Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1901 Kirkwood Blvd Southlake, TX 76092
    Back to Search
    Property profile & analytics

    1901 Kirkwood Blvd Southlake, TX 76092

    View on Map
    • Commercial land
    • 5.63 lot acres
    Off-Market
    Last Sale Jan 22, 2025
    Property ID
    US83-1138413
    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 1901 Kirkwood Blvd

    Lot size
    5.63 lot acres
    Property type
    Commercial land
    APN
    36980G-1-1R1R2A
    APU
    36980G11R1R2A

    Description

    This exceptional 5.63-acre commercial land parcel presents a unique investment opportunity in the thriving city of Southlake, Texas. Located at 1901 W Kirkwood Blvd, this property boasts a desirable location near the Sabre Group Corporate Campus. The land sits at an elevation of 604 feet and is zoned as a NR-PUD (non-residential planned unit development) district. This zoning allows for a variety of uses, including office buildings (0-2 office district uses), communication and information technology related businesses, training and conference centers, parking structures, and even a heliport or vertiport, subject to PUD development standards. Additional permitted uses include hotels, restaurants, and retail spaces, as outlined in the approved concept plan. The property's APN is 42085185. The asking price for this exceptional development opportunity is $4,295,016. This listing was posted on June 14, 2024, and the MLS number is 20645468. The property's strategic location and flexible zoning make it an ideal site for a variety of commercial developments. Don't miss this chance to acquire a significant piece of Southlake real estate.

    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
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1653
    Latitude
    32.9819
    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
    $8,938
    $490,398
    $0.00
    $490,398
    -
    $490,398
    $0.00
    $490,398

    Comparable in this City

    • Value Estimation by Request
      16.17 Acres

      1900 Ira E Woods Ave

      VACANT COMMERCIAL LAND • 16.17 Acres
      1900 Ira E Woods Ave, Southlake, TX 76092
      View Details
    • Value Estimation by Request
      0.52 Acres

      2445 Michael Dr

      VACANT COMMERCIAL LAND • 0.52 Acres
      2445 Michael Dr, Southlake, TX 76092-8221
      View Details
    • Value Estimation by Request
      0.11 Acres

      100 Continental Blvd

      VACANT COMMERCIAL LAND • 0.11 Acres
      100 Continental Blvd, Southlake, TX 76092-8509
      View Details
    • Value Estimation by Request
      0.48 Acres

      220 Davis Blvd

      VACANT COMMERCIAL LAND • 0.48 Acres
      220 Davis Blvd, Southlake, TX 76092-8210
      View Details
    • Value Estimation by Request
      0.79 Acres

      1180 Dove Rd

      VACANT COMMERCIAL LAND • 0.79 Acres
      1180 Dove Rd, Southlake, TX 76092-3567
      View Details
    • Value Estimation by Request
      1.08 Acres

      4604 Saddleback Ln

      VACANT COMMERCIAL LAND • 1.08 Acres
      4604 Saddleback Ln, Southlake, TX 76092-1473
      View Details

    Similar Nearby for Sale

    • $500,000
      0.45 Acres

      Southlake Commercial Land Opportunity

      Prime commercial land in Southlake with high visibility and flexibility.
      1206 Timberline Ct, Southlake, TX 76092
      View Details
    • $6,500,000
      5.15 Acres

      Prime Corner Lot in Southlake

      5 acre corner lot ideal for landmark development in Southlake.
      2300 E Sh 114, Southlake, TX 76092
      View Details
    • Contact for pricing

      Southlake Retail Development Site

      Commercial development site in the heart of Southlake retail area.
      2175 E Southlake Blvd, Southlake, TX 76092
      View Details
    • Contact for pricing

      Southlake Commercial Land Opportunity

      1.78 acre commercial land parcel in Southlake, Texas.
      801 W Southlake Blvd, Southlake, TX 76092
      View Details
    • $13,300,000
      18.42 Acres

      Prime Southlake Commercial Land Parcel

      18+ acres of commercial land in premier Southlake location.
      1101 N Carroll Ave, Southlake, TX 76092
      View Details
    • $600,000
      0.12 Acres

      Land in Carillon Parc, Southlake

      Premier Southlake land for dream home in European-inspired community.
      116 Ln Rambla Ct, Southlake, TX 76092
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      230,000 SF

      Southlake Commercial Land For Lease

      Commercial land available for ground lease or build-to-suit in Southlake.
      1201 E Southlake Blvd, Southlake, TX 76092
      View Details
    • Contact for pricing
      42,040 SF

      Southlake Retail Space For Lease

      Prime retail location in affluent Southlake, anchored by Central Market.
      251 S Carroll Ave, Southlake, TX 76092
      View Details
    • Contact for pricing

      Southlake Corner Pad for Lease

      1.38 acre pad site available for ground lease.
      985 N Carroll Ave, Southlake, TX 76092
      View Details
    • Contact for pricing
      60,113 SF

      Corner Development Opportunity

      Prime land with excellent visibility and access.
      985 N Carroll Ave, Southlake, TX 76092
      View Details
    • Contact for pricing

      Executive Office Space for Rent

      Executive office space with modern amenities and convenient location.
      211 E Southlake Blvd, Southlake, TX 76092
      View Details
    • Contact for pricing

      Retail Space Near Southlake Square

      Retail space in high-traffic area near premier destinations.
      1101 Tx-114, Southlake, TX 76092
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1901 Kirkwood Blvd
    Southlake, TX 76092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1901 Kirkwood Blvd, Southlake, TX, 76092
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!