping center leaves a concrete slab, simplifying potential redevelopment. Its position near the intersection of State Highway 34 and Interstate 20 ensures high traffic volume, exceeding 70,000 vehicles daily according to TXDot data. This high-traffic location, situated between established businesses like Silver Saloon and McDonald's, makes it ideal for a variety of commercial ventures, including quick-service restaurants, retail establishments, or office spaces. The property's location in Kaufman County, Texas, and its 75160 zip code further enhance its appeal. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial parcel in a growing Texas market. The property's convenient access and high visibility make it an attractive investment for businesses seeking a strong foothold in a busy commercial corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.2747
    Latitude
    32.6991

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      1127 End St

      Land • 0.40 Acres
      1127 End St, Terrell, TX 75160
      View Details
    • Value Estimation by Request
      3.40 Acres

      1180 Rose Hill Rd

      Land • 3.40 Acres
      1180 Rose Hill Rd, Terrell, TX 75160
      View Details
    • Value Estimation by Request
      89.44 Acres

      S.H. 34 Seq I-20 &

      Restaurants • 89.44 Acres
      S.H. 34 Seq I-20 &, Terrell, TX 75160
      View Details
    • Value Estimation by Request
      22.00 Acres

      5 Fm Rd

      Land • 22.00 Acres
      5 Fm Rd, Lakeview, TX 75160
      View Details
    • Value Estimation by Request
      188.24 Acres

      429 Terrell Tx 75160

      Land • 188.24 Acres
      429 Terrell Tx 75160, Terrell, TX 75160
      View Details
    • Value Estimation by Request
      171.41 Acres

      2578 Farm To Market Rd

      Land • 171.41 Acres
      2578 Farm To Market Rd, Terrell, TX 75160
      View Details

    Similar Nearby for Sale

    • $549,950
      3,492 SF

      Downtown Terrell Warehouse - $549,950

      Prime Terrell industrial flex space, ready for your business.
      302 Nash St, Terrell, TX 75160
      View Details
    • $250,000
      3,200 SF

      Terrell Warehouse: $250K Investment

      3,200 SF Warehouse, Ample Parking
      305 9Th St, Terrell, TX 75160
      View Details
    • Contact for pricing
      70.00 Acres

      Terrell, TX Commercial Land Opportunity

      ±70 Acres, US-80 Frontage, Utilities Available
      US-80 And Spur 557, Terrell, TX 75160
      View Details
    • $99,900
      0.40 Acres

      Terrell, TX Land - $99,900

      0.395-acre lot, multifamily potential
      1127 End St, Terrell, TX 75160
      View Details
    • Contact for pricing
      3.00 Acres

      Terrell Townhome Development Opportunity

      16 Townhomes, 3 Acres, QOZ
      0 Tx-34, Terrell, TX 75160
      View Details
    • Contact for pricing
      3.70 Acres

      Terrell Retail Development Site

      Prime 3.7-acre commercial lot, I-20 access.
      151 Windsor Ave, Terrell, TX 75160
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Terrell Land Parcel For Rent

      Land available for rent in Terrell, Texas.
      8501 Michael Talty Ave, Terrell, TX 75160
      View Details
    • Contact for pricing
      100,715 SF

      New Terrell Logistics Park Space

      Class A industrial space in new logistics park available for lease.
      501 Industrial Blvd, Terrell, TX 75160
      View Details
    • Contact for pricing
      51,875 SF

      New Terrell Logistics Park Space

      Class A industrial space in new logistics park available for lease.
      1149 S Virginia St, Terrell, TX 75160
      View Details
    • New
      $2,600 /Mo
      156,468 SF

      Industrial Building with Shelving, Office

      1440 sqft industrial building with office and inside/outside storage.
      7662 County Road 301, Terrell, TX 75160
      View Details
    • $10 SF/Yr
      20,000 SF

      Light Industrial Suite Available | Flex / Warehouse Space

      Flex space • 20,000 SF
      14860 State Highway 205, Terrell, TX 75160
      View Details
    • $7 SF/Yr
      2,500 SF

      Terrell Warehouse Space Available

      2500 square feet of warehouse space for rent.
      225 Metro Dr, Terrell, TX 75160
      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.
    1706 Tx-34
    Terrell, TX 75160
    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.