Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4521 County Rd 616 Alvarado, TX 76009-6184
    Back to Search
    Property profile & analytics

    4521 County Rd 616, Alvarado, TX 76009-6184

    View on Map
    • Industrial properties
    • 1,200 SF
    • 2.97 lot acres
    Off-Market
    Property ID
    US82-9153574
    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

    • DY Concrete Pumps Inc. / Industrial Manufacturer / Production Facility

    Property Details for 4521 County Rd 616

    Year built
    2002
    Lot size
    2.97 lot acres
    Property type
    Industrial properties
    APN
    126.0195.90055
    APU
    126019590055

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 18, 2007 — Hoad INC Mouser Family LP 1 Grant Deed · related —

    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
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.1672
    Latitude
    32.515
    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
    2024
    $2,516
    $129,417
    $22,791
    $152,208
    -
    $129,417
    $22,791
    $152,208

    Comparable in this City

    • Value Estimation
      $1,075,000
      60,000 SF

      1400 Hwy 67

      INDUSTRIAL (GENERAL)
      1400 Hwy 67, Alvarado, TX 76009-4010
      View Details
    • Value Estimation
      $5,075,000
      77,690 SF

      8653 Hwy 67

      INDUSTRIAL (GENERAL)
      8653 Hwy 67, Alvarado, TX 76009-4012
      View Details
    • Value Estimation
      $8,860,000
      122,400 SF

      4545 J D Mouser Pkwy

      INDUSTRIAL (GENERAL)
      4545 J D Mouser Pkwy, Alvarado, TX 76009-5158
      View Details
    • Value Estimation
      $835,000
      24,726 SF

      Ih 35w

      INDUSTRIAL (GENERAL)
      Ih 35w, Alvarado, TX 76009
      View Details
    • Value Estimation by Request
      16,000 SF

      4209 Longhorn Dr

      Distribution properties
      4209 Longhorn Dr, Alvarado, TX 76009
      View Details
    • Value Estimation by Request
      33,540 SF

      8721 I-35W

      Flex space
      8721 I-35W, Alvarado, TX 76009
      View Details

    Similar Nearby for Sale

    • $550,000
      1.10 Acres

      Retail and Flex Building

      Front retail with back storage, private office, and bathrooms on a high-visibility, high-traffic lot.
      400 Highway 67 E, Alvarado, TX 76009
      View Details
    • Contact for pricing
      52,000 SF

      New Alvarado Flex Space Complex

      Nine-building complex with suites available, built 2020-2024.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • Contact for pricing

      I-35W Warehouse with Yard

      23,400 SF warehouse on 2.3 acres near I-35W.
      6921 Cow Pasture St, Alvarado, TX 76009
      View Details
    • Contact for pricing
      5,000 SF

      Metal Building with Highway Frontage

      5000+ sq ft metal building with office and residential home.
      4728 Highway 67 E, Alvarado, TX 76009
      View Details
    • Contact for pricing
      52,000 SF

      Available Warehouse Space For Sale

      52,000 SF warehouse space with grade-level doors, parking.
      12713 Private Access 61702, Alvarado, TX 76009
      View Details
    • $175,000
      1.48 Acres

      Industrial Land with Metal Shop

      1.48 acres with a slab-on-grade metal shop and two metal carports, offering flexible space near I-35W access points.
      153 Quail Haven St, Alvarado, TX 76009
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr

      Industrial Suites Near Highways

      Move-in ready industrial suites with highway access and ample parking.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • Contact for pricing

      Three-Building Industrial Complex For Rent

      Gated industrial complex with flexible space and easy highway access.
      12544 Fm 917, Alvarado, TX 76009
      View Details
    • Contact for pricing
      3,000 SF

      Alvarado Warehouse with Office

      3,600 SF warehouse space featuring office and restroom.
      4584 J D Mouser Pkwy, Alvarado, TX 76009
      View Details
    • Contact for pricing
      4,000 SF

      Warehouse Space Near Alvarado

      2400 sq ft warehouse space available for lease.
      4552-4568 J D Mouser Pkwy, Alvarado, TX 76009
      View Details
    • Contact for pricing
      9,600 SF

      9,600 SF Flex Space Available

      Flex space featuring office and warehouse components for lease.
      4544 Maxey Rd, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      2,500 SF

      Industrial Space Near Major Highways

      Move-in ready industrial suites with highway access.
      4632 County Road 617, Alvarado, TX 76009
      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.
    4521 County Rd 616
    Alvarado, TX 76009-6184
    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
    4521 County Rd 616, Alvarado, TX, 76009
    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!