Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4408 Bryan St Dallas, TX 75204

    Sponsored
    For Sale
    Contact for pricing

    Prime East Dallas infill development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This ±1.28-acre commercial land site, located at 4408 Bryan St, Dallas, TX 75204, presents a unique development opportunity in the heart of East Dallas. Zoned PD 298 (Subarea 9) Mixed-Use 1, this property allows for a variety of uses, including retail, office, and multifamily residential, either in combination or as single buildings. The 55,609 square foot lot boasts high visibility and excellent access, situated between N Peak St and N Fitzhugh Ave, just east of N Central Expressway (Hwy 75). The area is experiencing significant redevelopment, with over 4,600 new multifamily, condo, and townhome units recently constructed or under development nearby. This prime location benefits from strong demographics, with approximately 35,642 people living within a one-mile radius and 195,208 within three miles. The one-mile radius population has increased by 17.05% since 2010, and the average household income within a three-mile radius is $110,947. The property's proximity to Downtown Dallas, Baylor University Medical Center, Deep Ellum, and Uptown adds to its appeal. Numerous retailers, including CVS, Walmart, Target, and Starbucks, are located nearby, further enhancing the site's desirability. This is an exceptional chance to capitalize on the continued growth and transformation of East Dallas.

    Property Features for 4408 Bryan St

    General Information

    Property type
    Land

    HighLights

    • Excellent East Dallas Location: 1.28‑acre site at 4408 Bryan St, between N Peak St and N Fitzhugh Ave, near Hwy 75. Minutes from Downtown Dallas, Baylor University Medical Center, Deep Ellum, and Uptown. Surrounded by significant new multifamily development.
    • Prime Mixed‑Use Development Site: 55,609 SF lot zoned PD 298 (Subarea 9) Mixed‑Use 1, allowing for retail, office, and multifamily uses. High visibility and excellent access.
    • Strong Demographics & High Income: Dense population (35,642 within 1 mile, 195,208 within 3 miles). 17.05% population growth within 1 mile since 2010. Average household income within 3 miles is $110,947.
    • Abundant Nearby Retail: Property is near numerous national retailers including CVS, Walmart, Target, and Starbucks, driving significant traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7782404
    Latitude
    32.7999067

    Nearby Similar for Sale

    • New
      $1,499,995
      6,025 SF

      Income-Producing Mediterranean Style Dallas Duplex

      Dallas duplex perfect for short-term rental in sought-after location.
      5100 Mission Ave, Dallas, TX 75206
      View Details
    • New
      $1,799,998
      6,296 SF

      Income-Producing Duplex in Dallas

      Contemporary duplex in Dallas, ideal for short-term rentals.
      2009/2011 N Prairie Ave, Dallas, TX 75204
      View Details
    • New
      $499,500
      2,080 SF

      Dallas Duplex Near Bishop Arts

      Income-producing duplex near Bishop Arts District with redevelopment potential.
      326 S Windomere Ave, Dallas, TX 75208
      View Details
    • $648,500
      0.22 Acres

      Updated Duplex in Prime Location

      Spacious, updated duplex in Dallas with income potential.
      15825 El Estado Dr, Dallas, TX 75248
      View Details
    • $598,000
      0.32 Acres

      Dallas Duplex with Unique Features

      Rare duplex with health spa and updated interiors in Dallas.
      7604 Village Trail Dr, Dallas, TX 75254
      View Details
    • $1,900,000
      0.16 Acres

      University Park Triplex Investment Opportunity

      Rare triplex in prime location with renovation and redevelopment potential.
      3441 Rosedale Ave, Dallas, TX 75205
      View Details
    • $13,500,000
      0.90 Acres

      Architectural Portfolio with Skyline Views

      One-acre urban compound with modern residence and historic commercial office.
      3502 Gillespie St, Dallas, TX 75219
      View Details
    • New
      $575,000
      0.43 Acres

      Updated Duplex with Large Backyard

      Updated duplex in Dallas, suitable for multigenerational living.
      13301 Daystrom Ct, Dallas, TX 75243
      View Details
    • $5,900,000
      0.87 Acres

      Prime Dallas Industrial Opportunity

      Large lot near highways and convention center with development potential.
      1204 Powhattan St, Dallas, TX 75215
      View Details
    • New
      $850,000
      5,032 SF

      Dallas Duplex with Custom Details

      Duplex with custom details, 8 bedrooms, and game room.
      5851 Millar Dr, Dallas, TX 75236
      View Details
    • $750,000
      0.18 Acres

      Dallas Multifamily Investment Opportunity

      Six-unit apartment building in Dallas, near freeways, dining, and entertainment.
      3020 South Blvd, Dallas, TX 75215
      View Details
    • $3,318,000
      0.12 Acres

      Newly Constructed Dallas Condo Community

      16-unit condo community in walkable Dallas location, rent-ready and vacant.
      435 W 9Th St, Dallas, TX 75208
      View Details

    FAQs

    What type of property is this?
    Land - Prime East Dallas infill development opportunity.
    Where is this land located?
    The property is located at 4408 Bryan St Dallas, TX.
    What are key features of this property?
    This property features: Excellent East Dallas Location: 1.28-acre site at 4408 Bryan St, between N Peak St and N Fitzhugh Ave, near Hwy 75. Minutes from Downtown Dallas, Baylor University Medical Center, Deep Ellum, and Uptown. Surrounded by significant new multifamily development.; Prime Mixed-Use Development Site: 55,609 SF lot zoned PD 298 (Subarea 9) Mixed-Use 1, allowing for retail, office, and multifamily uses. High visibility and excellent access.; Strong Demographics & High Income: Dense population (35,642 within 1 mile, 195,208 within 3 miles). 17.05% population growth within 1 mile since 2010. Average household income within 3 miles is $110,947.
    (214) 520-8818
    Request Owner's contact information
    4408 Bryan St Dallas, TX 75204
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4408 Bryan St
    Dallas, TX 75204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4408 Bryan St Dallas, TX 75204
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.