Corner Storefront Shell
New
For Sale
$275,000
4126 Metropolitan Avenue, Dallas, TX 75210
Corner-lot commercial building with updated exterior and electrical components, ready for interior build-out.
Property Size1,260 SF
Price / SF$218.25
Days on Market4
Property Features for 4126 Metropolitan Avenue
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Commercial
Zoning
Contact the City of Dallas Planning & Zo
Additional Details
Corner Location
Yes
Building Details
Building Size
1,260 SF
Year Built
1964
Stories
1
Units
2
Listing Agency:
LIV Realty, LLC
(972) 214-9044
Listed By:
Sabrina Jaber
(972) 214-9044
Source:
Fullhouserealtytx
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 19 at 3:33PM
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 LIV Realty, LLC
Investment Insights
Based on property information with market context.
This 1,260-square-foot storefront property at 4126 Metropolitan Avenue is a shell space following interior gutting. The building previously contained two separate storefronts and now offers an open condition for redevelopment. Improvements include a new metal roof, new gutters, new windows, and a new electrical panel. An iron fence encloses the parking lot.
The north-facing property occupies a corner lot in the Fair Park area of Dallas, at 4126 Metropolitan Avenue, Dallas, TX 75210. Fair Park is three blocks away, and the Dallas skyline is visible from the property. The building was constructed in 1964. City plans for the South Dallas–Fair Park initiative program are also noted for the surrounding area.
The north-facing property occupies a corner lot in the Fair Park area of Dallas, at 4126 Metropolitan Avenue, Dallas, TX 75210. Fair Park is three blocks away, and the Dallas skyline is visible from the property. The building was constructed in 1964. City plans for the South Dallas–Fair Park initiative program are also noted for the surrounding area.
Key Highlights
- 1,260 SF storefront shell space on a corner lot
- Previously divided into two storefronts; interior has been gutted
- New metal roof, gutters, windows, and electrical panel
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,274
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,480
$405.5K
Cap Rate 7%
$289,629
$289.6K
Cap Rate 9%
$225,267
$225.3K
Market Conditions
NOI Build-Up for 1,260 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.4K $24.12/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$29.0K $22.99/SF
− OpEx
−$8.7K −$6.90/SF
NOI
$20.3K $16.09/SF
Area
Dallas, TX
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,480
Cap Rate 7%
$289,629
Cap Rate 9%
$225,267
Alternative Uses
Best Use
Retail
$289.6K
$253.4K – $337.9K
NOI $20,274 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,833 @ 7.0% cap · market cap 38.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Williams Chicken
Dining
7,692 visits/mo
0.5 miles
Domino's Pizza
Dining
2,788 visits/mo
0.5 miles
Demographics for 75210, TX
8,736
Population
2,824
Households
3.1
Avg Household Size
33
Median Age
9%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
3,798
Density / Sq Mi
$28,739
Median Household Income
$24,850
Median Earnings
$952
Median Rent
$110,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner-lot commercial building with updated exterior and electrical components, ready for interior build-out.
Where is this storefront property located?
The property is located at 4126 Metropolitan Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,260 SF storefront shell space on a corner lot; Previously divided into two storefronts; interior has been gutted; New metal roof, gutters, windows, and electrical panel
