Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    9477 Fort Worth Dr Argyle, TX 76226

    • Medical offices
    • 2,500 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1869082
    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

    • Medical offices

    Property Details for 9477 Fort Worth Dr

    Year built
    2016
    Lot size
    0.99 lot acres
    Property size
    2,500 SF
    Property type
    Medical offices
    APN
    R675757

    Description

    This exceptional Argyle, Texas office complex, situated on a 0.99-acre lot at 9477 Fort Worth Dr (zip code 76226), presents a unique investment opportunity. The property, currently zoned Residential (R2) but with potential for commercial use (buyer to verify), boasts 2,500 square feet of space spread across five one-story buildings, constructed in 2016. Each building offers approximately 500 square feet, ideal for various office configurations, including executive suites, medical offices, or traditional office layouts. The asking price is $1,800,000, translating to $720 per square foot. The property's location on busy Fort Worth Drive ensures high visibility and accessibility. Ample parking is available, and the expansive lot allows for potential future expansion or the addition of landscaped areas. A distinctive feature is the possibility of equestrian amenities, offering a unique work-life balance. This blend of urban convenience and rural charm makes it an attractive option for businesses seeking a distinctive and productive environment. The property's APN is R675757. Potential buyers are advised to independently verify zoning and any applicable restrictions.

    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
    Argyle
    County
    Denton
    State
    Texas
    Longitude
    -97.1757948
    Latitude
    33.1364317

    Comparable in this City

    • $675,000
      1,302 SF

      Argyle Office Building - High Visibility

      Prime Argyle location, high traffic, office/retail zoned.
      606 Highway 377, Argyle, TX 76226
      View Details
    • Contact for pricing
      1,356 SF

      Downtown Argyle Office with Expansion

      Office in downtown Argyle with high visibility and expansion potential.
      102 Dallas St, Argyle, TX 76226
      View Details
    • $14,500,000
      25.23 Acres

      Argyle Station: Prime Commercial Land

      25-acre commercial land, high-growth area.
      377 At Country Clb, Argyle, TX 76226
      View Details
    • Contact for pricing
      4,983 SF

      Argyle Restaurant - Prime Location

      4,983 SF Restaurant, NNN Lease
      421 Us Highway 377, Argyle, TX 76226
      View Details
    • Contact for pricing

      Land with High Visibility

      Land suitable for various uses with utilities available.
      816 Highway 377 N, Argyle, TX 76226
      View Details
    • $42,636,092
      97.88 Acres

      Prime Land with Development Potential

      97.88 acres of unimproved land in high-growth Argyle, Texas.
      Tbd Acres 98+/- I35W, Argyle, TX 76226
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,356 SF

      Downtown Argyle Office with Expansion

      Office in downtown Argyle with high visibility and expansion potential.
      102 Dallas St, Argyle, TX 76226
      View Details
    • $675,000
      1,302 SF

      Argyle Office Building - High Visibility

      Prime Argyle location, high traffic, office/retail zoned.
      606 Highway 377, Argyle, TX 76226
      View Details
    • $14,500,000
      25.23 Acres

      Argyle Station: Prime Commercial Land

      25-acre commercial land, high-growth area.
      377 At Country Clb, Argyle, TX 76226
      View Details
    • Contact for pricing
      4,983 SF

      Argyle Restaurant - Prime Location

      4,983 SF Restaurant, NNN Lease
      421 Us Highway 377, Argyle, TX 76226
      View Details
    • Contact for pricing

      Land with High Visibility

      Land suitable for various uses with utilities available.
      816 Highway 377 N, Argyle, TX 76226
      View Details
    • $42,636,092
      97.88 Acres

      Prime Land with Development Potential

      97.88 acres of unimproved land in high-growth Argyle, Texas.
      Tbd Acres 98+/- I35W, Argyle, TX 76226
      View Details

    Similar Nearby for Lease

    • $36 SF/Yr
      12,000 SF

      Northlake Office Space For Lease

      Modern Medical/Office Suites in Northlake, TX
      0 Robson Ranch Rd, Northlake, TX 76226
      View Details
    • $6,000 /Mo
      69,435 SF

      New Retail and Office Space

      New 28,000 SF modern building with office, medical, restaurant, gym.
      8595 Highway 377, Argyle, TX 76226
      View Details
    • $24 SF/Yr
      1,212 SF

      Argyle Office/Retail Space Available

      Office/Retail space available for rent in Argyle, Texas.
      144 N Old Town Blvd, Argyle, TX 76226
      View Details
    • $8,800 /Mo
      30,492 SF

      Office Space in Argyle, TX

      Office space available for lease in Argyle, Texas.
      811a Stonecrest Rd, Argyle, TX 76226
      View Details
    • $17 SF/Yr
      20,000 SF

      Argyle Flex Space Available

      Modern flex space, Argyle, TX. High visibility.
      304 Fm 1830, Argyle, TX 76226
      View Details
    • Contact for pricing
      1,404 SF

      Retail Space on FM 407

      Retail space with frontage on FM 407 in Argyle, TX.
      125 Fm 407 East, Argyle, TX 76226
      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.
    9477 Fort Worth Dr
    Argyle, TX 76226
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.