Add Listing
    For Sale
    • 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

    9888 Ferguson Dr Dallas, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Neighborhood shopping center in dense East Dallas market.

    Type:RETAIL
    Property size:
    36,498 SF
    Lot size:
    4.96 Acres
    Price / SF:
    $124/SF
    Added:
    Feb 19, 2025
    Days on Market:
    431
    Last Refresh:
    Apr 5 at 9:43 pm

    Property Features for 9888 Ferguson Dr

    General Information

    Standard status
    Active
    Size
    36,498 SF
    Lot size
    4.96 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 9888 Ferguson Dr Contact us

    We can help!

    Listing Contact
    Cameron Deptula
    Cameron Deptula

    Listing agent Cameron Deptula

    Listing office Davidson Bogel Real Estate

    Listing date Feb 19, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Davidson Bogel Real Estate

    Overview

    East Dallas Redevelopment Opportunity

    This neighborhood shopping center is strategically located within the dense East Dallas market. It presents a future redevelopment opportunity with over 5 acres of prime infill land, or adaptive reuse, utilizing 36,498 square feet of improvements. The property benefits from a signalized corner off Ferguson Road & Oates Drive, situated just north of Interstate 30 and south of Interstate 635. It is in close proximity to Lakewood & White Rock Lake, less than 2 miles away. The property's dense infill positioning creates a high-barrier of entry within a gentrifying market. The location benefits from 21,354, 135,520 and 356,201 residents within a 1, 3 and 5 mile radius, respectively. Average household incomes range between $57,000 to over $75,000 within the respective trade range.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Sunglass Hut — 3636 McKinney Ave #110, Dallas, TX 75204
    • Ângela Smith - Trabalho — dallas, tx 75204
    • Quick-Tag — Pet Supermarket, 3911 Lemmon Ave, Dallas, TX 75219
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Dallas 4142 Cedar Springs, 4142 Cedar Springs Rd, Dallas, TX 75219
    • Coin Cloud Bitcoin ATM — 3418 oak lawn ave, dallas, tx 75219

    Map

    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.811
    Latitude
    32.8122

    Nearby Similar for Sale

    • $899,900

      Commercial Opportunity Near Harry Hines

      Versatile property near major highways with immediate income potential.
      9738 Brockbank Drive, Dallas, TX 75220
      View Details
    • $750,000
      5,974 SF

      Retail Property in High Traffic Area

      Retail property in Dallas, TX with high traffic location.
      3415 S Malcolm X Boulevard, Dallas, TX 75215
      View Details
    • $899,000

      Renovated Commercial Space in Dallas

      Renovated 2230 sqft commercial space in the heart of Dallas.
      1380 River Bend Drive, Dallas, TX 75247
      View Details
    • $485,000

      Dallas Auto Shop and Repair

      Auto shop and repair facility with potential for commercial ventures.
      8632 San Marino Avenue, Dallas, TX 75217
      View Details
    • $700,000

      Versatile Commercial Space in Dallas

      3,000 sqft property with warehouse and office space.
      11127 Shady Trail, Dallas, TX 75229
      View Details
    • $949,000

      Freestanding Office Building on Acre Lot

      6930 sq ft office building on 1 acre lot.
      4373 S Hampton Road, Dallas, TX 75232
      View Details
    • $559,900

      Established Dallas Childcare Facility

      Childcare facility on 1.08 acres, ideal for owner-users/investors.
      1123 E Ledbetter Drive, Dallas, TX 75216
      View Details
    • $500,000

      Versatile Commercial Property with Income

      Commercial property with rental income and flexible business space.
      1931 S Belt Line Road, Dallas, TX 75253
      View Details
    • $4,900,000

      Downtown Dallas Multifunctional Commercial Studio

      Rare commercial studio with editing suites, offices, and living quarters.
      2909 San Jacinto, Dallas, TX 75204
      View Details
    • $1,400,000
      4,447 SF

      Commercial Property with Highway Frontage

      1.36-acre commercial property with office, workshop, and storage space.
      12540 C F Hawn Freeway, Dallas, TX 75253
      View Details
    • $1,900,000
      2,910 SF

      Historic Victorian in Uptown Dallas

      Victorian home in historic State Thomas neighborhood, zoned for commercial/residential.
      2315 Routh Street, Dallas, TX 75201
      View Details
    • $2,850,000

      Unique Dallas Warehouse with Apartment

      Versatile property near Design District with creative, residential, and industrial space.
      3500 Easy Street, Dallas, TX 75247
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood shopping center in dense East Dallas market.
    Where is this shopping center located?
    The property is located at 9888 Ferguson Dr Dallas, TX.
    What is the asking price?
    The asking price for this property is $4,545,623.
    What are key features of this property?
    This property features: Excellent redevelopment opportunity with over 5 acres of prime infill land and 36,498 SF of improvements.; Offered well below replacement cost with terrific cash‑on‑cash return.; Strategically located in a dense East Dallas market at a signalized corner of Ferguson Road & Oates Drive.
    (214) 526-3626 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cameron Deptula
    Cameron Deptula
    Learn More
    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.
    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!