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    7111 Colleyville Blvd Colleyville, TX 76034
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    Property profile & analytics

    7111 Colleyville Blvd, Colleyville, TX 76034

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    • Office buildings
    • 2,020 SF
    • 1.26 lot acres
    For Sale
    $1,200,000
    View Listing →
    Colleyville Commercial Land Opportunity For Sale
    $1,200,000
    2,020 SF

    Colleyville Commercial Land Opportunity

    Prime commercial land with office/shop building in a desirable location.

    7111 Colleyville Boulevard, Colleyville, TX 76034
    View Listing
    Property ID
    US82-5185345
    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
    9.8%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Unique Landscaping / Landscaping / General Contractor

    Property Details for 7111 Colleyville Blvd

    Year built
    1985
    Lot size
    1.26 lot acres
    Property type
    Office buildings
    APN
    -6280----1----1---20
    APU
    62801120

    Description

    This exceptional commercial property presents a rare opportunity in the thriving Colleyville market. Situated on a sizable 1.26-acre lot, this property boasts 2,020 square feet of versatile space, ideal for a variety of commercial uses. The building offers a blend of office and shop space, providing ample room for both administrative functions and operational needs. A key advantage is the secure, fenced yard, perfect for storing equipment or vehicles, making it particularly suitable for contractors or businesses requiring secure outdoor storage. The property's location on Colleyville Boulevard provides exceptional visibility and direct access to Highway 26, ensuring high traffic exposure and convenient access for clients and employees. Ample parking is available on-site, accommodating both staff and customers. The existing structure offers a solid foundation for immediate occupancy, while the expansive lot allows for potential future expansion to meet growing business needs. This prime retail location in a highly visible area presents a unique opportunity for businesses seeking a prominent presence in a desirable Colleyville location. The combination of size, location, and features makes this property a truly exceptional investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $620,000
      6.5%
      $575,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $546,000
      Market price range: $140k - $547k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $335,000
      Current use
      COMMERCIAL (GENERAL)
      $395,000
      Change: +17% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Colleyville
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1333
    Latitude
    32.9113
    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
    $12,135
    $439,432
    $330,568
    $770,000
    -
    $439,432
    $330,568
    $770,000

    Comparable in this City

    • Value Estimation
      $1,395,000
      18,531 SF

      5712 Colleyville Blvd

      OFFICE BUILDING
      5712 Colleyville Blvd, Colleyville, TX 76034-6066
      View Details
    • Value Estimation
      $1,560,000
      8,672 SF

      1821 John Mccain Rd

      OFFICE BUILDING
      1821 John Mccain Rd, Colleyville, TX 76034-6463
      View Details
    • Value Estimation
      $550,000
      5,865 SF

      5316 Bransford Rd

      OFFICE BUILDING
      5316 Bransford Rd, Colleyville, TX 76034-3547
      View Details
    • Value Estimation
      $740,000
      15,234 SF

      4109 Brown Trl

      OFFICE BUILDING
      4109 Brown Trl, Colleyville, TX 76034-3998
      View Details
    • Value Estimation by Request
      3,260 SF

      607 Cheek Sparger Rd

      OFFICE BUILDING
      607 Cheek Sparger Rd, Colleyville, TX 76034-3883
      View Details
    • Value Estimation
      $900,000
      13,160 SF

      6201 Colleyville Blvd

      OFFICE BUILDING
      6201 Colleyville Blvd, Colleyville, TX 76034-6236
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Colleyville Office Building For Sale

      Office building in affluent Colleyville suburb near dining and shopping.
      85 Village Ln, Colleyville, TX 76034
      View Details
    • Contact for pricing
      5,000 SF

      Colleyville Office Buildings Available

      Office buildings with flexible options available Summer 2025.
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      Upscale Professional Office Asset

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      5,000 SF

      Colleyville Office Buildings For Sale

      Office buildings with shell/turnkey options, available Summer 2025.
      8054 Precinct Line Rd, Colleyville, TX 76034
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    • $379,000
      0.03 Acres

      Colleyville Office Property For Sale

      Commercial property in a prime location, perfect for office use.
      7137 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • New
      $1,444,999
      0.30 Acres

      Colleyville Stand-Alone Building For Sale

      Stand-alone building in a vibrant business district, suitable for various uses.
      5017 Colleyville Blvd, Colleyville, TX 76034
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Colleyville Office Space Available

      Office spaces for rent in Colleyville, ranging from 1,614-3,175 SqFt.
      4209 Gateway Dr, Colleyville, TX 76034
      View Details
    • Contact for pricing
      1,473 SF

      Luxury Garden Office Space

      Office space in Colleyville with affluent neighborhood access.
      1117 Glade Rd, Colleyville, TX 76034
      View Details
    • $5,000 /Mo

      Colleyville Office Space For Rent

      Office space available for lease in Colleyville, Texas.
      5708 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      2,608 SF

      Colleyville Office Space For Rent

      Office space available for lease in Colleyville, Texas.
      1201 Hall Johnson Rd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      2,741 SF

      Colleyville Blvd Office Space

      Professional office space available in Colleyville, Texas.
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      View Details
    • Sponsored
      Contact for pricing

      TX, Colleyville - Village Lane

      Workspaces, services and support to help you work better in FL, Winter Haven - 3rd St NW
      97 Village Ln, Colleyville, TX 76034
      View Details
    View Listing
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    Colleyville, TX 76034
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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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    7111 Colleyville Blvd, Colleyville, TX, 76034
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