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    Multuse Development Land with Major Access Title is generated by Realmo AI

    9107 Scyene Road, Dallas, TX 75227

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    Claim this Listing
    For Sale
    Under Contract
    $3,500,000

    LAND - Dallas, TX

    Lot size:
    11.50 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    89
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 9107 Scyene Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    00000631513000000
    Lot size
    11.50 Acres

    Taxes and HOA fees

    Tax Description
    BLK 6783 PT TR 7 ACS 3.669 SCYENE RD 443.37FR
    Tax Annual Amount
    6314

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Joni Freeman

    Listing agent Joni Freeman License #0592325

    Listing office JL Marsaw & Co Frisco, TX

    Listing date Mar 6, 2026

    MLS# 21157793 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 11.5 acres across multiple parcels at 9031 Scyene Rd Blk, 9107 Scyene Rd, 9109 Scyene Rd, 3125 N Prairie Creek Rd, and 3200 N Prairie Creek Rd (Dallas, TX).
    • Zoned for a combination of Community Retail (CR) and Residential R 7.5, allowing flexibility for retail, residential, or mixed‑use concepts subject to City of Dallas approvals.
    • Public water and public sewer are available in the area; buyer should independently verify utility capacity and development requirements.
    • Frontage and visibility along Scyene Road and North Prairie Creek Road.
    • Convenient access to major corridors including I‑30, US‑175, I‑635, and Loop 12 for routes to Downtown Dallas, Mesquite, and the broader Metroplex.

    Overview

    Offering approximately 11.5 acres across multiple parcels, this development land provides flexible options for retail, residential, or mixed-use concepts, subject to City of Dallas approvals. The land includes a combination of Community Retail (CR) and Residential (R 7.5) zoning, supporting phased planning and potential project assembly depending on the buyer’s strategy.

    The property features frontage and visibility along Scyene Road and North Prairie Creek Road, with convenient access to major regional corridors including Interstate 30, US Highway 175, Interstate 635, and Loop 12. The location connects the site to Downtown Dallas, Mesquite, and the broader Metroplex, making it a practical choice for developers evaluating larger-area demand and access-driven tenanting.

    This site may be well-suited for investors and developers targeting mixed-use or multifamily opportunities, particularly where zoning and approvals can support the intended program. Because utilities are reported as available in the area, the next step for any buyer is to independently verify zoning specifics, development requirements, parcel measurements, access, and utility capacity, along with any eligibility for financing or affordable/income-restricted multifamily programs where applicable. Buyer diligence will be important to confirm program qualification and the final feasibility of the contemplated project design.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.666433
    Latitude
    32.76513

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    FAQs

    What type of property is this?
    Commercial land - 11.5-acre site across multiple parcels with frontage on Scyene Road and N Prairie Creek Road for retail, residential, or mixed use.
    Where is this commercial land located?
    The property is located at 9107 Scyene Road Dallas, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Approximately 11.5 acres across multiple parcels at 9031 Scyene Rd Blk, 9107 Scyene Rd, 9109 Scyene Rd, 3125 N Prairie Creek Rd, and 3200 N Prairie Creek Rd (Dallas, TX).; Zoned for a combination of Community Retail (CR) and Residential R 7.5, allowing flexibility for retail, residential, or mixed‑use concepts subject to City of Dallas approvals.; Public water and public sewer are available in the area; buyer should independently verify utility capacity and development requirements.
    (469) 215-1250
    We can help!
    Listing Contact
    Joni Freeman
    Real Estate License ID: 0592325
    Learn More
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    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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