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

    875 Straus Rd Cedar Hill, TX 75104

    • Office buildings
    • 7,377 SF
    • 0.62 lot acres
    For Lease
    View listing
    $1,200 /Mo
    Value Estimations
    $510,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4148308
    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

    • Jim Johnson Homes / Home Builder
    • Clark-Patton Insurance Inc / Insurance Agency / Auto Insurance Agency
    • Edward Jones - Financial Advisor: Charles D Peyton, AAMS™ / Stock Broker / Financial Consultant
    • Foundation Repair Specialists of Cedar Hill / Concrete Contractor
    • Mark J Carroll / Attorney / Family Law Attorney

    Property Details for 875 Straus Rd

    Year built
    2004
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    7,377 SF
    Zone code
    Z201
    Property type
    Office buildings
    APN
    160156500A0010000
    APU
    160156500A0010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $649,000
      Market price range: $527k - $1.33M

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.9514
    Latitude
    32.6037
    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
    $16,271
    $53,750
    $646,250
    $700,000
    -
    $53,750
    $646,250
    $700,000

    Comparable in this City

    • Value Estimation by Request
      714 SF

      227 Texas St

      OFFICE BUILDING • 714 SF
      227 Texas St, Cedar Hill, TX 75104-2613
      View Details
    • Value Estimation by Request
      1,232 SF

      800 Belt Line Rd

      OFFICE BUILDING • 1,232 SF
      800 Belt Line Rd, Cedar Hill, TX 75104-1949
      View Details
    • Value Estimation by Request
      1,750 SF

      220 Hwy 67

      OFFICE BUILDING • 1,750 SF
      220 Hwy 67, Cedar Hill, TX 75104-2703
      View Details
    • Value Estimation
      $510,000
      6,000 SF

      101 J Elmer Weaver Fwy

      OFFICE BUILDING • 6,000 SF
      101 J Elmer Weaver Fwy, Cedar Hill, TX 75104
      View Details
    • Value Estimation by Request
      1,252 SF

      216 Belt Line Rd

      OFFICE BUILDING • 1,252 SF
      216 Belt Line Rd, Cedar Hill, TX 75104-2009
      View Details
    • Value Estimation by Request
      1,888 SF

      408 Belt Line Rd

      OFFICE BUILDING • 1,888 SF
      408 Belt Line Rd, Cedar Hill, TX 75104-2091
      View Details

    Similar Nearby for Sale

    • $400,000

      Office-Warehouse Space Near Highway 67

      3,500 SF office-warehouse ideal for various business uses.
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      View Details
    • $699,900
      2.28 Acres

      Versatile Office Building on Acreage

      Well-maintained office building on 2.275 acres with high visibility.
      1400 Kari Ann Dr, Cedar Hill, TX 75104
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    • Contact for pricing
      2.38 Acres

      Preston Trail Center: Prime Commercial Lot

      2.378-acre vacant lot, ideal for various uses.
      0 Sec Of Fm 1382 & Struass Rd, Cedar Hill, TX 75104
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    • Contact for pricing

      Prime Land in Cedar Hill

      1.812 acres for retail or office use in Cedar Hill.
      500 W Fm 1382, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Land Available in Cedar Hill

      Land for sale at 801 E Belt Line Rd, Cedar Hill.
      801 E Belt Line Rd, Cedar Hill, TX 75104
      View Details
    • $600,000

      Cedar Hill Development Site

      4.98 acre commercial land for office or retail development.
      3 S Clark Rd, Cedar Hill, TX 75104
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      13,852 SF

      Cedar Hill Commercial Lease Opportunity

      High-visibility space ideal for retail, office, or service-based businesses.
      216 W Belt Line Rd, Cedar Hill, TX 75104
      View Details
    • $22 SF/Yr
      75,104 SF

      Uptown Village Executive Suites

      Class A Office Space, Dallas County
      610 Uptown Blvd, Cedar Hill, TX 75104
      View Details
    • $3,400 /Mo
      1,600 SF

      Office Space on Belt Line

      Office space for rent with prime frontage and ample parking.
      316 W Belt Line Rd, Cedar Hill, TX 75104
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    • $2,699 /Mo
      42,732 SF

      Renovated Office Space Available

      Newly renovated office space with ample parking in Cedar Hill.
      329 Cooper St, Cedar Hill, TX 75104
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    • $3,800 /Mo

      Highway Frontage Commercial Office Space

      Prime Cedar Hill office space with highway frontage available for lease.
      311 Highway 67 S, Cedar Hill, TX 75104
      View Details
    • $1,500 /Mo
      31,555 SF

      Retail/Office Space in Cedar Hill

      Storefront in strip center with good traffic and street signage.
      320 S Clark Rd, Cedar Hill, TX 75104
      View Details
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    875 Straus Rd
    Cedar Hill, TX 75104
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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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