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    5500 2Nd Ave Dallas, TX 75210

    • Commercial real estate
    • 0.45 lot acres
    For Sale
    View listing
    $300,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2345526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5500 2Nd Ave

    Lot size
    0.45 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.45-acre commercial land parcel presents a unique investment opportunity in the heart of Dallas, Texas. Situated at 5500 2nd Avenue, this property boasts a highly desirable location at a signaled intersection on the on and off ramps of Highway 175 and 2nd Avenue, ensuring maximum visibility and accessibility. The property is zoned IR – Industrial Research, offering flexibility for a variety of commercial uses. Given its prominent location and zoning, this land is particularly well-suited for businesses requiring high traffic exposure, such as a gas station or a small quick-serve restaurant. The asking price is $300,000. The property's address is 5500 2nd Avenue, Dallas, Texas, 75210, within Dallas County. Its precise coordinates are latitude 32.746828 and longitude -96.728717. This is a rare opportunity to acquire a strategically located commercial lot with significant development potential in a thriving Dallas market. Don't miss out on this chance to secure a prime piece of real estate in a high-traffic area.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.728717
    Latitude
    32.746828

    Comparable in this City

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      Vacant Land East Dallas

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    • $144,000
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      Vacant Commercial Lot Near Fair Park

      Vacant commercial lot near the historic Fair Park district.
      4121 Hamilton Ave, Dallas, TX 75210
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    • New
      $350,000
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      Acre Lot Near Fair Park

      One acre flat lot zoned for single family development.
      4723 Collins Ave, Dallas, TX 75210
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    • $65,000

      Commercial Lot in Dallas Heart

      Commercial lot in Dallas, excellent visibility, quick highway access.
      3934 Sidney St, Dallas, TX 75210
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    • $159,000
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      Residential Land in Developing Area

      Multi-family lot near downtown, highways, and Fair Park.
      2006 Jb Jackson Jr Blvd, Dallas, TX 75210
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    • $145,000
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      Dallas Duplex with Adjacent Lot

      Duplex with long-term tenants, plus adjacent lot for sale.
      4525 Canal St, Dallas, TX 75210
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    Similar Nearby for Sale

    • $60,000
      0.17 Acres

      Vacant Land East Dallas

      Vacant lot ready for new home construction in Dallas.
      4220 Marshall Dr, Dallas, TX 75210
      View Details
    • $144,000
      0.18 Acres

      Vacant Commercial Lot Near Fair Park

      Vacant commercial lot near the historic Fair Park district.
      4121 Hamilton Ave, Dallas, TX 75210
      View Details
    • New
      $350,000
      1.00 Acres

      Acre Lot Near Fair Park

      One acre flat lot zoned for single family development.
      4723 Collins Ave, Dallas, TX 75210
      View Details
    • $65,000

      Commercial Lot in Dallas Heart

      Commercial lot in Dallas, excellent visibility, quick highway access.
      3934 Sidney St, Dallas, TX 75210
      View Details
    • $159,000
      0.15 Acres

      Residential Land in Developing Area

      Multi-family lot near downtown, highways, and Fair Park.
      2006 Jb Jackson Jr Blvd, Dallas, TX 75210
      View Details
    • $145,000
      0.11 Acres

      Dallas Duplex with Adjacent Lot

      Duplex with long-term tenants, plus adjacent lot for sale.
      4525 Canal St, Dallas, TX 75210
      View Details
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    5500 2Nd Ave
    Dallas, TX 75210
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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.

    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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