Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    212 Wilshire Blvd Burleson, TX 76028

    • Commercial real estate
    • 22,576 SF
    • 2.33 lot acres
    For Lease
    View listing
    Value Estimations
    $940,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1979605
    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

    • Texas Fit Club Gym Burleson / Gym & Fitness Center
    • Dallas Local Water Damage Restoration / Carpet Cleaning Service / Fire Damage Restoration Service

    Property Details for 212 Wilshire Blvd

    Year built
    1971
    Lot size
    2.33 lot acres
    Property size
    22,576 SF
    Property type
    Commercial real estate
    APN
    126.2793.00010
    APU
    126279300010

    Description

    This exceptional retail property, located at 212 NE Wilshire Blvd, Burleson, TX 76028, offers a prime opportunity for businesses seeking high visibility and accessibility. The single-story building, totaling 25,977 square feet, boasts a convenient location on Highway 174 (Wilshire Boulevard), within the thriving City of Burleson, a suburb of the Dallas-Fort Worth metroplex. Built in 1971 and renovated in 2019, the property features multiple suites, with a minimum divisible space of 675 square feet and a maximum contiguous space of 1,766 square feet. Currently, 2,441 square feet are vacant and available for lease. Burleson enjoys a robust economy, with an average household income significantly exceeding the national average and the lowest vacancy rate among comparable metropolitan cities. Its strategic location provides easy access to a large population base, with a 15-minute drive-time encompassing 252,000 people and proximity to DFW Airport and Downtown Dallas. The city's strong community focus, recognized by the America's Promise Alliance as one of the "100 Best Communities for Young People," further enhances its appeal. This property presents a unique chance to establish a business in a thriving and desirable location. The cross street is Wilshire-Hillery.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $770,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,111,000
      Market price range: $1.11M - $3.81M

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

    Location Insight

    • Map
    • Local Demand
    City
    Burleson
    County
    Johnson
    State
    Texas
    Longitude
    -97.3246
    Latitude
    32.5464
    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
    2018
    $28,554
    $638,372
    $521,588
    $1,159,960
    -
    $638,372
    $521,588
    $1,159,960

    Comparable in this City

    • Value Estimation by Request
      27,738 SF

      2701 Burleson Blvd

      Commercial real estate • 27,738 SF
      2701 Burleson Blvd, Burleson, TX 76028
      View Details
    • Value Estimation by Request
      0.36 Acres

      124 Magnolia St

      COMMERCIAL (GENERAL) • 0.36 Acres
      124 Magnolia St, Burleson, TX 76028
      View Details
    • Value Estimation by Request
      1,200 SF

      103 Black Jack Ln

      COMMERCIAL (GENERAL) • 1,200 SF
      103 Black Jack Ln, Burleson, TX 76028-1406
      View Details
    • Value Estimation
      $3,610,000
      22,252 SF

      300 Burleson Blvd

      COMMERCIAL (GENERAL) • 22,252 SF
      300 Burleson Blvd, Burleson, TX 76028-4313
      View Details
    • Value Estimation
      $1,220,000
      7,728 SF

      1075 Wilshire Blvd

      COMMERCIAL (GENERAL) • 7,728 SF
      1075 Wilshire Blvd, Burleson, TX 76028-5767
      View Details
    • Value Estimation by Request
      960 SF

      417 Commerce St

      COMMERCIAL (GENERAL) • 960 SF
      417 Commerce St, Burleson, TX 76028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.08 Acres

      Prime Burleson Land - 1.07 Acres

      Wilshire Blvd industrial lot, near I-35W.
      428 Wilshire Blvd, Burleson, TX 76028
      View Details
    • Contact for pricing
      26.81 Acres

      Burleson Commercial Land Opportunity

      26.81 Acres, Ag & Commercial Zoning
      1105 John Jones Dr, Burleson, TX 76028
      View Details
    • Contact for pricing
      13.24 Acres

      Burleson Commercial Land - 13 Acres

      Prime Burleson land, high-growth area, utilities available.
      0 Hillside Dr, Burleson, TX 76028
      View Details
    • $275,000
      0.82 Acres

      Burleson Commercial Land - High Visibility

      Prime Burleson location, 0.82 acres, high traffic. Ideal for retail or office.
      2455 Wilshire Blvd, Burleson, TX 76028
      View Details
    • Contact for pricing
      1.61 Acres

      Sam's Club Pad - Burleson, TX

      Prime Retail Land, Burleson, TX
      600 Burleson Blvd, Burleson, TX 76028
      View Details

    Similar Nearby for Lease

    • $123 SF/Yr
      6,093 SF

      The Standard: Burleson Office Suites

      Class A Office Space, Burleson, TX
      279 Hidden Creek Pkwy, Burleson, TX 76028
      View Details
    • Contact for pricing
      72,183 SF

      Burleson I-35 Retail Pad Sites

      High-visibility retail space, I-35 frontage.
      0 Nec & Sec Of I-35 & Mcalister, Burleson, TX 76028
      View Details
    • Contact for pricing
      25,977 SF

      Burleson Highway Retail Space

      High-traffic retail space, Burleson, TX
      212 Wilshire Blvd, Burleson, TX 76028
      View Details
    • $50 SF/Yr
      144 SF

      Burleson Office Space: Hidden Creek

      Prime Burleson office, 144 sq ft, A-class.
      785 Hidden Creek Pkwy, Burleson, TX 76028
      View Details
    • $1,695 /Mo
      1,384 SF

      Burleson Duplex with Community Amenities

      Spacious 3-bedroom duplex with park and pool access in Burleson.
      905 Walnut St, Burleson, TX 76028
      View Details
    • $3,200 /Mo
      4,000 SF

      New Industrial Warehouse For Rent

      Newly constructed warehouse space with outside storage available for lease.
      12514 J Rendon Rd, Burleson, TX 76028
      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.
    212 Wilshire Blvd
    Burleson, TX 76028
    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

    Google sign-in failed. Please try again or use another login method.