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Retail Space with Open Layout
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4737 Village Fair Drive #104, Dallas, TX 75224

An open interior provides flexibility for a retail operation.

Property Size2,195 SF
Price / SF$0.71
Days on Market2

Property Features for 4737 Village Fair Drive #104

General Information

Standard status Active
Size 2,195 SF
Property subtype Retail

Site & Location

Neighborhood Five Mile Creek
Utilities to Site Yes

Building Details

Year Built 1972
Listing Agency: Momentus Real Estate Group
Listed By: Maureen Cappallo
Source: Momentusrealestategroup
Added: Oct 29 Last Checked: Oct 29 at 2:32PM

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

Rey
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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.

Located at 4737 Village Fair Drive, Suite 104, in Dallas, this retail space offers an open interior layout. The property was built in 1972 and contains 2,195 square feet.

Key Highlights

  • 2,195‑square‑foot retail space
  • Built in 1972
  • 4737 Village Fair Drive, Suite 104, Dallas, TX 75224

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,319
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,380 $706.4K
Cap Rate 7%
$504,557 $504.6K
Cap Rate 9%
$392,433 $392.4K
Market Conditions
NOI Build-Up for 2,195 SF
Gross rent
$52.9K $24.12/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$50.5K $22.99/SF
− OpEx
−$15.1K −$6.90/SF
NOI
$35.3K $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 Rate 5%
$706,380
Cap Rate 7%
$504,557
Cap Rate 9%
$392,433

Alternative Uses

Best Use
Retail
$504.6K
$441.5K – $588.7K (±1% cap)
NOI $35,319 @ 7.0% cap · market cap 2,278.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,367 @ 7.0% cap · market cap 11,894.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Leasing & Etc. Property Management Company Moham truck driver ... Vocational School TMart Dallas Grocery & Convenience Store Global Distributors Distribution Center Wig Paradise & Big ... Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby
159k
Monthly Visits Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open interior provides flexibility for a retail operation.
Where is this retail space located?
The property is located at 4737 Village Fair Drive #104 Dallas, TX.
What are key features of this property?
This property features: 2,195‑square‑foot retail space; Built in 1972; 4737 Village Fair Drive, Suite 104, Dallas, TX 75224
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Includes: Price & PSF · Cap rate · Location · Zoning

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