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

    12000 East Northwest Hwy Dallas, TX 75218

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Located on Northwest Hwy, ideal for pre-owned vehicle sales.

    Property Features for 12000 East Northwest Hwy

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Thurston Witt
    Thurston Witt
    Source: Cbre

    Listing Agency: CBRE - Corporate Listing Agent: Thurston Witt

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

    Learn more

    Overview

    Northwest Highway Retail Opportunity

    This commercial property is located on Northwest Highway near Garland Road and LBJ Freeway. The surrounding area features a variety of retail businesses, including Chick-fil-A, Sam’s Club, Wendy’s, and Whataburger. The property is suitable for the sale of pre-owned vehicles and was formerly leased to Tricolor.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.67395
    Latitude
    32.863245

    Nearby Similar for Lease

    • $6,350 /Mo
      178,465 SF

      Versatile Commercial Space with Warehouse

      3,000 sqft Dallas property with office and warehouse space.
      11127 Shady Trl, Dallas, TX 75229
      View Details
    • $20 SF/Yr
      10,001 SF

      Deep Ellum Renovated Commercial Space

      Prime Dallas location suitable for office, retail, or restaurant.
      3100 Commerce St, Dallas, TX 75226
      View Details
    • $6,200 /Mo
      5,793 SF

      Versatile Office-Warehouse in Trinity Groves

      Prime commercial space in a dynamic Dallas growth corridor.
      914 W Commerce St, Dallas, TX 75208
      View Details
    • New
      $1,800 /Mo
      6,447 SF

      Retail Units in High-Traffic Area

      Two retail units for lease near major Dallas highways.
      8108 Scyene Rd, Dallas, TX 75227
      View Details
    • $7 SF/Yr
      37,897 SF

      Prime Dallas Location, Mixed-Use Potential

      Large commercial property near highways and convention center.
      1204 Powhattan St, Dallas, TX 75215
      View Details
    • New
      $1,800 /Mo
      6,447 SF

      Retail Units in High-Traffic Area

      Two retail units available near major highways and high-traffic intersection.
      8106 Scyene Rd, Dallas, TX 75227
      View Details
    • $2,500 /Mo
      6,665 SF

      Luxury Flex Space in Dallas

      Refined flex space ideal for boutique offices or creative studios.
      1739 Marfa Ave, Dallas, TX 75216
      View Details
    • $3,482 /Mo
      99,491 SF

      North Dallas Industrial Flex Space

      Move-in ready flex space in North Dallas with office and warehouse.
      13551 N Method St, Dallas, TX 75243
      View Details
    • $800 /Mo
      3,746 SF

      East Dallas Historic Office Space

      Office space in historic East Dallas building, immediate occupancy.
      4310 Gaston Ave, Dallas, TX 75246
      View Details
    • $4,250 /Mo
      10,454 SF

      Historic Swiss Avenue Office Loft

      Renovated office space in historic building near Baylor Scott & White.
      3106 Swiss Ave, Dallas, TX 75204
      View Details
    • New
      $7,500 /Mo
      25,744 SF

      Dallas Warehouse with Office Showroom

      Office and warehouse showroom with natural light and modern industrial feel.
      163 Pittsburg St, Dallas, TX 75207
      View Details
    • $1,750 /Mo
      185,522 SF

      Updated Salon Unit in Dallas

      Salon unit with utilities included in iconic Preston Tower.
      6211 W Northwest Hwy, Dallas, TX 75225
      View Details

    FAQs

    What type of property is this?
    Car wash - Located on Northwest Hwy, ideal for pre-owned vehicle sales.
    Where is this car wash located?
    The property is located at 12000 East Northwest Hwy Dallas, TX.
    What are key features of this property?
    This property features: - Well-located on Northwest Hwy near Garland Rd and LBJ Fwy; - Excellent location for the sale of pre-owned vehicles; - Area Retail includes Chick-fil-A
    (214) 252-1153
    Request Owner's contact information
    12000 East Northwest Hwy Dallas, TX 75218
    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.
    12000 East Northwest Hwy
    Dallas, TX 75218
    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
    12000 East Northwest Hwy Dallas, TX 75218
    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
    Thurston Witt
    Thurston Witt
    Real Estate License ID: 182677
    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!