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

    222 Mckinney St Denton, TX 76201-4260

    • Office Properties & Spaces
    • 2,863 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimations
    $480,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1693669
    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

    • Law Office of Patty A Tress / Criminal Justice Attorney
    • Law Office of Emma Guzman Ramon / Immigration Attorney / Law Firm
    • Denton POS Systems / Electronics Store
    • Anderson Spector and Co PC / Certified Public Accountant
    • Mai Rai Lee / Chemical Engineer

    Property Details for 222 Mckinney St

    Year built
    1985
    Lot size
    0.34 lot acres
    Property size
    2,863 SF
    Property type
    Office Properties & Spaces
    APN
    R115544
    APU
    R115544

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $586,000
      Market price range: $437k - $777k

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1304
    Latitude
    33.2162
    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
    $12,626
    $299,693
    $350,632
    $650,325
    -
    $299,693
    $350,632
    $650,325

    Comparable in this City

    • Value Estimation by Request
      2,778 SF

      223 Sycamore St

      Office Properties & Spaces • 2,778 SF
      223 Sycamore St, Denton, TX 76201
      View Details
    • Value Estimation by Request

      303 Carroll Blvd

      Office Properties & Spaces
      303 Carroll Blvd, Denton, TX 76201
      View Details
    • Value Estimation by Request
      64,903 SF

      214 Bell Ave

      Office buildings • 64,903 SF
      214 Bell Ave, Denton, TX 76201
      View Details
    • Value Estimation by Request
      8,467 SF

      101 Elm St

      Office buildings • 8,467 SF
      101 Elm St, Denton, TX 76201
      View Details
    • Value Estimation by Request
      1,024 SF

      222 Mckinney St

      CONDOMINIUM OFFICES • 1,024 SF
      222 Mckinney St, Denton, TX 76201-4260
      View Details
    • Value Estimation
      $465,000
      2,100 SF

      2625 Scripture St Ste, Unit 102

      CONDOMINIUM OFFICES • 2,100 SF
      2625 Scripture St Ste, Denton, TX 76201-2304
      View Details

    Similar Nearby for Sale

    • $495,000
      0.24 Acres

      Denton Commercial Building with Parking

      Turn-key, updated commercial building in the heart of Denton, Texas.
      1005 N Elm St, Denton, TX 76201
      View Details
    • $1,150,000
      5,896 SF

      Denton Office Building Investment

      Prime office property in Denton, TX with development potential.
      1156 N Bonnie Brae St, Denton, TX 76201
      View Details
    • $2,599,878
      7,242 SF

      Modern Office Space Available

      Bright, modern office space built in 2017, monument signage.
      2212 Emery St, Denton, TX 76201
      View Details
    • $1,900,000
      9,133 SF

      NNN Leased Retail Building

      Fully leased retail building in Downtown Denton with upside potential.
      222 West Hickory St, Denton, TX 76201
      View Details
    • $425,000
      2,016 SF

      Denton Office Space For Sale

      2016 square foot office space available in Denton, Texas.
      1701 N Elm St, Denton, TX 76201
      View Details
    • New
      $199,950
      0.66 Acres

      Denton Office Condo For Sale

      Office condo in mixed-use development near Denton's Historic Downtown.
      405 S Elm St, Denton, TX 76201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      30,898 SF

      Denton, TX Class A Office Space

      Prime Denton Office, 1,742 SF Available
      320 Eagle Dr, Denton, TX 76201
      View Details
    • $13 SF/Yr
      7,000 SF

      Scripture Street Office Building

      7,000 sq ft Single-Tenant Office
      1716 Scripture St, Denton, TX 76201
      View Details
    • Contact for pricing
      36,938 SF

      Denton Square Mixed-Use Retail Space

      Prime Denton location, 36,938 sqft, Class A.
      314 Hickory St, Denton, TX 76201
      View Details
    • $19 SF/Yr
      600 SF

      Downtown Carroll Blvd Office Space

      Move-in ready, 600 sq ft office suite.
      303 Carroll Blvd, Denton, TX 76201
      View Details
    • $12 SF/Yr
      33,411 SF

      Office Space in Denton, TX

      Office space available for lease in Denton, Texas.
      1716 Scripture St, Denton, TX 76201
      View Details
    • Contact for pricing
      27,137 SF

      Denton Office Space For Rent

      Modern office spaces in vibrant Denton, TX, with ample parking.
      315 S Locust St, Denton, TX 76201
      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.
    222 Mckinney St
    Denton, TX 76201-4260
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.