Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8040 Hwy 321 Dayton, TX 77535-5833

    • Commercial real estate
    • 3,778 SF
    • 4.02 lot acres
    OFF-MARKET
    Last Sale
    Nov 03, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2562825
    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 8040 Hwy 321

    Year built
    1993
    Lot size
    4.02 lot acres
    Property size
    3,778 SF
    Property type
    Commercial real estate
    APN
    R46944
    APU
    R46944

    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
    Dayton
    County
    Liberty
    State
    Texas
    Longitude
    -94.9239
    Latitude
    30.1143
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, 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
    $6,154
    $184,750
    $209,340
    $394,090
    -
    $184,750
    $209,340
    $394,090

    Comparable in this City

    • Value Estimation by Request
      49.60 Acres

      Fm 686

      Farms • 49.60 Acres
      0 Fm 686, Dayton, TX 77535
      View Details
    • Value Estimation by Request
      0.51 Acres

      130 County Rd 428

      COMMERCIAL (GENERAL) • 0.51 Acres
      130 County Rd 428, Dayton, TX 77535-4570
      View Details
    • Value Estimation by Request
      7.70 Acres

      2528 Fm 686

      COMMERCIAL (GENERAL) • 7.70 Acres
      2528 Fm 686, Dayton, TX 77535-4310
      View Details
    • Value Estimation by Request
      1,536 SF

      104 Idaho

      COMMERCIAL (GENERAL) • 1,536 SF
      104 Idaho, Dayton, TX 77535
      View Details
    • Value Estimation
      $905,000
      8,568 SF

      117 Church Stcook

      COMMERCIAL (GENERAL) • 8,568 SF
      117 Church Stcook, Dayton, TX 77535-2601
      View Details
    • Value Estimation by Request
      2,880 SF

      2265 Farm To Market 2830

      COMMERCIAL (GENERAL) • 2,880 SF
      2265 Farm To Market 2830, Dayton, TX 77535
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

      Dayton, TX Commercial Land Investment

      ±15 Acres, Hwy 146 Frontage, Zoned Commercial
      1300 State Highway 146, Dayton, TX 77535
      View Details
    • $239,000
      1.00 Acre

      Dayton Acre - Hwy 321 Frontage

      Prime Commercial Land, High Traffic Area
      0 Tx-321, Dayton, TX 77535
      View Details
    • Contact for pricing
      4.34 Acres

      Dayton, TX Commercial Land

      Prime Commercial Land, Divisible Lots
      1413 Dayton Tx 77535, Dayton, TX 77535
      View Details
    • Contact for pricing
      25.00 Acres

      Prime Bridge Street Office Space

      4,200 sq ft Single-Tenant Office
      146 & Fm 1413, Dayton, TX 77535
      View Details
    • $3,600,000
      20.00 Acres

      Dayton, TX Commercial Land

      20 Acres, Industrial Building, High Growth
      8458 Fm 1960, Dayton, TX 77535
      View Details
    • $3,000,000
      8.52 Acres

      Dayton TX Commercial Land

      8.52 Acres, Hwy 90 Frontage
      3575 Us-90, Dayton, TX 77535
      View Details

    Similar Nearby for Lease

    • $82,872
      78,844 SF

      Gateway Center Dayton: 1.81 Acres

      Prime Dayton land, single-tenant ground lease.
      0 Dayton Tx, Dayton, TX 77535
      View Details
    • Contact for pricing
      214,800 SF

      Dayton, TX Executive Office/Warehouse

      Class A, 214,800 SF, 300 Acres
      13850 State Highway 146, Dayton, TX 77535
      View Details
    • Contact for pricing
      225,641 SF

      5 Acres Commercial Land, Liberty County

      Cleared Land, City Utilities, Hwy 90 Access
      553 County Rd 601, Dayton, TX 77535
      View Details
    • Contact for pricing
      320,400 SF

      Dayton, TX Industrial Campus

      300-Acre Executive Office/Warehouse
      13800 State Highway 146, Dayton, TX 77535
      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.
    8040 Hwy 321
    Dayton, TX 77535-5833
    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

    Google sign-in failed. Please try again or use another login method.