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    Property profile & analytics

    4550 Forest Hill Cir Forest Hill, TX 76140

    • Commercial real estate
    • 27.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2749173
    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

    • Commercial real estate

    Property Details for 4550 Forest Hill Cir

    Lot size
    27.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 27.3101-acre property presents a remarkable development opportunity in Forest Hill, Texas. Situated on Forest Hill Circle, it offers immediate access to Interstate 20, ensuring excellent connectivity. The site boasts a substantial developable area of approximately 23.1 acres, accounting for a 300-foot gas well setback. Utilities are readily available on-site, simplifying infrastructure development. Beyond the main access point on Forest Hill Circle, the property benefits from four additional access points on Casey Avenue, Griggs Street, Twin Oaks Drive, and Wanda Lane, providing versatile development options and enhanced accessibility. Its strategic location provides close proximity to a range of amenities, including schools, shopping centers, restaurants, and parks, making it an attractive location for residential development. The property is located in Tarrant County, Texas, with a zip code of 76140, and its coordinates are 32.6583924 latitude and -97.25719355 longitude. Contact us for pricing and further details.

    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
    Forest Hill
    County
    Tarrant
    State
    Texas
    Longitude
    -97.25719355
    Latitude
    32.6583924

    Comparable in this City

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    • New
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      New Quadplex with Long-Term Leases

      2022 build, 100% occupied quadplex in Forest Hill, TX.
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    • $499,000
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      New Duplex in Forest Hill

      New, fully occupied duplex with long-term leases in place.
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      86.00 Acres

      I-20 Frontage: 86 Acres in Texas

      Prime Commercial Land, High Visibility
      3001 Forest Hill Cir, Forest Hill, TX 76140
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    • $2,852,745
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      Fort Worth Development Land Opportunity

      Two development sites available in Fort Worth, TX.
      8932 Balch St, Fort Worth, TX 76140
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    • New
      $50,000
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      Residential Lot in Everman, TX

      Residential-zoned lot ready for a custom dream home.
      401 N Hansbarger St, Everman, TX 76140
      View Details

    Similar Nearby for Sale

    • $15,000,000
      73.00 Acres

      Fort Worth Commercial Land Development

      73 Acres, Multifamily Zoning, Lakefront
      1201 Mcpherson Rd, Fort Worth, TX 76140
      View Details
    • $499,000
      0.12 Acres

      New Duplex in Forest Hill

      New, fully occupied duplex with long-term leases in place.
      1601-1602 Boxwood Ln, Forest Hill, TX 76140
      View Details
    • New
      $999,000
      0.23 Acres

      New Quadplex with Long-Term Leases

      2022 build, 100% occupied quadplex in Forest Hill, TX.
      1401-1404 Boxwood Ln, Forest Hill, TX 76140
      View Details
    • Contact for pricing
      2.49 Acres

      Everman Industrial Land Opportunity

      2.49-acre lot, Light Industrial zoning
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      Industrial Land For Sale

      2.49 acres of industrial land available for sale.
      332 Thomas Pl, Fort Worth, TX 76140
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      27.31 Acre Development Land

      27.31 acres of developable land with utilities available.
      4550 Forest Hill Cir, Forest Hill, TX 76140
      View Details

    Similar Nearby for Lease

    • $1,595 /Mo
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      Updated Townhome with Fenced Yard

      Remodeled townhome featuring new flooring, kitchen, and updated bathrooms.
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    • $1,495 /Mo
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      Updated Townhome with Fenced Yard

      Remodeled townhome featuring new flooring, kitchen, and updated bathrooms.
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      Commercial Land For Lease

      Commercial land available near Starbucks, Cheddar's, and Chipotle.
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    • $4,000 /Mo

      Spacious Land with Existing Building

      Almost 5 acres of land with a 3,579 SF building.
      5770 Rendon Bloodworth Rd, Fort Worth, TX 76140
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      Land Available Near Interstate 20

      Commercial land for lease with highway visibility and high traffic.
      3000 Forest Hill Cir, Forest Hill, TX 76140
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      9,650 SF

      Fort Worth Warehouse: 9,650 SF

      Single-tenant industrial warehouse in Fort Worth.
      8950 Forum Way, Fort Worth, TX 76140
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    4550 Forest Hill Cir
    Forest Hill, TX 76140
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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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