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

    904 Lavon Cir Lavon, TX 75166-1919

    • Manufacturing properties
    • 12,000 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Feb 26, 2021
    Value Estimations
    $470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9214107
    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

    • Manufacturing properties

    Property Details for 904 Lavon Cir

    Year built
    2019
    Lot size
    1.00 lot acres
    Property size
    12,000 SF
    Property type
    Manufacturing properties
    APN
    R-10058-000-0040-1
    APU
    R1005800000401

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $520,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $420,000
      Market price range: $93.0k - $561k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $860,000
      OFFICE BUILDING
      $630,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Lavon
    County
    Collin
    State
    Texas
    Longitude
    -96.4544
    Latitude
    33.0157
    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
    2022
    $27,372
    $196,020
    $1,187,751
    $1,383,771
    -
    $196,020
    $1,187,751
    $1,383,771

    Comparable in this City

    • Value Estimation
      $270,000
      4,879 SF

      11201 State Hwy 205

      MANUFACTURING (LIGHT) • 4,879 SF
      11201 State Hwy 205, Lavon, TX 75166-1831
      View Details
    • Value Estimation
      $725,000
      40,762 SF

      925 Lavon Cir

      MANUFACTURING (LIGHT) • 40,762 SF
      925 Lavon Cir, Lavon, TX 75166-1876
      View Details
    • Value Estimation
      $280,000
      3.56 Acres

      10675 State Hwy 205

      MANUFACTURING (LIGHT) • 3.56 Acres
      10675 State Hwy 205, Lavon, TX 75166
      View Details
    • Value Estimation
      $345,000
      1,448 SF

      10637 State Hwy 205

      MANUFACTURING (LIGHT) • 1,448 SF
      10637 State Hwy 205, Lavon, TX 75166
      View Details
    • Value Estimation by Request
      10,700 SF

      10941-10945 State Highway 78

      Distribution properties • 10,700 SF
      10941-10945 State Highway 78, Lavon, TX 75166
      View Details
    • Value Estimation by Request
      21.11 Acres

      0000 State Hwy 78 Hwy

      Commercial real estate • 21.11 Acres
      0000 State Hwy 78 Hwy, Lavon, TX 75166
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,500 SF

      Lavon Warehouse with Showroom Space

      Two warehouses with showroom, income potential, and high visibility.
      12448 State Highway 205, Lavon, TX 75166
      View Details
    • $3,099,900
      15,500 SF

      Lavon Industrial Property: High Visibility

      Prime Industrial Investment Opportunity in Lavon, TX
      12446 State Highway 205, Lavon, TX 75166
      View Details
    • $3,258,288
      4.40 Acres

      Lavon Commercial Land - Prime Location

      4.4 acres, high-growth area, excellent retail potential.
      78 And Fm 6, Lavon, TX 75166
      View Details
    • Contact for pricing
      0.80 Acres

      Lavon Commercial Land - Hwy 205

      Prime Commercial Land, Hwy 205 Frontage
      10894 State Highway 205, Lavon, TX 75166
      View Details
    • $3,661,654
      4.67 Acres

      Corner Retail Site in Lavon

      4.67-acre corner retail site in rapidly growing Lavon, Texas.
      000 State Hwy 205 Hwy, Lavon, TX 75166
      View Details
    • Contact for pricing

      Lavon Land Along Highway 205

      0.8-acre property with high visibility in a growing area.
      10894 State Highway 205, Lavon, TX 75166
      View Details

    Similar Nearby for Lease

    • $2,550 /Mo
      87,120 SF

      Versatile Warehouses in Wylie East

      Newly constructed warehouses with customizable options and no triple net.
      705 Private Rd 5939, Lavon, TX 75166
      View Details
    • Contact for pricing
      13,070 SF

      Lavon Retail Space For Rent

      13,070 SF retail space in rapidly growing Lavon, Texas.
      701 S State Highway 78, Lavon, TX 75166
      View Details
    • $85,000

      Lavon Retail Ground Lease Opportunity

      0.89 acre retail space for ground lease in Lavon.
      Lavon, TX 75166
      View Details
    • Contact for pricing
      12,350 SF

      Lavon Retail Center: Prime Location

      New Retail/Restaurant Space Available in Lavon, TX
      9930 State Highway 78, Lavon, TX 75166
      View Details
    • $38 SF/Yr

      New Retail Building in Lavon

      14,715 SF retail building in a mixed-use development.
      Lavon, TX 75166
      View Details
    • $75,000

      Prime Land for Ground Lease

      0.63 acre lot ideal for retail or QSR.
      Lavon, TX 75166
      View Details
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    904 Lavon Cir
    Lavon, TX 75166-1919
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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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