Free Preliminary Valuation
What's your Texas commercial property worth?
Get an instant, cap-rate-based value range for your property in about 60 seconds. The number is free and nothing is gated — no email, no phone, no account.
Then, if you want the real analysis, request a Broker Opinion of Value — prepared personally by Zachary A. Stovall, CRECO's broker/owner.
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Tenants, owners & investors
HQ in Fair Oaks Ranch
Your property
Tell us about it.
We need property type and submarket. The other fields make the range tighter — fill in what you know, skip what you don't.
Reference cap rates by property type (mid-2026 Texas)+
These are stabilized-asset ranges. Value-add, distressed, or unique-use properties trade outside the band.
How it works
A real preliminary number in 60 seconds.
We don't pretend to give you a final appraisal — that takes a full broker walkthrough. But the preliminary range is calibrated against actual Texas market activity and tells you whether your asset is roughly where you think it is.
Fill in what you know
Property type, submarket, and either your NOI, gross income, or square footage with rough rent — whichever you have. Takes about 60 seconds.
Get an instant range
We apply current Texas cap rates by property type and submarket tier to produce a preliminary value range. Not a point estimate — Texas CRE doesn't work that way.
CRECO follows up
A senior broker reviews your inputs and (if you want) tours the property to deliver a full broker valuation — comps, lease analysis, condition adjustments, market timing. No charge, no obligation.
The assumption behind your number
Cap rate ranges by asset type
Value under the income approach is net operating income divided by a cap rate, so the cap rate is what moves your number most. These are the bands the tool applies to stabilized Texas assets before adjusting for submarket. A lower cap rate means a higher value for the same income.
| Asset type | Cap rate range | What moves it |
|---|---|---|
| Industrial / warehouse | 6.5% – 8.5% | Clear height, dock doors, power, location on a distribution corridor |
| Retail | 6.5% – 8.5% | Tenant mix and credit, co-tenancy, traffic counts, visibility |
| Office | 8% – 10.5% | Class, submarket, lease term remaining, parking ratio, capex needs |
| Flex | 7% – 9% | Office-to-warehouse ratio, divisibility, ceiling height |
| Mixed-use | 6.5% – 8.5% | Income mix and stability, ground-floor tenancy, parking |
| Multifamily | 5.5% – 7.5% | Unit mix, rent roll, expense ratio, deferred maintenance |
| Land | 6% – 9% | Entitlements, utilities, frontage, path of growth — trades on comps, not cap rate |
CRECO estimate, as of September 2026. These ranges are our own working figures for stabilized assets, based on what we see in Texas deals. They are not drawn from a third-party research provider or data service, have not been independently verified, and are approximate — published market reports may differ. Value-add, distressed, special-use and single-tenant net-lease properties regularly trade outside these bands, and the right cap rate for one specific building depends on its lease structure, tenant credit and condition.
FAQ
Commercial property valuation in Texas — common questions
- How is commercial property valued?
- Most income-producing commercial real estate is valued with the income approach: divide the property's annual net operating income (NOI) by a market capitalization (“cap”) rate. If a building nets $200,000 a year and comparable properties trade at an 8% cap rate, its indicated value is $200,000 ÷ 0.08 = $2.5 million. Owner-user and special-use properties lean more on the sales-comparison or cost approaches, but for leased retail, industrial, office, and flex, the income approach drives the number.
- What is a cap rate, and how does it affect value?
- A capitalization rate is the ratio of a property's annual net operating income to its price — effectively the unleveraged yield a buyer accepts. Lower cap rates mean higher prices (buyers pay more per dollar of income for lower-risk assets); higher cap rates mean lower prices. Cap rates move with interest rates, tenant credit, lease term, location, and condition, which is why the same NOI can support very different values.
- What cap rates is Texas commercial real estate trading at in 2026?
- These are CRECO estimates, not figures from a third-party data service. As a rough 2026 guide for stabilized Texas assets we work with: industrial and multi-tenant retail generally around 6.5–8.5%, single-tenant net-lease depending heavily on tenant credit and remaining term, and Class B office wider at roughly 8–10.5%. Value-add, distressed, or special-use properties trade outside these bands. The tool applies these ranges by property type and submarket tier — the right cap rate for your specific asset still depends on lease structure and condition.
- How accurate is an instant online valuation versus a broker appraisal?
- An instant range is a directional starting point — it tells you whether your asset is roughly where you think it is. It can't see your actual lease terms, tenant credit, deferred maintenance, recent comparable sales, or current buyer demand, all of which routinely move the number 10–20% either way. A full broker valuation or formal appraisal accounts for those. Use the instant range to ground the conversation, not to set a list price.
- What information do I need to value my commercial property?
- At minimum, the property type and submarket. For an income-based estimate, your annual net operating income (NOI) gives the tightest result; if you don't have NOI handy, gross income — or square footage plus approximate rent per SF — works too. The more accurate your income figure, the tighter the range.
- Does property type change how value is calculated?
- The income approach applies across industrial, retail, office, flex, and mixed-use, but each type carries different market cap rates and value drivers. Industrial value hinges on clear height, dock access, and location on distribution corridors; retail on tenant mix, co-tenancy, and traffic; office on class, submarket, and lease term. The tool applies the appropriate cap-rate band for the type you select.
- How does location affect commercial property value in Texas?
- Submarket is one of the biggest value levers. The same building supports a different price in a primary submarket (strong demand, lower cap rates) than in a secondary or tertiary one. Texas metros each have their own dynamics — Class A office in Stone Oak or the Domain prices very differently from Class B space downtown. The tool asks for a submarket tier so the estimate reflects that.
- Is the valuation free, and what happens after?
- Yes — the instant range is free and requires no contact information to see the number. If you'd like a full broker valuation (a property walkthrough, comps, lease and condition analysis, and market-timing guidance), a senior CRECO broker follows up at no charge and no obligation — useful if you're weighing a sale or a 1031 exchange.
Already thinking about selling?
Get a full broker valuation — no obligation.
The preliminary number is a starting point. A full broker valuation includes a property walkthrough, comp analysis, lease review, condition adjustments, and market-timing recommendations. Free for property owners considering disposition or 1031 exchange.