Add Listing
    For Lease
    • 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

    3575 Frankford Rd, Dallas, TX 75287 Dallas, TX 75287

    View on Map
    Sponsored
    For Lease
    $2 SF/Yr ($6,704 /Mo)

    Prime Dallas commercial land, 0.73 acres, high visibility.

    Lot size:
    31,798 SF

    Property Features for 3575 Frankford Rd, Dallas, TX 75287

    General Information

    Property type
    Commercial land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,798 SF
    Elevators
    N/A
    Total Rate
    6704.08

    Amenities

    Overview

    Dallas Commercial Land For Lease

    This 0.73-acre commercial land parcel is available for lease in Dallas, Texas. The site is located in North Dallas near major retailers including Walmart and Kroger. The property is positioned at the Northwest corner of Frankford Road and Marsh Lane, offering visibility and accessibility within a densely populated retail trade area. Several established businesses are located nearby, including a Jack-in-the-Box, Whataburger, and Starbucks. The site benefits from a shadow anchor position with a Walmart Supercenter to the west and a Kroger nearby. The surrounding area includes residential communities such as Frankford Townhomes and Gates De Provence. A McDonald's is soon to open directly across the street. The property is zoned for commercial use and is priced at $2.53 per square foot annually.

    We can help!

    Listing Contact
    Jack Wilkinson

    Learn more

    Property Insight Report

    HighLights

    • 0.73‑acre commercial land available for lease in Dallas, TX.
    • Prime North Dallas location near major retailers including Walmart & Kroger.
    • High visibility site with nearby restaurants and residential communities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    State
    Texas
    Longitude
    -96.856747
    Latitude
    32.997732

    Nearby Comparable

    • Contact for pricing

      Commercial Land For Rent

      Commercial land for rent, anchored by high performing Kroger.
      3900 Frankford Rd, Dallas, TX 75287
      View Details
    • Contact for pricing

      Dallas Apartment for Rent

      Apartment available for rent at Timberglen Road, Dallas, TX.
      3737 Timberglen Rd, Dallas, TX 75287
      View Details
    • Contact for pricing

      Retail Space Anchored by Kroger

      Retail space in a Kroger-anchored shopping center with ample parking.
      3915 Frankford Rd, Dallas, TX 75287
      View Details
    • Contact for pricing
      2,186 SF

      Spacious Duplex in North Dallas

      Well-maintained 3-bedroom, 2-bathroom duplex with modern amenities.
      3910 Saint Christopher Ln, Dallas, TX 75287
      View Details
    • Contact for pricing

      Apartment for Rent

      Apartment available for rent at 3440 E Rosemeade Pkwy.
      3440 E Rosemeade Pkwy, Carrollton, TX 78727
      View Details
    • $10,000 /Mo
      5,000 SF

      Auto Shop with Multiple Lifts

      Equipped auto shop with lifts, alignment machine, and tire machine.
      2543 Marsh Ln, Carrollton, TX 75006
      View Details
    • Contact for pricing
      16,428 SF

      Teas Crossing Retail Center

      Dallas County retail space, 12 units available
      I-45 & Fm 3083, Dallas, TX 75287
      View Details
    • Contact for pricing
      7,528 SF

      Air Conditioned Warehouse Space

      7,528 SF warehouse space with ample parking.
      2833 Trinity Square Dr, Carrollton, TX 75006
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Carrollton, Texas.
      2525 Tarpley Rd, Carrollton, TX 75006
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Carrollton, Texas.
      2525 Tarpley Rd, Carrollton, TX 75006
      View Details
    • Contact for pricing
      32,813 SF

      Caladium Village Retail Space

      Dallas retail center, prime location.
      3920 Rosemeade Pkwy, Dallas, TX 75287
      View Details
    • Contact for pricing
      1,560 SF

      Retail Space on Trinity Mills

      Retail space available for lease on Trinity Mills Road.
      2550 E Trinity Mills Rd, Carrollton, TX 75006
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime Dallas commercial land, 0.73 acres, high visibility.
    Where is this commercial land located?
    The property is located at 3575 Frankford Rd, Dallas, TX 75287 Dallas, TX.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features:
    (214) 234-9433
    Request Owner's contact information
    3575 Frankford Rd, Dallas, TX 75287 Dallas, TX 75287
    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.
    3575 Frankford Rd, Dallas, TX 75287
    Dallas , TX 75287
    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
    3575 Frankford Rd, Dallas, TX 75287 Dallas, TX 75287
    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

    We can help!
    Listing Contact
    Jack Wilkinson
    (214) 234-9433
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!