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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1600 Bowers Rd Seagoville, TX 75159-3309

    • Warehouses
    • 6,018 SF
    • 38.57 lot acres
    OFF-MARKET
    Value Estimations
    $410,000
    Show details
    Cap Rate Potential
    8.5%
    Warehouses
    Location Intelligence
    Property ID
    US82-9616413
    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

    • Dallas Environmental Center / School

    Property Details for 1600 Bowers Rd

    Year built
    2020
    Construction
    STEEL FRAME
    Lot size
    38.57 lot acres
    Property size
    6,018 SF
    Zone code
    Z05
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    50019750000010000
    APU
    50019750000010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $505,000
      6.5%
      $465,000
      7%
      $435,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $470,000
      Current use
      MEDICAL BUILDING
      $540,000
      Change: +14% Conversion: Difficult
      OFFICE BUILDING
      $475,000
      Change: +0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Seagoville
    County
    Dallas
    State
    Texas
    Longitude
    -96.5752
    Latitude
    32.639
    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
    2023
    $0.00
    $385,710
    $1,137,400
    $1,523,110
    -
    $385,710
    $1,137,400
    $1,523,110

    Comparable in this City

    • Value Estimation
      $245,000
      1,200 SF

      1550 Jimmy Ln

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      1550 Jimmy Ln, Seagoville, TX 75159-4700
      View Details
    • Value Estimation
      $1,490,000
      22,500 SF

      704 Simonds Rd

      MINI-WAREHOUSE, STORAGE • 22,500 SF
      704 Simonds Rd, Seagoville, TX 75159-3227
      View Details
    • Value Estimation
      $300,000
      4,000 SF

      1301 Simonds Rd

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      1301 Simonds Rd, Seagoville, TX 75159-3827
      View Details
    • Value Estimation by Request
      4,224 SF

      301 Tunnell St

      MINI-WAREHOUSE, STORAGE • 4,224 SF
      301 Tunnell St, Seagoville, TX 75159-2624
      View Details
    • Value Estimation
      $220,000
      1,500 SF

      4240 Belt Line Rd

      MINI-WAREHOUSE, STORAGE • 1,500 SF
      4240 Belt Line Rd, Seagoville, TX 75159-3916
      View Details
    • Value Estimation
      $345,000
      8,100 SF

      101 Apple St

      MINI-WAREHOUSE, STORAGE • 8,100 SF
      101 Apple St, Seagoville, TX 75159-2807
      View Details

    Similar Nearby for Sale

    • $425,000
      0.18 Acres

      Flex/Office/Industrial Site in Seagoville

      Flex, office, light industrial site suitable for various businesses.
      200 W Malloy Bridge Rd, Seagoville, TX 75159
      View Details
    • $469,900
      4,600 SF

      200 Malloy Bridge Rd, Seagoville, TX 75159

      Industrial properties • 4,600 SF
      200 Malloy Bridge Rd, Seagoville, TX 75159
      View Details
    • $940,000

      Seagoville Industrial Property for Sale

      Industrial property available in Seagoville, Texas, priced at $940,000.
      610 W Simonds Rd, Seagoville, TX 75159
      View Details
    • $565,000

      Seagoville Industrial Property For Sale

      0.78 acre Light Industrial parcel with multiple potential uses.
      303 W Simonds Rd, Seagoville, TX 75159
      View Details
    • Contact for pricing
      8,125 SF

      Seagoville Retail Space - Hwy 175

      8,125 SF Retail Building, High Visibility
      199 Us Highway 175, Seagoville, TX 75159
      View Details
    • $980,000
      2.40 Acres

      Seagoville Commercial Land - 2.4 Acres

      Prime Seagoville land, ideal retail/medical.
      351 Hall Rd, Seagoville, TX 75159
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo

      Functional Office and Shop Space

      Flexible office and shop space with easy highway access.
      200 Cypress St, Seagoville, TX 75159
      View Details
    • Contact for pricing

      Seagoville Acreage for Lease

      103.54-acre tract near US Highway 175 available for lease.
      2101 Bowers Rd, Seagoville, TX 75159
      View Details
    • Contact for pricing
      2,340 SF

      Seagoville Office Space Available

      Office space ideal for medical, dental, or professional use.
      605 Avalon Dr, Seagoville, TX 75159
      View Details
    • $40,950
      122,752 SF

      New Retail/Office Space Available

      New construction retail/office building for lease in Seagoville, TX.
      199 N Us-175, Seagoville, TX 75159
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space Near Walmart

      Retail spaces available near Walmart Supercenter with freeway frontage.
      300-344 Highway 175 N, Seagoville, TX 75159
      View Details
    • Contact for pricing
      2,200 SF

      New Retail Strip Center Space

      Newly constructed retail spaces available in Seagoville, Texas.
      950 E Malloy Bridge Rd, Seagoville, TX 75159
      View Details
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    1600 Bowers Rd
    Seagoville, TX 75159-3309
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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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