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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2810 Trinity Mills Rd Carrollton, TX 75006

    • Neighborhood centers
    • 126,864 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • SHUR Wealth Strategies / Legal Services / Insurance Agency
    • Restore Your Life Today / Counselor
    • MyEyeDr. / Eye Care Center / Contact Lenses Supplier
    • Custom Pool Construction / Swimming Pool Contractor / Public Swimming Pool

    Property Details for 2810 Trinity Mills Rd

    Year built
    1985
    Property size
    126,864 SF
    Property type
    Neighborhood centers
    Property subtype
    Community centers

    Description

    Mills Pointe Shopping Center, located at 2810 E Trinity Mills Rd in Carrollton, Texas (zip code 75006), presents a compelling opportunity for retail businesses seeking space in the thriving Far North Dallas submarket of Dallas County. This established neighborhood shopping center, totaling 126,864 square feet, underwent renovations in 2016, ensuring modern amenities for tenants and customers. Currently, there are multiple spaces available, ranging from a minimum of 1,977 square feet to a maximum contiguous space of 2,820 square feet

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Dallas
    State
    Texas
    Longitude
    -96.8539
    Latitude
    32.9858

    Comparable in this City

    • Value Estimation by Request
      126,864 SF

      2810 Trinity Mls Rd

      Lifestyle centers • 126,864 SF
      2810 Trinity Mls Rd, Carrollton, TX 75006
      View Details
    • Value Estimation
      $835,000
      28,383 SF

      2717 Belt Line Rd

      SHOPPING CENTER, STRIP CENTER • 28,383 SF
      2717 Belt Line Rd, Carrollton, TX 75006-5446
      View Details
    • Value Estimation
      $430,000
      3,000 SF

      1600 Marsh Ln

      SHOPPING CENTER, STRIP CENTER • 3,000 SF
      1600 Marsh Ln, Carrollton, TX 75006-5236
      View Details
    • Value Estimation
      $560,000
      13,209 SF

      1016 Trinity Mls Rd

      SHOPPING CENTER, STRIP CENTER • 13,209 SF
      1016 Trinity Mls Rd, Carrollton, TX 75006-1306
      View Details
    • Value Estimation
      $465,000
      5,520 SF

      2510 Josey Ln

      SHOPPING CENTER, STRIP CENTER • 5,520 SF
      2510 Josey Ln, Carrollton, TX 75006-1672
      View Details
    • Value Estimation
      $265,000
      7,000 SF

      1720 Josey Ln

      SHOPPING CENTER, STRIP CENTER • 7,000 SF
      1720 Josey Ln, Carrollton, TX 75006-6084
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.72 Acres

      Prime Carrollton Commercial Land

      74,836 SF, I-35E Frontage, High Traffic
      2620 Interstate 35E, Carrollton, TX 75006
      View Details
    • $1,500,000
      9,288 SF

      Carrollton Childcare Center Investment

      9,288 SF Daycare, High Potential
      2210 Kelly Blvd, Carrollton, TX 75006
      View Details
    • $8,500,000
      40,000 SF

      New Mixed-Use Project For Sale

      Newly constructed mixed-use project with high traffic visibility.
      1601 E Trinity Mills Rd, Carrollton, TX 75006
      View Details
    • $498,000
      2.64 Acres

      Prime Carrollton I-35E Lot

      Build Your Business Here! 2.64 Acres.
      900 Crosby Rd, Carrollton, TX 75006
      View Details
    • $1,100,000
      545 SF

      The Human Bean Opportunity

      Turn-key coffee business and real estate for sale.
      2661 Midway Rd, Carrollton, TX 75006
      View Details
    • $499,000
      0.38 Acres

      Carrollton I-35E Development Land

      Prime Carrollton location, high visibility.
      1610 Interstate 35E, Carrollton, TX 75006
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      72,203 SF

      Josey Ranch Retail Center Investment

      Prime Retail Space, Dallas County
      2150 Josey Ln, Carrollton, TX 75006
      View Details
    • Contact for pricing
      39,660 SF

      Trinity Mills Crossing

      Retail properties • 39,660 SF
      2408 Trinity Mls Rd, Carrollton, TX 75006
      View Details
    • $24 SF/Yr
      33,980 SF

      Addison Square Office Space

      Carrollton, TX Office Building - 33,980 SF
      2741 Belt Line Rd, Carrollton, TX 75006
      View Details
    • Contact for pricing
      40,000 SF

      Trinity Highlands Retail Center

      Carrollton, TX: Prime Retail Space Available
      1601 Trinity Mls Rd, Carrollton, TX 75006
      View Details
    • $22 SF/Yr
      39,618 SF

      Keller Springs Village Retail Center

      High-traffic shopping center space available.
      2155 Marsh Ln, Carrollton, TX 75006
      View Details
    • Contact for pricing
      1,578 SF

      Carrollton Retail Space - Stemmons Fwy

      Prime Carrollton retail space, 1578 sq ft.
      0 Stemmons Fwy, Carrollton, TX 75006
      View Details
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    2810 Trinity Mills Rd
    Carrollton, TX 75006
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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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