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

    Loop 308, TX

    • Specialty properties
    • 2,450 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8947630
    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

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for Loop

    Lot size
    0.53 lot acres
    Property size
    2,450 SF
    Property type
    Specialty properties
    APN
    52549
    APU
    52549

    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
    308
    County
    Burnet
    State
    Texas
    Longitude
    -98.1823
    Latitude
    31.0389

    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
    2021
    $0.00
    $24,115
    $15,283
    $39,398
    -
    $24,115
    $15,283
    $39,398

    Comparable in this City

    • Value Estimation by Request
      510 SF

      Shorty Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 510 SF
      Shorty Ln, El Paso, TX
      View Details
    • Value Estimation by Request
      1,680 SF

      Old Blanco Rd, TX

      CHARITABLE ORGANIZATION • 1,680 SF
      Old Blanco Rd, TX
      View Details
    • Value Estimation by Request
      1,440 SF

      Schmittou Rd, TX

      CHARITABLE ORGANIZATION • 1,440 SF
      Schmittou Rd, TX
      View Details
    • Value Estimation
      $515,000
      12,048 SF

      N

      FUNERAL HOME • 12,048 SF
      N, Taylor Rd, TX
      View Details
    • Value Estimation by Request
      5.00 Acres

      Plano, TX

      CHARITABLE ORGANIZATION • 5.00 Acres
      Plano, TX
      View Details
    • Value Estimation by Request
      0.51 Acres

      Lasso Loop, TX

      CHARITABLE ORGANIZATION • 0.51 Acres
      Lasso Loop, TX
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Cypress Specialty Property For Sale

      Specialty property available for sale in Cypress, Houston.
      Address Not Disclosed Cypress, Houston, TX
      View Details
    • $1,000,000

      Water Well with Operating Permit

      Water well with operating permit near Huntsville, Texas.
      155 Davison Rd, Huntsville, TX
      View Details
    • Contact for pricing
      29,313 SF

      Waterfront Property on Lavaca Bay

      Waterfront property with barge slip on Lavaca Bay.
      Broadway St And Bayview St, Port Lavaca, TX
      View Details
    • Contact for pricing
      28,848 SF

      Pharr Cold Storage Building For Rent

      28,848 SF cold storage building near Pharr International Bridge.
      9800 S Keystone Dr, Pharr, TX
      View Details
    • $1,641,938
      10,500 SF

      New Taft Retail Investment Opportunity

      New construction Family Dollar with corporate guarantee along Highway 181.
      180 U S Highway 181, Taft, TX
      View Details
    • Contact for pricing
      9,956 SF

      Walgreens NNN Lease Investment Property

      New 15-year NNN lease with Walgreens Corporate in Anna, TX.
      701 S Buddy Hayes Blvd, Anna, TX
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,150 SF

      Beaumont Specialty Property for Lease

      Specialty property featuring community room, kitchen, and fenced yard.
      1595 Liberty Ave, Beaumont, TX
      View Details
    • Contact for pricing

      Wolfforth Specialty Property For Rent

      Specialty property available for rent in Wolfforth, Texas.
      9625 Hwy, Wolfforth, TX
      View Details
    • $27 SF/Yr
      20,000 SF

      New Construction Retail Space Available

      Modern retail space for lease in high-growth area.
      6002 Fm 3180 Rd, Cove, TX
      View Details
    • Contact for pricing

      Retail Property with Corporate Lease

      Retail property with a corporate-guaranteed lease and extension options.
      5803 Acc Rd, San Antonio, TX
      View Details
    • $3,700 /Mo
      2,200 SF

      Downtown Manor Daycare Opportunity

      2,200 SF daycare space in downtown Manor, Texas.
      101 E Boyce St, Manor, TX
      View Details
    • Contact for pricing
      8,314 SF

      Freestanding Daycare in Las Colinas

      Turnkey daycare facility in prime Las Colinas location.
      4961 N O'connor Rd, Irving, 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.
    Loop
    308, 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!