Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Nwc Trinity Ml & Dallas Pkwy Dallas, TX 75287
    Back to Search
    Property profile & analytics

    Nwc Trinity Ml & Dallas Pkwy Dallas, TX 75287

    View on Map
    • Neighborhood centers
    • 44,944 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 0 Nwc Trinity Ml & Dallas Pkwy

    Property size
    44,944 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Parkway Corners Shopping Center, located at the Northwest corner of Trinity Mills Road and Dallas Parkway in Dallas, Texas (zip code 75287), offers exceptional retail space with high visibility. This multi-tenant strip center and restaurant space totals 44,944 square feet. Currently, there are multiple spaces available, ranging from a minimum of 1,322 square feet to a maximum contiguous space of 5,209 square feet. A significant 11,096 square feet is currently vacant, presenting a unique opportunity for expansion or new tenancy. The property's prime location at a major intersection ensures high traffic volume and excellent exposure for businesses. The address is specifically identified as the Northwest corner of Trinity Mills and Dallas Parkway, offering unparalleled access and visibility for potential tenants. This is an ideal location for businesses seeking a strong presence in a thriving Dallas commercial area. The flexible space options cater to a variety of retail and restaurant concepts, making it a versatile investment opportunity. The property's size and layout provide ample room for growth and customization to suit individual business needs. Interested parties are encouraged to inquire about available space and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8296
    Latitude
    32.9903

    Comparable in this City

    • Value Estimation by Request
      32,813 SF

      3920 Rosemeade Pkwy

      Lifestyle centers • 32,813 SF
      3920 Rosemeade Pkwy, Dallas, TX 75287
      View Details
    • Value Estimation by Request
      16,428 SF

      I-45 & Fm 3083

      Land • 16,428 SF
      I-45 & Fm 3083, Dallas, TX 75287
      View Details
    • Value Estimation by Request
      10,089 SF

      3099 Frankford Rd

      Day care centers • 10,089 SF
      3099 Frankford Rd, Dallas, TX 75287
      View Details
    • Value Estimation by Request
      11,000 SF

      18613 Marsh Ln

      Retail properties & Spaces • 11,000 SF
      18613 Marsh Ln, Dallas, TX 75287
      View Details
    • Value Estimation by Request
      85,599 SF

      3939 Frankford Rd

      Retail properties & Spaces • 85,599 SF
      3939 Frankford Rd, Dallas, TX 75287
      View Details
    • Value Estimation by Request
      4,360 SF

      3427 Trinity Mls Rd Ste, Unit 900

      REGIONAL SHOPPING CENTER, MALL • 4,360 SF
      3427 Trinity Mls Rd Ste, Dallas, TX 75287-6279
      View Details

    Similar Nearby for Sale

    • $6,200,000
      10,964 SF

      Retail Strip Center with Fuel

      Retail strip center with corner fuel station in North Dallas.
      18611-18613 Marsh Ln, Dallas, TX 75287
      View Details
    • Contact for pricing

      Freestanding Daycare Building on Land

      8,000 SF daycare on 1.38 AC corner lot.
      19310 Midway Rd, Dallas, TX 75287
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Center on Dallas Parkway

      High-profile retail center with excellent visibility and monument signage.
      18111 Dallas Pkwy, Dallas, TX 75287
      View Details
    • Contact for pricing
      1,485 SF

      Retail Space at Dallas Parkway

      Retail space available at a high-visibility Dallas location.
      17721 Dallas Pkwy, Dallas, TX 75287
      View Details
    • Contact for pricing
      32,813 SF

      Caladium Village Retail Space

      Dallas retail center, prime location.
      3920 Rosemeade Pkwy, Dallas, TX 75287
      View Details
    • Contact for pricing
      48,901 SF

      Restaurant Space Available For Rent

      Second generation restaurant spaces available in Dallas, Texas.
      4520 Frankford Rd, Dallas, TX 75287
      View Details
    • Contact for pricing

      Retail Space Anchored by Kroger

      Retail space in a Kroger-anchored shopping center with ample parking.
      3915 Frankford Rd, Dallas, TX 75287
      View Details
    • Contact for pricing
      3,500 SF

      Retail Center on Frankford Road

      High-profile retail center at Dallas North Tollway and Frankford.
      4520 Frankford Rd, Dallas, TX 75287
      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.
    Nwc Trinity Ml & Dallas Pkwy
    Dallas, TX 75287
    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

    Thank You for Inquiry
    Nwc Trinity Ml & Dallas Pkwy, Dallas, TX, 75287
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!