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    Property profile & analytics

    3201 Luisa Ln Alvarado, TX 76009

    • Distribution centers
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3544172
    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

    • Distribution centers

    Property Details for 3201 Luisa Ln

    Property type
    Distribution centers

    Description

    This exceptional single-tenant warehouse property, located at 3201 Luisa Ln #C, offers 1,200 square feet of versatile space ideal for a variety of businesses. The property boasts a highly functional layout, featuring large 12x12 foot front doors and equally sizable 12x16 foot rear doors, ensuring efficient loading and unloading of goods. Beyond the expansive warehouse area, the property includes a significant advantage: a dedicated private office, providing a professional and separate workspace for administrative tasks or client meetings. A private bathroom is also conveniently located within the unit, enhancing the overall convenience and privacy for occupants. The property type is classified as Retail, Office, and Industrial, reflecting its adaptability to diverse operational needs. The single-tenant occupancy ensures exclusive use of the entire space, eliminating shared space concerns. This property presents a rare opportunity to secure a well-appointed warehouse space with added office and bathroom amenities in a convenient location. Its combination of size, accessibility, and private office space makes it an attractive option for businesses seeking a functional and efficient workspace. Inquire today to learn more about this exceptional opportunity.

    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
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.1758187
    Latitude
    32.4774269

    Comparable in this City

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      Alvarado Warehouse with Overhead Doors

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      Alvarado Warehouse Space Available

      5,000 SF warehouse space with grade level doors.
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      Alvarado Warehouse Space Available

      3,500 SF warehouse space with grade-level doors for lease.
      12717 County Road 617, Alvarado, TX 76009
      View Details

    Similar Nearby for Sale

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      52,000 SF

      Alvarado Warehouse Near Highways

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      I-35W Warehouse with Yard

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      Corner-Lot Commercial Property Near I-35

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      Commercial Office Property in Alvarado

      8,350 SF commercial property on over half an acre.
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      Burleson Industrial Warehouse - I-35 Frontage

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      Alvarado Industrial Land - $6M

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    Similar Nearby for Lease

    • $11 SF/Yr
      6,000 SF

      Alvarado Industrial Park - For Lease

      6,000 SF Manufacturing/Flex Space Available
      8721 I-35W, Alvarado, TX 76009
      View Details
    • Contact for pricing
      846,371 SF

      6300 Asher Rd: Industrial Distribution Center

      19-Acre Distribution Center; Single Tenant
      6300 Asher Rd, Alvarado, TX 76009
      View Details
    • $2,400 /Mo
      435,600 SF

      Alvarado Industrial Suites For Lease

      Two 1,600 SF industrial suites available for lease in Alvarado.
      8224 Frontage Rd, Alvarado, TX 76009
      View Details
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      3,500 SF

      Alvarado Warehouse Space Available

      3,500 SF warehouse space with grade-level doors for lease.
      12717 County Road 617, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      5,000 SF

      Alvarado Warehouse Space Available

      5,000 SF warehouse space with grade level doors.
      12713 County Road 617, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      5,000 SF

      Alvarado Warehouse with Overhead Doors

      5,000 SF warehouse featuring multiple overhead doors.
      12711 County Road 617, Alvarado, TX 76009
      View Details
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    3201 Luisa Ln
    Alvarado, TX 76009
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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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