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Property profile & analytics
OFF-MARKET Estimated value $2,090,000
Commercial real estate

1102 Rnch Rd Heath, TX 75126-4796

22,284 SF 2.21 ac lot Built 2005
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US82-3593212
Property summary
AI-generated overview

Ridgecrest Plaza, a 22,112 square foot retail strip center, presents a prime investment opportunity in Forney, Texas. Strategically located at the northeast corner of Ridgecrest Road and Ranch Road, this property enjoys excellent visibility and accessibility, situated just northeast of Highway 80, ensuring high traffic flow. The center currently offers multiple tenancy options, with two spaces immediately available. Units range in size from a minimum of 1,110 square feet to a maximum contiguous space of 3,240 square feet, providing flexibility for a variety of retail businesses. A significant 4,350 square feet of vacant space is currently available for lease, presenting a unique chance to establish a presence in this thriving community. The property is situated in Kaufman County, a rapidly growing area with a strong retail market. This is an exceptional opportunity for businesses seeking high-traffic exposure and a strategic location within a well-established retail center. The existing infrastructure and convenient location make this an attractive option for both established businesses and new ventures looking to capitalize on the area's growth potential. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business at Ridgecrest Plaza.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 22,284 SF
Lot 2.21 ac (96,111 SF)
APN 00.3139.0010.0001.00.02.02
UPID US82-3593212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$2.09M
Owner & transaction history
Blumin Ridgecrest
Blumin Ridgecrest
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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