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    Dallas Tx Dallas, TX 75241
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    Dallas Tx Dallas, TX 75241

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    Property Details for 0 Dallas Tx

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional ±10.08-acre industrial land parcel, situated in the Southwest Dallas submarket of Dallas County, Texas (zip code 75241), presents a unique opportunity for secure truck parking. The property is ideally located in the Southwest Dallas submarket cluster, offering convenient access to major transportation arteries. The site features a fully fenced and secured yard, providing a safe and controlled environment for vehicle storage. The land is already stabilized, minimizing any upfront site preparation costs. This is a single-tenancy property, perfect for an owner-operator or a company seeking dedicated parking space for its fleet. The property is designated as industrial land and offers significant potential for various uses within the industrial sector. Given its size and location, this property represents a compelling investment opportunity for those seeking secure and convenient truck parking in the Dallas-Fort Worth metroplex. The property is ready for immediate occupancy. Contact for pricing.

    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
    -96.7601
    Latitude
    32.6604

    Comparable in this City

    • Value Estimation
      $1,585,000
      24,328 SF

      8770 Central Expy

      HEAVY INDUSTRIAL • 24,328 SF
      8770 Central Expy, Dallas, TX 75241-7502
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    • Value Estimation by Request
      8.40 Acres

      Lancaster Rd

      Land • 8.40 Acres
      0 Lancaster Rd, Dallas, TX 75241
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    • Value Estimation by Request
      6.20 Acres

      7535 University Hills Blvd

      Land • 6.20 Acres
      7535 University Hills Blvd, Dallas, TX 75241
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    • Value Estimation by Request
      5.50 Acres

      3640 Cedardale Rd

      Land • 5.50 Acres
      3640 Cedardale Rd, Dallas, TX 75241
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    • Value Estimation by Request
      16.28 Acres

      I-20

      Land • 16.28 Acres
      0 I-20, Dallas, TX 75241
      View Details
    • Value Estimation by Request
      11.40 Acres

      7225 University Hills Blvd

      Specialty properties • 500,069 SF
      7225 University Hills Blvd, Dallas, TX 75241
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6.75 Acres

      Dallas I-45 Industrial Land

      6.75 Acres, Prime Industrial Location
      4621 Simpson Stuart Rd, Dallas, TX 75241
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    • $135,000

      Vacant Land in Dallas, TX

      0.4 acre vacant lot for sale in Dallas, TX.
      3112 Mojave Dr, Dallas, TX 75241
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      Redevelopment Land on Wheatland Road

      Vacant land suitable for redevelopment in Dallas, Texas.
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    • $2,000,000
      6.06 Acres

      6.06 Acres of Raw Land

      6.06 acres of raw land with a 200 sq ft shed.
      9157 S Central Expy, Dallas, TX 75241
      View Details
    • Contact for pricing

      23 Acres of Land

      23 acres of land available for sale.
      1801 E Wheatland Rd, Dallas, TX 75241
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    • Contact for pricing

      Dallas Land on Telephone Rd

      Land available on Telephone Rd, Dallas, TX.
      4041 Telephone Rd, Dallas, TX 75241
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    Similar Nearby for Lease

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      Dallas Industrial Land - 9.37 Acres

      Spacious Industrial Lot, Ample Parking
      3801 Cleveland Rd, Dallas, TX 75241
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      Land For Rent Dallas

      Land available for rent in Dallas, Texas.
      8575 S Central Expy, Dallas, TX 75241
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    • Contact for pricing
      30,000 SF

      Dallas Warehouse Space Available

      30,000 square foot warehouse space for lease in Dallas.
      8189 S Central Expy, Dallas, TX 75241
      View Details
    • $1.58 SF/Yr
      209,088 SF

      Prime Dallas Industrial Land

      150+ Truck Spaces, Fenced & Secure
      34954 Lyndon B Johnson Fwy, Dallas, TX 75241, Dallas, TX 75241
      View Details
    • Contact for pricing

      Truck Parking and Storage Opportunity

      4-acre commercial land available for truck parking and outside storage.
      34954 Lyndon B Johnson Fwy, Dallas, TX 75241
      View Details
    • Contact for pricing
      25,000 SF

      Office Space For Rent

      25,000 square feet of office space available for lease.
      9701 N Central Expy, Dallas, TX 75241
      View Details
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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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