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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2319 Hall Johnson Rd Colleyville, TX 76034-5259

    • Office buildings
    • 6,256 SF
    • 1.11 lot acres
    OFF-MARKET
    Last Sale
    Jun 18, 2025
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2899675
    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

    • Office buildings

    Property Details for 2319 Hall Johnson Rd

    Year built
    1985
    Lot size
    1.11 lot acres
    Property size
    6,256 SF
    Property type
    Office buildings
    APN
    23790-1-2A
    APU
    2379012A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Colleyville
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1304
    Latitude
    32.892
    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
    $11,994
    $145,446
    $614,554
    $760,000
    -
    $145,446
    $614,554
    $760,000

    Comparable in this City

    • Value Estimation
      $1,905,000
      12,584 SF

      4209 Gtwy Dr

      OFFICE BUILDING • 12,584 SF
      4209 Gtwy Dr, Colleyville, TX 76034-7912
      View Details
    • Value Estimation
      $965,000
      13,160 SF

      6209 Colleyville Blvd

      OFFICE BUILDING • 13,160 SF
      6209 Colleyville Blvd, Colleyville, TX 76034-6439
      View Details
    • Value Estimation
      $765,000
      4,544 SF

      6207 Colleyville Blvd

      OFFICE BUILDING • 4,544 SF
      6207 Colleyville Blvd, Colleyville, TX 76034-8015
      View Details
    • Value Estimation
      $605,000
      3,231 SF

      4005 Gtwy Dr

      OFFICE BUILDING • 3,231 SF
      4005 Gtwy Dr, Colleyville, TX 76034-5928
      View Details
    • Value Estimation
      $785,000
      4,625 SF

      1304 Glade Rd

      OFFICE BUILDING • 4,625 SF
      1304 Glade Rd, Colleyville, TX 76034-4287
      View Details
    • Value Estimation
      $770,000
      4,483 SF

      1120 Glade Rd

      OFFICE BUILDING • 4,483 SF
      1120 Glade Rd, Colleyville, TX 76034-4229
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,000 SF

      Colleyville Office Buildings For Sale

      Office buildings with shell/turnkey options, available Summer 2025.
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    • $379,000
      0.03 Acres

      Colleyville Office Property For Sale

      Commercial property in a prime location, perfect for office use.
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      Colleyville Office Building - Prime Location

      Spacious office building, low utilities, flexible layout.
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    • $1,244,950
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      Colleyville Executive Office Suite

      7,114 SF Office, Prime Location
      85 Village Ln, Colleyville, TX 76034
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    • $749,800
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      Colleyville Office Space For Sale

      Office property with 1155 square feet available in Colleyville, TX.
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    • $965,000
      3,930 SF

      Remodeled Colleyville Office/Warehouse Space

      Remodeled flex space in Colleyville with CC-3 zoning.
      120 Acuff Ln, Colleyville, TX 76034
      View Details

    Similar Nearby for Lease

    • $34 SF/Yr
      5,000 SF

      Colleyville Office Buildings Available

      Office buildings with flexible options available Summer 2025.
      8060 Precinct Line Rd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      4,675 SF

      Stand-Alone Office Building For Rent

      4,675 SF office building, ideal for single tenant.
      820 Central Dr, Colleyville, TX 76034
      View Details
    • $18 SF/Yr
      5,683 SF

      Colleyville Office/Medical Suites Available

      Move-in ready office/medical suites with signage and tenant improvement allowance.
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    • $20 SF/Yr
      1,500 SF

      Professional Office Space Available

      Professional office space with shared conference room and high-speed internet.
      1001 Glade Rd, Colleyville, TX 76034
      View Details
    • $5,000 /Mo
      19,166 SF

      Colleyville Office Space For Lease

      Modern office space with flexible layout in prime location.
      5708 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • $15 SF/Yr
      12,796 SF

      Colleyville Coworking Office Space

      Modern Coworking Suites Available Now
      4209 Gateway Dr, Colleyville, TX 76034
      View Details
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    2319 Hall Johnson Rd
    Colleyville, TX 76034-5259
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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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