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

    1041 John Jones Dr Burleson, TX 76028

    • Commercial land
    • 1.70 lot acres
    For Sale
    View listing
    $900,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-7220368
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 1041 John Jones Dr

    Lot size
    1.70 lot acres
    Property type
    Commercial land
    APN
    126.0177.01183
    APU
    126017701183

    Description

    This exceptional 6-acre commercial property presents a remarkable investment opportunity in a high-traffic area of Burleson, Texas. Situated at 1041 NW John Jones Drive, this site boasts unparalleled visibility and accessibility, making it an ideal location for a diverse range of commercial ventures. The property's strategic position alongside established businesses like Alley Cats, ABC Roofing Supply, and Johnson Fiberglass ensures a consistent flow of vehicular and pedestrian traffic, providing significant exposure for any new development. The substantial 6-acre lot offers ample space for a variety of projects, from a retail complex or service center to an office building or other commercial development. The property's location within a thriving business environment promises strong potential for growth and return on investment. This is a rare opportunity to secure a prime commercial parcel in a rapidly developing area of Burleson, offering significant advantages for businesses seeking a high-visibility location with excellent access and ample space for expansion. The property is priced at $900,000 and is ready for immediate development. Don't miss this chance to establish your business in a bustling and successful part of Burleson.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burleson
    County
    Johnson
    State
    Texas
    Longitude
    -97.3639
    Latitude
    32.5394
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $611
    $74,052
    $0.00
    $74,052
    -
    $74,052
    $0.00
    $74,052

    Comparable in this City

    • Value Estimation by Request
      9.72 Acres

      4980 Lemons Rd

      VACANT COMMERCIAL LAND • 9.72 Acres
      4980 Lemons Rd, Burleson, TX 76028
      View Details
    • Value Estimation by Request
      0.28 Acres

      13015 Ss Fwy

      VACANT COMMERCIAL LAND • 0.28 Acres
      13015 Ss Fwy, Burleson, TX 76028-7033
      View Details
    • Value Estimation by Request
      0.38 Acres

      512 Abner Lee Dr

      VACANT COMMERCIAL LAND • 0.38 Acres
      512 Abner Lee Dr, Burleson, TX 76028
      View Details
    • Value Estimation by Request
      0.49 Acres

      110 Hawks Rdg Trl

      VACANT COMMERCIAL LAND • 0.49 Acres
      110 Hawks Rdg Trl, Burleson, TX 76028-2282
      View Details
    • Value Estimation by Request
      0.74 Acres

      275 Burleson Blvd

      VACANT COMMERCIAL LAND • 0.74 Acres
      275 Burleson Blvd, Burleson, TX 76028-4302
      View Details
    • Value Estimation by Request
      5.00 Acres

      3285 Burleson Blvd

      VACANT COMMERCIAL LAND • 5.00 Acres
      3285 Burleson Blvd, Burleson, TX 76028-1801
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Land Near I-35

      Commercial land with high visibility and utilities on-site.
      425 E Renfro St, Burleson, TX 76028
      View Details
    • Contact for pricing

      13.27 Acres Commercial Land Available

      13.27 acres of commercial land with frontage on E Renfro.
      460 E Renfro St, Burleson, TX 76028
      View Details
    • $375,000
      1.78 Acres

      Development-Ready Land in Burleson, TX

      Prime commercial land in fast-growing Burleson, TX, ready for development.
      1540 E Renfro St, Burleson, TX 76028
      View Details
    • $199,000
      0.89 Acres

      Commercial Lot in Burleson, TX

      Unimproved commercial land in a super location in Burleson.
      3085 Wilshire Blvd, Burleson, TX 76028
      View Details
    • Contact for pricing
      3.50 Acres

      Vacant Land for Lease

      Nearly 4-acre vacant land lot for lease outside Burleson.
      2469 SW Hulen St, Burleson, TX 76028
      View Details
    • Contact for pricing

      Commercial Land in Arabella Development

      Commercial land for sale in master-planned Arabella development.
      746 SW Hulen St, Burleson, TX 76028
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      119,790 SF

      Burleson TX Pad Sites - Shannon Creek

      Prime Commercial Land, Multiple Tenancy Options
      1640 Candler Dr, Burleson, TX 76028
      View Details
    • Contact for pricing

      Land For Rent in Burleson

      Land available for rent at 5150 FM1187, Burleson, TX.
      5150 Fm 1187, Burleson, TX 76028
      View Details
    • Contact for pricing
      148,103 SF

      Southgate Marketplace: Burleson Office Suites

      Burleson Office Space: Prime Retail Location
      0 I-35W, Burleson, TX 76028
      View Details
    • Contact for pricing
      12,000 SF

      The Fusion Building: Burleson Office Space

      12,000 SF Office Building, 6,000 SF Available
      124 Main St, Burleson, TX 76028
      View Details
    • Contact for pricing
      63,000 SF

      Ellison Plaza: Burleson Retail Space

      Prime Burleson location, restaurant/retail space available.
      135 Ellison St, Burleson, TX 76028
      View Details
    • Contact for pricing
      2,059 SF

      Restaurant with Drive-Thru on Wilshire

      Standalone restaurant with drive-thru on Wilshire Blvd in Burleson, TX.
      205 NE Wilshire Blvd, Burleson, TX 76028
      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.
    1041 John Jones Dr
    Burleson, TX 76028
    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.