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    9807 Farm Road 114 Clarksville, TX 75426
    Property profile & analytics

    9807 Farm Road 114 Clarksville, TX 75426

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    • Commercial real estate
    • 1,420 SF
    • 0.66 lot acres
    Off-Market
    Property ID
    US82-6030764
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 9807 Farm Road 114

    Lot size
    0.66 lot acres
    Property size
    1,420 SF
    Property type
    Commercial real estate

    Description

    This exceptional 0.66-acre residential lot, located at 9807 Farm Road 114 in Clarksville, Texas, presents a unique opportunity for building a custom home. Situated in Red River County, this property boasts a generous 1,420 square foot building allowance, perfect for a spacious family residence. The address is conveniently located within the 75426 zip code, offering easy access to local amenities and services. The land provides ample space for landscaping, outdoor activities, and creating your ideal living environment. With its prime location and substantial size, this lot is ideal for those seeking to build their dream home in a peaceful, yet accessible setting. The property is zoned for residential use and is ready for immediate development. Utilities are available, although specific connections and costs should be verified independently. Don't miss this chance to own a piece of Texas land and build the home you've always envisioned. The asking price for this remarkable property is $140,000. This represents an excellent investment opportunity in a desirable location. The property is conveniently located in Clarksville, offering a blend of rural tranquility and convenient access to urban amenities. The 3-bedroom allowance provides ample space for a comfortable family home.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Red River
    State
    Texas
    Longitude
    -94.864927
    Latitude
    33.625173

    Comparable in this City

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      Clarksville Fourplex: Investment Opportunity

      Fourplex in Clarksville, TX, offering immediate income and value-add potential.
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    • $449,900
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      Well-Maintained 10-Unit Apartment Complex

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      Income-Producing Four-Unit Apartment Building

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    • $99,900
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      Two Homes, One Smart Investment

      Two homes with renovation potential in a relaxed small town.
      1304/1306 West End Ave, Clarksville, TX 75426
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      4,416 SF

      Clarksville Fourplex with Development Potential

      Fourplex in Clarksville, TX with income and expansion possibilities.
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    Similar Nearby for Sale

    • $249,900

      Four Rental Houses in Clarksville

      Four rental houses with long-term renters, good investment return.
      N Locust St, Clarksville, TX 75426
      View Details
    • $269,000
      0.46 Acres

      Clarksville Fourplex: Investment Opportunity

      Fourplex in Clarksville, TX, offering immediate income and value-add potential.
      104 E South St, Clarksville, TX 75426
      View Details
    • $449,900
      5,618 SF

      Well-Maintained 10-Unit Apartment Complex

      10-unit apartment complex with consistent income and upside potential.
      401 South Donoho St, Clarksville, TX 75426
      View Details
    • $149,900

      Income-Producing Four-Unit Apartment Building

      Four apartments in Clarksville, TX, currently generating monthly income.
      1108 Main St, Clarksville, TX 75426
      View Details
    • $99,900
      0.55 Acres

      Two Homes, One Smart Investment

      Two homes with renovation potential in a relaxed small town.
      1304/1306 West End Ave, Clarksville, TX 75426
      View Details
    • Contact for pricing
      4,416 SF

      Clarksville Fourplex with Development Potential

      Fourplex in Clarksville, TX with income and expansion possibilities.
      104 W South St, Clarksville, TX 75426
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,996 SF

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    • $800 /Mo
      6,970 SF

      Clarksville Office Building For Rent

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      103 N College St, Clarksville, TX 75426
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    Clarksville, TX 75426
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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.

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