Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1012 W Hebron Pkwy Carrollton, TX 75010

    Property Lookup

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

    1012 W Hebron Pkwy Carrollton, TX 75010

    View on Map
    • Retail space
    For Lease
    View Listing →
    Retail Space in Carrollton, TX For Lease
    Contact for pricing

    Retail Space in Carrollton, TX

    Neighborhood center with strong national brand retailers, easy access.

    1012 W. Hebron Pkwy., Carrollton, TX 75010
    View Listing
    Property ID
    US83-1857257
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pet Supplies Plus Carrollton / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • Chilli Thai / Restaurant
    • Pretty Hair Design / Hair Salon
    • Massage Envy / Alternative Medicine Practice / Spa & Massage Center
    • Kimberly Kum Cho: Allstate Insurance / Insurance Agency

    Property Details for 1012 W Hebron Pkwy

    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional retail opportunity is located at the northwest corner of Hebron Parkway and Old Denton Road, offering unparalleled access and visibility. The property, part of the Hebron Heights Shopping Center, boasts a Class B building and features two available storefront spaces totaling 3,360 square feet. Each unit presents a unique chance to establish a thriving business within a high-traffic area. One space measures 1,190 square feet, while the second space's size is not specified. The center benefits from its strategic location near Highway 121, ensuring convenient access for customers. This prime location is further enhanced by the presence of strong retail co-tenancy, including established national brands such as Kohl's, Kroger, and Walmart, creating a synergistic environment and attracting a significant customer base. The multiple tenancy structure provides flexibility for various business models. The property's excellent visibility and convenient access make it an ideal location for a wide range of retail businesses seeking high foot traffic and strong brand recognition. This is a rare opportunity to secure a prominent retail space in a thriving shopping center with established anchors. The available spaces are currently vacant, presenting a blank canvas for your business vision. Contact us today to learn more about this exceptional retail opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Dallas
    State
    Texas
    Longitude
    -96.9174754
    Latitude
    33.022034

    Comparable in this City

    • Contact for pricing
      1,509 SF

      Retail Space on Hebron Parkway

      Retail space available in Carrollton, Texas, at Hebron Parkway.
      1008 W Hebron Pkwy, Carrollton, TX 75010
      View Details
    • Contact for pricing
      20,700 SF

      Retail Space Near RL Turner

      Retail spaces available near major highways and high school.
      14510 Josey Ln, Carrollton, TX 75010
      View Details
    • $26 SF/Yr
      1,670 SF

      Carrollton Retail Space For Lease

      Shell space in high-traffic Carrollton location, ideal for diverse businesses.
      4116 Sh 121, Carrollton, TX 75010
      View Details
    • Contact for pricing

      Retail Space Available

      Retail space for rent at 4132 State Hwy. 121.
      4132 State Highway 121, Carrollton, TX 75010
      View Details
    • Contact for pricing

      Retail Space in Carrollton, TX

      Neighborhood center with strong national brand retailers, easy access.
      1012 W Hebron Pkwy, Carrollton, TX 75010
      View Details
    • Contact for pricing
      3,263 SF

      Restaurant Opportunity in International Business

      Second generation restaurant space in a high-traffic Plano location.
      3450 E Hebron Pkwy, Carrollton, TX 75010
      View Details

    Similar Nearby for Sale

    • $749,000

      Prime Commercial Shell Space Available

      Shell space in Carrollton, TX, ideal for retail or office.
      4116 State Highway 121, Carrollton, TX 75010
      View Details
    • $699,000

      Commercial Prep Kitchen with Studio

      Commercial prep kitchen with studio space in Carrollton, Texas.
      4116 State Highway 121, Carrollton, TX 75010
      View Details
    • $2,390,000
      123,179 SF

      Prime Commercial Land Opportunity

      2.83 acres of commercial land with development potential.
      4242 Marsh Ridge Rd, Carrollton, TX 75010
      View Details
    • Contact for pricing
      1,670 SF

      Commercial Shell Space in Carrollton

      Shell space with highway frontage, ideal for various businesses.
      4116 State Highway 121, Carrollton, TX 75010
      View Details
    • Contact for pricing
      14,690 SF

      Fully Leased Retail Investment Opportunity

      Prime retail center in a high-income area, fully leased.
      1628 W Hebron Pkwy, Carrollton, TX 75010
      View Details
    • Contact for pricing
      2,325 SF

      New NNN Lease Restaurant

      New restaurant with a long-term NNN lease in Carrollton.
      4825 N Josey Ln, Carrollton, TX 75010
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      1,670 SF

      Carrollton Retail Space For Lease

      Shell space in high-traffic Carrollton location, ideal for diverse businesses.
      4116 Sh 121, Carrollton, TX 75010
      View Details
    • Contact for pricing
      1,509 SF

      Retail Space on Hebron Parkway

      Retail space available in Carrollton, Texas, at Hebron Parkway.
      1008 W Hebron Pkwy, Carrollton, TX 75010
      View Details
    • Contact for pricing
      20,700 SF

      Retail Space Near RL Turner

      Retail spaces available near major highways and high school.
      14510 Josey Ln, Carrollton, TX 75010
      View Details
    • Contact for pricing

      Retail Space Available

      Retail space for rent at 4132 State Hwy. 121.
      4132 State Highway 121, Carrollton, TX 75010
      View Details
    • Contact for pricing

      Retail Space in Carrollton, TX

      Neighborhood center with strong national brand retailers, easy access.
      1012 W Hebron Pkwy, Carrollton, TX 75010
      View Details
    • Contact for pricing
      3,263 SF

      Restaurant Opportunity in International Business

      Second generation restaurant space in a high-traffic Plano location.
      3450 E Hebron Pkwy, Carrollton, TX 75010
      View Details
    View Listing
    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.
    1012 W Hebron Pkwy
    Carrollton, TX 75010
    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

    1012 W Hebron Pkwy, Carrollton, TX, 75010

    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!