Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Boyd Rd, TX

    • Retail space
    • 185,807 SF
    • 14.03 lot acres
    OFF-MARKET
    Value Estimations
    $23,710,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0283202
    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

    • Retail space

    Property Details

    Year built
    2005
    Lot size
    14.03 lot acres
    Property size
    185,807 SF
    Property type
    Retail space
    APN
    10645-001-001-00
    APU
    1064500100100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $19,475,000
      Current use
      OFFICE BUILDING
      $34,160,000
      Change: +75% Conversion: Easy
      COMMERCIAL (GENERAL)
      $31,075,000
      Change: +60% Conversion: Easy
      AUTO REPAIR, GARAGE
      $24,640,000
      Change: +27% Conversion: Difficult
      RESTAURANT
      $19,965,000
      Change: +3% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $17,180,000
      Change: -12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Boyd Rd
    County
    Parker
    State
    Texas
    Longitude
    -97.5456
    Latitude
    32.9037
    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
    $236,479
    $2,444,410
    $8,928,590
    $11,373,000
    -
    $2,444,410
    $8,928,590
    $11,373,000

    Comparable in this City

    • Value Estimation
      $6,315,000
      46,422 SF

      Shops Blvd, TX

      RETAIL STORES (PERSONAL SERVICES) • 46,422 SF
      Shops Blvd, TX
      View Details
    • Value Estimation
      $2,120,000
      15,000 SF

      Highway

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      Highway, 199, TX
      View Details
    • Value Estimation
      $1,600,000
      10,000 SF

      S

      RETAIL STORES (PERSONAL SERVICES) • 10,000 SF
      S, Ih 45, TX
      View Details
    • Value Estimation
      $915,000
      6,780 SF

      20031 Hwy 155

      RETAIL STORES (PERSONAL SERVICES) • 6,780 SF
      20031 Hwy 155, S, TX
      View Details
    • Value Estimation
      $790,000
      5,528 SF

      S

      RETAIL STORES (PERSONAL SERVICES) • 5,528 SF
      S, Main St, TX
      View Details
    • Value Estimation
      $3,365,000
      24,054 SF

      W

      RETAIL STORES (PERSONAL SERVICES) • 24,054 SF
      W, Ih 20, TX
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Waterfront Commercial Property on Hwy 190

      Unique waterfront property with high visibility and income potential.
      13050 Us-190, Onalaska, TX
      View Details
    • Contact for pricing
      2,577 SF

      Net Lease Animal Hospital

      Corporate-backed animal hospital for sale in Richland Hills, TX.
      7610 Glenview Dr, Richland Hills, TX
      View Details
    • $1,790,000
      5,016 SF

      Lakeway Retail/Medical Office Space

      Single-story, renovated retail/medical office space in Lakeway, Texas.
      1700 Rnch Rd 620 S, Lakeway, TX
      View Details
    • Contact for pricing
      61,120 SF

      Vacant Retail Property in San Marcos

      Vacant 61,120 SF retail property in Premium Outlet Mall.
      3939 Ih 35 S, San Marcos, TX
      View Details
    • Contact for pricing
      1,377 SF

      Established Retail Space in Leander

      Profitable retail space in a rapidly developing mixed-use center.
      W Reagan Blvd, Leander, TX
      View Details
    • $440,000

      Versatile Property in Willis, TX

      Commercial/residential opportunity in Willis' rapidly expanding business corridor.
      123 Business Park Dr, Willis, TX
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      960 SF

      Retail Space on Justin Road

      Retail space with high visibility on Justin Road.
      1800-1862 Justin Rd, Highland Village, TX
      View Details
    • Contact for pricing
      3,858 SF

      Retail Space in Glade Parks

      Retail space available in a premier shopping destination.
      1321 Chisholm Trl, Euless, TX
      View Details
    • Contact for pricing
      1,528 SF

      Retail Space Near Southlake Square

      Retail space located near premier retail and dining destinations.
      1101 Hwy E, Southlake, TX
      View Details
    • Contact for pricing
      4,143 SF

      Retail and Restaurant Space Available

      Retail and restaurant space for lease with on-site parking.
      110 Jacob Fontaine Ln, Austin, TX
      View Details
    • Contact for pricing
      25,027 SF

      Grapevine Retail Power Center Space

      Retail space available in a prominent Grapevine shopping center.
      1217 Sh-114 W, Grapevine, TX
      View Details
    • $18 SF/Yr
      1,230 SF

      Retail Space in Haltom City

      Retail space for lease in HoffBrau's Steakhouse anchored center.
      4613 Denton Hwy, Haltom City, TX
      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.
    Boyd Rd, TX
    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.
    Sign Up Successful!
    You now have access to more from Realmo!