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

    716 Euless Blvd Euless, TX 76040-4442

    • Office buildings
    • 2,139 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6194786
    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 716 Euless Blvd

    Year built
    1960
    Lot size
    0.28 lot acres
    Property size
    2,139 SF
    Property type
    Office buildings
    APN
    --533G---A----1
    APU
    533GA1

    Description

    This exceptional mixed-use investment opportunity encompasses two Class A buildings totaling 15,420 square feet, situated on a 1.64-acre lot in Euless, Texas. The property features a blend of office (10,481 SF) and warehouse (4,939 SF) space, currently 100% occupied by thirteen tenants under gross lease agreements. The property boasts significant frontage along State Highway 10, providing excellent visibility and accessibility. Ample parking and fenced outside storage are included. The location offers convenient access to DFW International Airport, just a seven-minute drive away. The property's strong performance is reflected in its current Net Operating Income (NOI) of $133,708.85. Zoned TX-10, this sale/leaseback opportunity presents a compelling investment prospect with significant upside potential. The property is comprised of two buildings and offers a multi-tenant configuration. Further details regarding the purchase price are available upon request.

    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
    Euless
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0941
    Latitude
    32.8323
    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
    $3,760
    $48,516
    $181,751
    $230,267
    -
    $48,516
    $181,751
    $230,267

    Comparable in this City

    • Value Estimation
      $945,000
      5,863 SF

      2720 Euless Blvd

      OFFICE BUILDING • 5,863 SF
      2720 Euless Blvd, Euless, TX 76040-6616
      View Details
    • Value Estimation
      $560,000
      9,690 SF

      1004 Euless Blvd

      OFFICE BUILDING • 9,690 SF
      1004 Euless Blvd, Euless, TX 76040-5009
      View Details
    • Value Estimation by Request
      1,660 SF

      412 Industrial Blvd

      OFFICE BUILDING • 1,660 SF
      412 Industrial Blvd, Euless, TX 76040-4212
      View Details
    • Value Estimation
      $2,255,000
      14,925 SF

      801 Airport Fwy

      OFFICE BUILDING • 14,925 SF
      801 Airport Fwy, Euless, TX 76040-4313
      View Details
    • Value Estimation
      $2,835,000
      20,004 SF

      1601 Airport Fwy

      OFFICE BUILDING • 20,004 SF
      1601 Airport Fwy, Euless, TX 76040-4020
      View Details
    • Value Estimation
      $2,900,000
      75,733 SF

      150 Westpark Way

      OFFICE BUILDING • 75,733 SF
      150 Westpark Way, Euless, TX 76040-3962
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,125 SF

      Autumn Woods Medical Office Building

      Euless, TX Medical Office Space
      2275 Westpark Ct, Euless, TX 76040
      View Details
    • $799,000
      0.50 Acres

      Euless Commercial Building For Sale

      Commercial building in Euless, TX, ideal for various businesses.
      1203 Raider Dr, Euless, TX 76040
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    • $799,000

      Euless Commercial Building For Sale

      Commercial building ideal for various businesses in a central location.
      1203 Raider Dr, Euless, TX 76040
      View Details
    • $200,000
      0.50 Acres

      Euless Commercial Land - $200K

      Prime 0.5-acre C-2 zoned lot. High traffic location.
      121 Westpark Way, Euless, TX 76040
      View Details
    • $1,800,000
      51,277 SF

      Euless Warehouse with Heavy Power

      Industrial property in Euless, Texas, featuring heavy power and air conditioning.
      1050-1100 Pamela Dr, Euless, TX 76040
      View Details
    • $200,000

      Commercial Land For Sale

      0.50 acre commercial land ideal for retail uses.
      121 Westpark Way, Euless, TX 76040
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      17,478 SF

      Autumn Woods Medical Office Building

      Prime Medical Office Space Available
      2275 Westpark Ct, Euless, TX 76040
      View Details
    • $395 /Mo
      36,590 SF

      Renovated Medical Office Near Hospital

      Recently renovated medical office space near THR Hospital available for lease.
      425 Westpark Way, Euless, TX 76040
      View Details
    • $15 SF/Yr
      950 SF

      Euless Office Space Available

      950 square feet of office space for lease.
      301-323 Westpark Way, Euless, TX 76040
      View Details
    • $1,837 /Mo
      90,256 SF

      Move-In Ready Euless Office Space

      Move-in ready office space with private offices and restroom.
      610 S Industrial Blvd, Euless, TX 76040
      View Details
    • $1,837 /Mo

      Move-In Ready Euless Office Space

      Move-in ready office space with recent renovations and highway access.
      610 S Industrial Blvd, Euless, TX 76040
      View Details
    • $14 SF/Yr
      6,250 SF

      Euless Office Space For Lease

      Office space for lease with highway access and courtyard.
      1441 W Airport Fwy, Euless, TX 76040
      View Details
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    Euless, TX 76040-4442
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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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