Mixed-Use Commercial
For Sale
Contact for pricing
4460 TRINITY MILLS RD, Dallas, TX 75287
This 1997-built asset is classified as mixed-use commercial real estate.
Property Size11,338 SF
Price / SF$350
Days on Market12
Property Features for 4460 TRINITY MILLS RD
General Information
Standard status
Active
Size
11,338 SF
Property subtype
Mixed Use
Lease Type
NNN
Building Details
Year Built
1997
Year Renovated
2025
Buildings
1
Stories
1
Listing Agency:
Wynmark
(972) 897-0562
Listed By:
Austin Eastman · License #TX #790218
Source:
Crexi
Added: Jul 31
Changed: Aug 11
Last Checked: Aug 11 at 4:33AM
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 Wynmark
Investment Insights
Based on property information with market context.
Located at 4460 Trinity Mills Rd in Dallas, Texas, this mixed-use commercial property contains 11,338 square feet. The improvements were built in 1997, providing a clearly defined commercial asset with a mixed-use classification.
Key Highlights
- 11,338 square feet of mixed‑use commercial property
- Built in 1997
- Located at 4460 Trinity Mills Rd, Dallas, TX 75287‑7042
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
$149,662
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
3.77%
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%
$2,993,240
$3.0M
Cap Rate 7%
$2,138,029
$2.1M
Cap Rate 9%
$1,662,911
$1.7M
Market Conditions
NOI Build-Up for 11,338 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
$272.1K $24.00/SF
− Vacancy
−$32.7K −$2.88/SF
EGI
$239.5K $21.12/SF
− OpEx
−$89.8K −$7.92/SF
NOI
$149.7K $13.20/SF
Area
Dallas, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
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%
$2,993,240
Cap Rate 7%
$2,138,029
Cap Rate 9%
$1,662,911
Alternative Uses
Best Use
Mixed Use
$2.14M
$1.87M – $2.49M
NOI $149,662 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.60M
$11.90M – $15.87M
NOI $952,327 @ 7.0% cap · market cap 24.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,521
Businesses Nearby
Explore this area
Business Placement
Demographics for 75287, TX
53,181
Population
30,143
Households
1.8
Avg Household Size
34
Median Age
46%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
9,669
Density / Sq Mi
$62,538
Median Household Income
$44,465
Median Earnings
$1,391
Median Rent
$389,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - This 1997-built asset is classified as mixed-use commercial real estate.
Where is this mixed-use property located?
The property is located at 4460 TRINITY MILLS RD Dallas, TX.
What is the asking price?
The asking price for this property is $3,968,300.
What are key features of this property?
This property features: 11,338 square feet of mixed‑use commercial property; Built in 1997; Located at 4460 Trinity Mills Rd, Dallas, TX 75287‑7042
