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Property profile

1635 N Fm 156 303 Ponder, TX 76259

FOR LEASE
Other commercial real estate
Property ID
US83-1804039
24,000 SF 18.63 ac lot Built 2016
Last sale Apr 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial flex suite within Ponder Lane Business Park, configured with a combined office-and-warehouse layout. It includes approximately 1,000 SF of office buildout and about 6,500 SF of open warehouse space designed for flexible use. The facility is equipped with 3-phase power and is fully sprinklered. Loading is provided through both grade-level and dock-high doors. The suite is located along FM 156, with frontage that supports visibility and signage options, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value · 2024$3.36M
Assessed land$1.62M
Assessed improvement$1.73M
Effective rate1.28%

Value estimate

· Oct 2026
$3.07M
$2.76M – $3.37M
Submarket $/SF estimate$3.34M
NOI build-up
Gross scheduled income$210k
Vacancy & credit loss−$18k
Operating expenses−$67k
NOI · 1,478.08% cap applied$125k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,478.08%
$125k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDENTON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.7
Storage Facility8.5
Bakery8.3

Location

1635 N Fm 156, Unit 303 Ponder, TX 76259
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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