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    12312 Fm 2932 Forney, TX 75126
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    12312 Fm 2932 Forney, TX 75126

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    • Commercial land
    For Sale
    $784,080
    View Listing →
    Two 1-Acre Pad Sites For Sale
    $784,080

    Two 1-Acre Pad Sites

    Two 1-acre commercial pad sites available for sale.

    12312 FM2932, Forney, TX 75126
    View Listing
    Property ID
    US82-0131479
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 12312 Fm 2932

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    • FOR SALE: Two 1-acre pad sites • Access from I-20 and FM-2932; TXDOT plans to take out Helms Trail Bridge and upgrade the FM-2932 bridge to be 6 lanes across Pad site with Water Available but Needs Septic Mesquite ETJ Massive Home Growth in the area

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.4359
    Latitude
    32.699314

    Comparable in this City

    • $2,454,600
      1.61 Acres

      Prime Commercial Land on Highway

      1.6 acre commercial land with high visibility and access.
      503 E Us Highway 80, Forney, TX 75126
      View Details
    • $1,193,540
      1.38 Acres

      Prime Commercial Land Opportunity Forney

      1.38 acre commercial tract in a high-growth DFW corridor.
      13625 Reeder Rd, Forney, TX 75126
      View Details
    • $2,300,000
      32.80 Acres

      Unrestricted Land Near Forney, Texas

      32.8 acres of unrestricted land near IH-20.
      15530 Wiser Rd, Forney, TX 75126
      View Details
    • $299,999
      0.40 Acres

      Forney Commercial Land Opportunity

      Prime commercial land in high-visibility Forney location.
      9-14 E Broad St, Forney, TX 75126
      View Details
    • $1,024,849
      5.16 Acres

      Prime Commercial Land in Forney

      5+ acres of commercially zoned land near major companies.
      Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing

      Available Pad Sites For Sale

      Multiple commercial land lots available for sale in Forney, TX.
      12215 Fm 2932, Forney, TX 75126
      View Details

    Similar Nearby for Sale

    • $2,454,600
      1.61 Acres

      Prime Commercial Land on Highway

      1.6 acre commercial land with high visibility and access.
      503 E Us Highway 80, Forney, TX 75126
      View Details
    • $1,193,540
      1.38 Acres

      Prime Commercial Land Opportunity Forney

      1.38 acre commercial tract in a high-growth DFW corridor.
      13625 Reeder Rd, Forney, TX 75126
      View Details
    • $2,300,000
      32.80 Acres

      Unrestricted Land Near Forney, Texas

      32.8 acres of unrestricted land near IH-20.
      15530 Wiser Rd, Forney, TX 75126
      View Details
    • $299,999
      0.40 Acres

      Forney Commercial Land Opportunity

      Prime commercial land in high-visibility Forney location.
      9-14 E Broad St, Forney, TX 75126
      View Details
    • $1,024,849
      5.16 Acres

      Prime Commercial Land in Forney

      5+ acres of commercially zoned land near major companies.
      Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing

      Available Pad Sites For Sale

      Multiple commercial land lots available for sale in Forney, TX.
      12215 Fm 2932, Forney, TX 75126
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,141 to 52,272 square feet.
      490 S Farm To Market 548, Forney, TX 75126
      View Details
    • Contact for pricing

      Land and Retail Space Available

      Land and retail spaces for lease in Kaufman, Texas.
      Seq College Ave & FM 548, Kaufman, TX 75126
      View Details
    • Contact for pricing

      Retail Center in Forney, Texas

      22,112 SF retail center at Ridgecrest and Ranch Road.
      1102 Ranch Rd, 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
      5,000 SF

      Industrial Space with Flexible Terms

      Available industrial space with on-site management and flexible lease terms.
      305 Industrial Dr, Forney, TX 75126
      View Details
    • Contact for pricing
      5,000 SF

      Flex Space Available For Rent

      Flex space available with on-site leasing and flexible lease terms.
      36 Mustang Ct, Forney, TX 75126
      View Details
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    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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