Freestanding Retail
For Sale
$2,300,000
12809 Audelia Rd, Dallas, TX 75243
Standalone retail building near established retail, educational, and corporate destinations.
Property Size8,000 SF
Price / SF$287.50
Days on Market49
Property Features for 12809 Audelia Rd
General Information
Standard status
Active
Size
8,000 SF
Site & Location
Neighborhood
Country Forest
Building Details
Year Built
2000
Listing Agency:
WILLIAM DAVIS REALTY
Listed By:
Long Ly
(214) 924-5071
Source:
Tonyaharbin
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 6 at 12:39AM
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 WILLIAM DAVIS REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail property at 12809 Audelia Rd is an approximately 8,000-square-foot building constructed in 2000. The standalone format provides a dedicated commercial presence for a range of retail or service-oriented operations, including doctor clinics, dental offices, and other retail businesses identified for the property.
The building is positioned at the southwest quadrant of Walnut Street and Audelia Road, where combined traffic counts are almost 50,000 vehicles per day. Hong Kong Market Place anchors the surrounding retail environment, which also includes Metro City Bank, 7-Eleven, and multiple restaurants. Richland Community College is within walking distance and has more than 20,000 enrolled students. The property is also near corporate campuses for Texas Instruments, Fossil, and Raytheon Technology, with dense residential development in the surrounding area.
The building is positioned at the southwest quadrant of Walnut Street and Audelia Road, where combined traffic counts are almost 50,000 vehicles per day. Hong Kong Market Place anchors the surrounding retail environment, which also includes Metro City Bank, 7-Eleven, and multiple restaurants. Richland Community College is within walking distance and has more than 20,000 enrolled students. The property is also near corporate campuses for Texas Instruments, Fossil, and Raytheon Technology, with dense residential development in the surrounding area.
Key Highlights
- Approximately 8,000 sq. ft. freestanding retail building
- Constructed in 2000
- Southwest quadrant of Walnut Street and Audelia Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,724
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,574,480
$2.6M
Cap Rate 7%
$1,838,914
$1.8M
Cap Rate 9%
$1,430,267
$1.4M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$193.0K $24.12/SF
− Vacancy
−$9.1K −$1.13/SF
EGI
$183.9K $22.99/SF
− OpEx
−$55.2K −$6.90/SF
NOI
$128.7K $16.09/SF
Area
ZIP 75243
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,574,480
Cap Rate 7%
$1,838,914
Cap Rate 9%
$1,430,267
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.15M
NOI $128,724 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.76M
$7.66M – $10.22M
NOI $612,953 @ 7.0% cap · market cap 26.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Dining 14%
Electronics 5%
7-Eleven
Shops & Services
8,132 visits/mo
0.1 miles
Shell
Shops & Services
7,326 visits/mo
0.2 miles
Louisiana Fried Chicken
Dining
1,387 visits/mo
0.3 miles
Donut Palace
Dining
1,301 visits/mo
0.3 miles
Metro by T-Mobile
Electronics
902 visits/mo
0.1 miles
Demographics for 75243, TX
62,273
Population
31,577
Households
2
Avg Household Size
34
Median Age
34%
College-Educated
86%
High-School Grad
9.2 sq mi
ZIP Area
6,769
Density / Sq Mi
$50,357
Median Household Income
$33,760
Median Earnings
$1,226
Median Rent
$359,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Rosalin Dancy — 9696 Walnut St #1317, Dallas, TX 75243
Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail building near established retail, educational, and corporate destinations.
Where is this storefront property located?
The property is located at 12809 Audelia Rd Dallas, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Approximately 8,000 sq. ft. freestanding retail building; Constructed in 2000; Southwest quadrant of Walnut Street and Audelia Road
