Freestanding Retail
For Sale
$2,050,000
12809 Audelia Road, Dallas, TX 75243
CommercialSale, Dallas, TX
Property Size8,000 SF
Lot Size0.65 Acres
Price / SF$256.25
Days on Market47
Property Features for 12809 Audelia Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Retail commercial
Parking features
Parking Lot
Subdivision
Richland Square Rev
Directions
SWC of Walnut and Audelia by Hong Kong Market Place in Dallas.
Standard status
Active
APN
0084260A0001F0000
Lot size
0.65 Acres
Additional Details
Corner Location
Yes
Taxes and HOA fees
Tax Description
RICHLAND SQUARE REV BLK A/8426 LT 1F VOL20001
Legal Description
RICHLAND SQUARE REV BLK A/8426 LT 1F VOL20001
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2000
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick, Stucco
Buildings
1
Listing Agency:
WILLIAM DAVIS REALTY
(214) 705-1000
Listed By:
Long Ly
(972) 732-6002
Added: Sep 9
Changed: Oct 24
Last Checked: Oct 25 at 9:06AM
MLS# 21380282
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2000, this freestanding retail property at 12809 Audelia Road has brick and stucco exterior finishes, vinyl and tile flooring, central heating and air conditioning, and a parking lot. The parcel encompasses 0.654 acres.
The property is near the southwest corner of Walnut Street and Audelia Road, where combined traffic counts are reported at nearly 50,000 vehicles per day. Nearby retail businesses include Hong Kong Market Place, Metro City Bank, 7-Eleven, and restaurants. Richland Community College is within walking distance, and corporate campuses for Texas Instruments, Fossil, and Raytheon Technologies are nearby.
The property is near the southwest corner of Walnut Street and Audelia Road, where combined traffic counts are reported at nearly 50,000 vehicles per day. Nearby retail businesses include Hong Kong Market Place, Metro City Bank, 7-Eleven, and restaurants. Richland Community College is within walking distance, and corporate campuses for Texas Instruments, Fossil, and Raytheon Technologies are nearby.
Key Highlights
- 0.654‑acre parcel
- Built in 2000
- Brick and stucco exterior with vinyl and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,724
Cap Rate
6.28%
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 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.76M
$7.66M – $10.22M
NOI $612,953 @ 7.0% cap · market cap 29.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
50,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
19k
Monthly Visits Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Brick and stucco construction, central heating and air conditioning, and a parking lot serve this established retail property.
Where is this retail space located?
The property is located at 12809 Audelia Road Dallas, TX.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 0.654‑acre parcel; Built in 2000; Brick and stucco exterior with vinyl and tile flooring
