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    Property profile & analytics

    11120 Fm 1641 Forney, TX 75126

    • Commercial real estate
    • 66,263 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0278757
    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 real estate

    Property Details for 11120 Fm 1641

    Lot size
    1.52 lot acres
    Property size
    66,263 SF
    Property type
    Commercial real estate

    Description

    This exceptional 1.521-acre commercial land parcel presents a prime investment opportunity in Forney, Texas. Located at 11120 FM 1641, this property boasts 66,263 square feet of potential retail development space. The site enjoys convenient access from FM-1641 and Helms Trail, providing excellent visibility and accessibility. Its strategic location offers easy access to I-20, enhancing connectivity and logistical advantages. Utilities, including water and electric, are readily available. This property is situated in a rapidly growing area, within the South Mesquite, Heartland, Talty, and South Forney market. The surrounding area is experiencing significant development, with a projected annual growth rate of 31.44% within a one-mile radius over the next five years. This presents a unique chance to capitalize on the area's robust expansion and high demand for commercial properties. The land currently surrounds a future Dollar Tree location, further solidifying its value and potential for future development. This is an exceptional opportunity for investors seeking high-growth potential in a thriving Texas market. Contact for pricing and additional information.

    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
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.415449
    Latitude
    32.7110747

    Comparable in this City

    • $99,900
      0.22 Acres

      Forney Retail Opportunity on Broad

      Commercial property on major thoroughfare near Historic Downtown Forney.
      507 E Broad St, Forney, TX 75126
      View Details
    • $3,400,000
      3.00 Acres

      Prime Commercial Land in Forney, TX

      3-acre commercial lot in rapidly growing Forney, TX.
      15326 Lake Ray Hubbard Dr, Forney, TX 75126
      View Details
    • Contact for pricing
      13.00 Acres

      Forney, TX Commercial Land - 13 Acres

      Prime 13-acre commercial tract in Forney, TX.
      490 Fm 548, Forney, TX 75126
      View Details
    • New
      $199,900
      0.20 Acres

      Forney Retail Investment Opportunity

      Corner lot with residential structure, ideal for commercial conversion.
      606 E Broad St, Forney, TX 75126
      View Details
    • $6,613,000

      Retail Property For Sale

      Retail property available for purchase in Forney, Texas.
      51 N Fm 548, Forney, TX 75126
      View Details
    • Contact for pricing
      13.60 Acres

      Prime I-20 Forney Land

      13.6 Acres, I-20 Frontage, Pad Sites Available
      12215 Fm 2932, Forney, TX 75126
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13.00 Acres

      Forney, TX Commercial Land - 13 Acres

      Prime 13-acre commercial tract in Forney, TX.
      490 Fm 548, Forney, TX 75126
      View Details
    • New
      $199,900
      0.20 Acres

      Forney Retail Investment Opportunity

      Corner lot with residential structure, ideal for commercial conversion.
      606 E Broad St, Forney, TX 75126
      View Details
    • $99,900
      0.22 Acres

      Forney Retail Opportunity on Broad

      Commercial property on major thoroughfare near Historic Downtown Forney.
      507 E Broad St, Forney, TX 75126
      View Details
    • $3,400,000
      3.00 Acres

      Prime Commercial Land in Forney, TX

      3-acre commercial lot in rapidly growing Forney, TX.
      15326 Lake Ray Hubbard Dr, Forney, TX 75126
      View Details
    • $6,613,000

      Retail Property For Sale

      Retail property available for purchase in Forney, Texas.
      51 N Fm 548, Forney, TX 75126
      View Details
    • Contact for pricing
      13.60 Acres

      Prime I-20 Forney Land

      13.6 Acres, I-20 Frontage, Pad Sites Available
      12215 Fm 2932, Forney, TX 75126
      View Details

    Similar Nearby for Lease

    • $33 SF/Yr
      15,000 SF

      Forney Retail Center - 13.8 Acres

      Prime Forney retail space, multiple tenancies available.
      490 Farm To Market 548, Forney, TX 75126
      View Details
    • $28 SF/Yr
      2,100 SF

      Helms Trail Retail Space For Lease

      Prime Kaufman County retail space, turnkey ready.
      9675 Helms Trl, Forney, TX 75126
      View Details
    • 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
      1,350 SF

      Retail Space in Forney, TX

      Second-generation retail space at a prime intersection in Forney.
      724 E Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing
      13,450 SF

      Forney Retail Center - Pre-Lease

      13,450 SF Retail Space, New Construction
      16383 Farm To Market 548, Forney, TX 75126
      View Details
    • Contact for pricing
      4,000 SF

      Retail Property for Lease

      Land/Retail property available for lease. Contact broker for details.
      16401 Fm 548, Forney, TX 75126
      View Details
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    11120 Fm 1641
    Forney, TX 75126
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    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
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