Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12091 Forestgate Dr Dallas, TX 75243

    • Industrial properties
    • 32,110 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • National Aluminum & Alloy, Inc. / Aluminum Supplier / Steel Distributor
    • VITAJOY GROUP USA / Warehouse

    Property Details for 12091 Forestgate Dr

    Year built
    1985
    Property size
    32,110 SF
    Property type
    Industrial properties
    Property subtype
    Distribution centers

    Description

    This exceptional 32,110-square-foot distribution facility presents a rare leasing opportunity in the desirable northeast Dallas/Garland submarket. Built in 1985, the single-tenant building boasts a highly functional layout ideal for various distribution needs. The warehouse features 100% HVAC, ensuring a comfortable and climate-controlled environment year-round. Loading and unloading are efficient with seven dock-high doors and two drive-in ramps, complemented by ample parking for approximately 98 vehicles and a generous truck court of roughly 74 feet. The building offers an impressive 18-foot clear height, maximizing storage and operational efficiency. Power is robust, with a 1,000-amp service. Situated within a Dallas County Industrial Research District, this property benefits from excellent access to major transportation arteries, including the proximity to I-635. The building's size, amenities, and location make it an attractive option for businesses seeking a strategic distribution hub in the thriving Dallas-Fort Worth metroplex. This is a truly exceptional opportunity to secure a well-maintained, functional, and strategically located industrial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7028
    Latitude
    32.9121

    Comparable in this City

    • Value Estimation by Request
      48,168 SF

      12048-12092 Forestgate Dr

      Distribution properties • 48,168 SF
      12048-12092 Forestgate Dr, Dallas, TX 75243
      View Details
    • Value Estimation by Request
      51,555 SF

      11480 Hillguard Rd

      Distribution properties • 51,555 SF
      11480 Hillguard Rd, Dallas, TX 75243
      View Details
    • Value Estimation
      $820,000
      127,725 SF

      11333 Pagemill Rd

      DISTRIBUTION WAREHOUSE • 127,725 SF
      11333 Pagemill Rd, Dallas, TX 75243-8305
      View Details
    • Value Estimation
      $1,060,000
      101,020 SF

      9650 Chartwell Dr

      DISTRIBUTION WAREHOUSE • 101,020 SF
      9650 Chartwell Dr, Dallas, TX 75243-8302
      View Details
    • Value Estimation
      $1,355,000
      487,800 SF

      8507 Frst Ln

      INDUSTRIAL (GENERAL) • 487,800 SF
      8507 Frst Ln, Dallas, TX 75243
      View Details
    • Value Estimation
      $775,000
      249,106 SF

      13020 T I Blvd

      INDUSTRIAL (GENERAL) • 249,106 SF
      13020 T I Blvd, Dallas, TX 75243
      View Details

    Similar Nearby for Sale

    • $2,375,000
      0.48 Acres

      Dallas Warehouse with Leased Unit

      Two-unit building with office and warehouse space, one unit leased.
      13550 Vargon St, Dallas, TX 75243
      View Details
    • Contact for pricing
      2.84 Acres

      Dallas Commercial Land - 2.84 Acres

      Prime Dallas development site, mixed-use zoning.
      11520 Central Expy, Dallas, TX 75243
      View Details
    • $1,818,600
      6,062 SF

      Dallas Office Investment Opportunity

      Prime Dallas office space in a high-demand area.
      8604 Greenville Ave, Dallas, TX 75243
      View Details
    • $405,000
      1,990 SF

      Like-New Dallas Townhome with Amenities

      Modern 3-bedroom townhome with community amenities in a prime location.
      9228 Flickering Shadow Dr, Dallas, TX 75243
      View Details
    • $199,000
      0.17 Acres

      Land For Sale Dallas, TX

      Buildable lot in sought after Dallas neighborhood.
      12304 Dandridge Dr, Dallas, TX 75243
      View Details
    • $169,900

      Townhome-Style Condo in Dallas, TX

      Townhome-style condo with updated appliances and flooring in Dallas.
      9254 Forest Lane Cir, Dallas, TX 75243
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      134,542 SF

      Dallas Flex Space For Lease

      1,800 SF Flex Space in Dallas
      11857 Judd Ct, Dallas, TX 75243
      View Details
    • $9 SF/Yr
      48,168 SF

      Northgate Warehouse Space Available

      Dallas Warehouse: 3,540 - 11,646 SF
      12048-12092 Forestgate Dr, Dallas, TX 75243
      View Details
    • Contact for pricing
      3,482 SF

      Forest Lane Redevelopment Opportunity

      Dallas Warehouse, 3,482 SF, 0.89 Acres
      8124 Forest Ln, Dallas, TX 75243
      View Details
    • $10 SF/Yr
      60,446 SF

      Dallas Flex Space: Park Forest Business Center

      Versatile Dallas warehouse & retail space available.
      10500 Plano Rd, Dallas, TX 75243
      View Details
    • Contact for pricing
      67 SF

      Industrial Property Available For Rent

      Industrial property available for rent, offering 67 square feet.
      13650 T I Blvd, Dallas, TX 75243
      View Details
    • Contact for pricing
      41 SF

      Industrial Property for Rent

      Industrial property available for lease.
      11999 Plano Rd, Dallas, TX 75243
      View Details
    Request Owner's contact information
    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.
    12091 Forestgate Dr
    Dallas, TX 75243
    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.

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    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.