Village Fair Retail
New
For Sale
Contact for pricing
4737 Village Fair Drive #108A, Dallas, TX 75224
The suite is near Loop 12 and I-35 in Dallas, with certain uses prohibited by the owner.
Property Size3,170 SF
Price / SF$0.69
Days on Market2
Property Features for 4737 Village Fair Drive #108A
General Information
Standard status
Active
Size
3,170 SF
Property subtype
Retail
Site & Location
Neighborhood
Five Mile Creek
Highway Access
Yes
Building Details
Year Built
1972
Listing Agency:
Momentus Real Estate Group
Listed By:
Maureen Cappallo
(682) 223-1347
Source:
Momentusrealestategroup
Added: Oct 29
Last Checked: Oct 29 at 8:07AM
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 Momentus Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 4737 Village Fair Drive, Suite 108A, this retail space is part of Village Fair in Dallas. The building dates to 1972. The owner prohibits use as a church, gameroom, bar, or nightclub; other uses remain subject to applicable zoning and use restrictions.
The property is near Loop 12 and I-35. Its Dallas address places it within the surrounding Dallas-area neighborhoods.
The property is near Loop 12 and I-35. Its Dallas address places it within the surrounding Dallas-area neighborhoods.
Key Highlights
- At Village Fair, 4737 Village Fair Drive, Suite 108A, Dallas, TX 75224
- Near Loop 12 and I‑35
- Building constructed in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,007
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,140
$1.0M
Cap Rate 7%
$728,671
$728.7K
Cap Rate 9%
$566,744
$566.7K
Market Conditions
NOI Build-Up for 3,170 SF
Gross rent
$76.5K $24.12/SF
− Vacancy
−$3.6K −$1.13/SF
EGI
$72.9K $22.99/SF
− OpEx
−$21.9K −$6.90/SF
NOI
$51.0K $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 Rate 5%
$1,020,140
Cap Rate 7%
$728,671
Cap Rate 9%
$566,744
Alternative Uses
Best Use
Retail
$728.7K
$637.6K – $850.1K
NOI $51,007 @ 7.0% cap · market cap 2,318.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.80M
$3.33M – $4.44M
NOI $266,262 @ 7.0% cap · market cap 12,102.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 32%
Electronics 7%
Apparel 3%
QuikTrip
Shops & Services
61,075 visits/mo
0.4 miles
Dollar Tree
Shops & Services
21,969 visits/mo
0.4 miles
Wendy's
Dining
13,695 visits/mo
0.4 miles
Panda Express
Dining
12,349 visits/mo
0.3 miles
Taco Bell
Dining
10,083 visits/mo
0.3 miles
Demographics for 75224, TX
33,766
Population
12,438
Households
2.7
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
5.7 sq mi
ZIP Area
5,924
Density / Sq Mi
$53,606
Median Household Income
$32,507
Median Earnings
$1,177
Median Rent
$213,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The suite is near Loop 12 and I-35 in Dallas, with certain uses prohibited by the owner.
Where is this retail space located?
The property is located at 4737 Village Fair Drive #108A Dallas, TX.
What are key features of this property?
This property features: At Village Fair, 4737 Village Fair Drive, Suite 108A, Dallas, TX 75224; Near Loop 12 and I‑35; Building constructed in 1972
