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    18118 Fm 344th W Flint, TX 75762-6010
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    Property profile & analytics

    18118 Fm 344th W Flint, TX 75762-6010

    View on Map
    • Office buildings
    • 25,356 SF
    • 2.58 lot acres
    Off-Market
    Property ID
    US82-6438157
    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
    $2,710,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • UT Health East Texas Physicians clinic / Medical Clinic
    • UT Health East Texas Olympic Center / Medical Clinic
    • Tyler Arendt, MD / Physician
    • Ted, Gould, M.D. / Physician
    • Bethany Starks FNP, APRN / Physician

    Property Details for 18118 Fm 344th W

    Year built
    2009
    Lot size
    2.58 lot acres
    Property size
    25,356 SF
    Property type
    Office buildings
    APN
    1-00000-0018-43-003020
    APU
    100000001843003020

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,354,000
      Market price range: $1.29M - $2.35M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,705,000
      Current use
      COMMERCIAL (GENERAL)
      $3,465,000
      Change: +103% Conversion: Easy
      RESTAURANT
      $2,735,000
      Change: +60% Conversion: Moderate
      RETAIL STORES
      $2,275,000
      Change: +34% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,220,000
      Change: +30% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,915,000
      Change: +12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Smith
    State
    Texas
    Longitude
    -95.4355
    Latitude
    32.1881
    CBSA code
    46340
    CBSA name
    TYLER, 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
    $78,566
    $393,652
    $5,320,469
    $5,714,121
    -
    $393,652
    $5,320,469
    $5,714,121

    Comparable in this City

    • Value Estimation
      $700,000
      15,194 SF

      22525 State Hwy 155th S

      OFFICE BUILDING • 15,194 SF
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    • Value Estimation by Request
      4,950 SF

      10760 Fm 2813

      OFFICE BUILDING • 4,950 SF
      10760 Fm 2813, Flint, TX 75762-3731
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    • Value Estimation by Request
      5,088 SF

      10750 Fm 2813

      OFFICE BUILDING • 5,088 SF
      10750 Fm 2813, Flint, TX 75762-3730
      View Details
    • Value Estimation
      $1,465,000
      29,550 SF

      18247 Singing Wood Ln

      OFFICE BUILDING • 29,550 SF
      18247 Singing Wood Ln, Flint, TX 75762
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    • Value Estimation by Request
      4,019 SF

      17662 County Rd 196

      OFFICE BUILDING • 4,019 SF
      17662 County Rd 196, Flint, TX 75762-9120
      View Details
    • Value Estimation by Request
      4,024 SF

      17159 Fm 2493

      OFFICE BUILDING (MULTI-STORY) • 4,024 SF
      17159 Fm 2493, Flint, TX 75762-8331
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Highway Intersection Land Available

      Land available at a prime intersection with utilities in place.
      20175 State Highway 155, Flint, TX 75762
      View Details
    • $599,000
      960 SF

      Versatile Commercial Property in Flint, TX

      Commercial property with office, shop, and covered storage on 4.587 acres.
      10203 C R 135, Flint, TX 75762
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    • $225,000
      1.50 Acres

      Unimproved Land in Flint, Texas

      1.5 acre commercial land for sale in Flint, Texas.
      20175 S Highway 155, Flint, TX 75762
      View Details
    • $500,000
      0.92 Acres

      Land For Sale in Flint

      Unimproved land available in Flint, Texas, with deed restrictions.
      20175 S Highway 155, Flint, TX 75762
      View Details
    • $79,500
      1.00 Acre

      Vacant Land in Flint, Texas

      One acre of unimproved land available in Flint, Texas.
      15 Cr 189, Flint, TX 75762
      View Details
    • Contact for pricing

      Cleared Land Ready for Development

      5-acre tract in Flint, TX, ideal for various developments.
      20942 State Highway 155 S, Flint, TX 75762
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    Similar Nearby for Lease

    • $22 SF/Yr

      Retail/Office/Medical Space For Rent

      Under construction retail, office, medical, and dining spaces available.
      20083 State Highway 155 S, Flint, TX 75762
      View Details
    • Contact for pricing

      Flint Warehouse/Flex Space Available

      6,000 SF warehouse/flex building with office space for lease.
      10155 County Road 135, Flint, TX 75762
      View Details
    • Contact for pricing

      Landmark Business Park Location

      Located in a high-growth area with excellent exposure.
      17521 State Highway 155 S, Flint, TX 75762
      View Details
    • Contact for pricing

      Highway Frontage Commercial Property

      Commercial property with highway frontage, suitable for various uses.
      17601 State Highway 155, Flint, TX 75762
      View Details
    • Contact for pricing
      1,898 SF

      Industrial Space Available for Rent

      Industrial property with 1898 square feet available for rent.
      17521 Texas 155, Flint, TX 75762
      View Details
    • Contact for pricing
      10,648 SF

      Flint Warehouse Space Available

      10,648 square foot warehouse space for lease in Flint, TX.
      17601 State Highway 155 S, Flint, TX 75762
      View Details
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    Flint, TX 75762-6010
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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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