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

    John Dr Alvarado, TX 76009

    • Commercial land
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8059625
    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

    • Commercial land

    Property Details for John Dr

    Lot size
    1.00 lot acres
    Property type
    Commercial land
    APN
    126.2487.01050
    APU
    126248701050

    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
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.2081
    Latitude
    32.3455
    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
    2018
    $123
    $62,500
    $0.00
    $62,500
    -
    $62,500
    $0.00
    $62,500

    Comparable in this City

    • Value Estimation by Request
      1.24 Acres

      1001 Ray St

      VACANT COMMERCIAL LAND • 1.24 Acres
      1001 Ray St, Alvarado, TX 76009-9173
      View Details
    • Value Estimation by Request
      1.38 Acres

      4300 Longhorn Dr

      VACANT COMMERCIAL LAND • 1.38 Acres
      4300 Longhorn Dr, Alvarado, TX 76009-1445
      View Details
    • Value Estimation by Request
      0.52 Acres

      5545 Interstate 35th W35w

      VACANT COMMERCIAL LAND • 0.52 Acres
      5545 Interstate 35th W35w, Alvarado, TX 76009-6387
      View Details
    • Value Estimation by Request
      1.00 Acre

      John Dr

      VACANT COMMERCIAL LAND • 1.00 Acre
      John Dr, Alvarado, TX 76009
      View Details
    • Value Estimation by Request
      4.29 Acres

      John Dr

      VACANT COMMERCIAL LAND • 4.29 Acres
      John Dr, Alvarado, TX 76009
      View Details
    • Value Estimation by Request
      1.02 Acres

      John Dr

      VACANT COMMERCIAL LAND • 1.02 Acres
      John Dr, Alvarado, TX 76009
      View Details

    Similar Nearby for Sale

    • $225,000
      1.10 Acres

      Land For Sale in Alvarado

      One acre of land with utilities in Alvarado, Texas.
      408 N Parkway Dr, Alvarado, TX 76009
      View Details
    • $1,920,800
      48.02 Acres

      Alvarado Land For Sale

      48.02 acres of unimproved land in Alvarado, Texas.
      Tbd Gina Ln, Alvarado, TX 76009
      View Details
    • $695,000
      4.43 Acres

      Commercial Land in Burleson, TX

      Commercial zoned land near I-35W with road frontage.
      3301 N County Road 810, Alvarado, TX 76009
      View Details
    • Contact for pricing

      Alvarado Land Parcel For Sale

      Large land parcel suitable for industrial development in Alvarado, TX.
      598 County Road 607, Alvarado, TX 76009
      View Details
    • $428,000
      2.07 Acres

      Commercial Frontage Land on I-35W

      Unimproved land with commercial potential on I-35W in Burleson, TX.
      3816 S Burleson Blvd, Burleson, TX 76009
      View Details
    • New
      $295,000
      5.13 Acres

      Alvarado, TX Improved Land

      5.125 acre commercial land for sale in Alvarado, Texas.
      2301 County Road 401, Alvarado, TX 76009
      View Details

    Similar Nearby for Lease

    • $1,834,000

      Commercial Land with Highway Access

      Commercial land available for rent with highway visibility and access.
      945 Highway 67 E, Alvarado, TX 76009
      View Details
    • Contact for pricing
      846,371 SF

      6300 Asher Rd: Industrial Distribution Center

      19-Acre Distribution Center; Single Tenant
      6300 Asher Rd, Alvarado, TX 76009
      View Details
    • $11 SF/Yr
      6,000 SF

      Alvarado Industrial Park - For Lease

      6,000 SF Manufacturing/Flex Space Available
      8721 I-35W, Alvarado, TX 76009
      View Details
    • $7 SF/Yr
      5,000 SF

      Alvarado Warehouse with Overhead Doors

      5,000 SF warehouse featuring multiple overhead doors.
      12711 County Road 617, Alvarado, TX 76009
      View Details
    • $2,400 /Mo
      435,600 SF

      Alvarado Industrial Suites For Lease

      Two 1,600 SF industrial suites available for lease in Alvarado.
      8224 Frontage Rd, Alvarado, TX 76009
      View Details
    • $1,500 /Mo
      3,659 SF

      Compact Office Cabin on I-35

      512 sq ft office cabin built in 2018 on I-35.
      812 S Parkway Dr, Alvarado, TX 76009
      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.
    John Dr
    Alvarado, TX 76009
    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.