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    10501 Garland Rd Dallas, TX 75218-2638
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    Property profile & analytics

    10501 Garland Rd Dallas, TX 75218-2638

    View on Map
    • Specialty properties
    • 11,142 SF
    • 2.84 lot acres
    Off-Market
    Property ID
    US82-4526971
    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
    $685,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sparkman-Crane Funeral Home / Social Service Agency
    • Dallas Care Center / Social Service Agency

    Property Details for 10501 Garland Rd

    Year built
    1956
    Construction
    FRAME
    Lot size
    2.84 lot acres
    Property size
    11,142 SF
    Zone code
    Z59
    Property type
    Specialty properties
    APN
    380101000000
    APU
    380101000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $684,000
      Market price range: $432k - $825k

    • Alternative Use

      Use
      Estimation
      CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
      $640,000
      Current use
      RETAIL STORES
      $1,040,000
      Change: +63% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,000,000
      Change: +57% Conversion: Difficult
      MEDICAL BUILDING
      $755,000
      Change: +19% Conversion: Difficult
      OFFICE BUILDING
      $740,000
      Change: +16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.691
    Latitude
    32.8438
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,646
    $0.00
    $0.00
    $1,143,220
    -
    $0.00
    $0.00
    $1,143,220

    Comparable in this City

    • Value Estimation
      $655,000
      11,550 SF

      9179 Garland Rd

      CHARITABLE ORGANIZATION • 11,550 SF
      9179 Garland Rd, Dallas, TX 75218-3953
      View Details
    • Value Estimation by Request
      2,920 SF

      11414 Enw Hwy

      VETERINARY, ANIMAL HOSPITAL • 2,920 SF
      11414 Enw Hwy, Dallas, TX 75218-1402
      View Details
    • Value Estimation by Request
      2,813 SF

      11434 Garland Rd

      VETERINARY, ANIMAL HOSPITAL • 2,813 SF
      11434 Garland Rd, Dallas, TX 75218-2516
      View Details
    • Value Estimation by Request
      3,182 SF

      11307 Jupiter Rd

      DAY CARE, PRE-SCHOOL • 3,182 SF
      11307 Jupiter Rd, Dallas, TX 75218-2626
      View Details
    • Value Estimation by Request
      1,911 SF

      1140 Peavy Rd

      DAY CARE, PRE-SCHOOL • 1,911 SF
      1140 Peavy Rd, Dallas, TX 75218-2961
      View Details
    • Value Estimation by Request
      3.33 Acres

      930 Peavy Rd

      VACANT COMMERCIAL LAND • 3.33 Acres
      930 Peavy Rd, Dallas, TX 75218-2200
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,486 SF

      Automotive Collision Repair Shop For Sale

      16,486 SF automotive collision repair shop with NNN lease.
      12111 Garland Rd, Dallas, TX 75218
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    • $450,000
      0.18 Acres

      Cleared Lot in Little Forest

      Cleared 50 x 160 lot near White Rock Lake.
      8923 Groveland Dr, Dallas, TX 75218
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      15,536 SF

      Garland Medical Facility Sale-Leaseback Opportunity

      15,536 SF medical facility in Garland, TX for sale.
      10901 Garland Rd, Dallas, TX 75218
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    • Contact for pricing
      140,883 SF

      Dallas Sam's Club Investment Opportunity

      140,883 SF Sam's Club on 11.77 acres for sale.
      5555 S Buckner Blvd, Dallas, TX 75218
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    • Contact for pricing

      Retail and Warehouse Investment Opportunity

      Retail center and warehouse on over 2 acres of land.
      11124 Alvin St, Dallas, TX 75218
      View Details
    • Contact for pricing

      Dallas Area Investment Opportunity

      3,182 SF building zoned CR in Dallas, TX.
      11249 Jupiter Rd, Dallas, TX 75218
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Restaurant Space Available

      Retail and restaurant spaces in Casa Linda neighborhood near White Rock.
      9215 Garland Rd, Dallas, TX 75218
      View Details
    • Contact for pricing
      11,160 SF

      Casa Linda Plaza Retail Space

      Historic shopping center space in East Dallas, built in 1945.
      1152 N Buckner Blvd, Dallas, TX 75218
      View Details
    • Contact for pricing
      2,829 SF

      Retail Space in Lakewood, Dallas

      Located in Dallas's Lakewood submarket with high visibility.
      8949 Garland Rd, Dallas, TX 75218
      View Details
    • Contact for pricing
      1,758 SF

      East Dallas Endcap Restaurant Space

      1,758 SF restaurant space in East Dallas retail corridor.
      1160 Peavy Rd, Dallas, TX 75218
      View Details
    • $9 SF/Yr
      858 SF

      Office Space Available For Rent

      Second floor office space available for rent in Dallas.
      11124 Garland Rd, Dallas, TX 75218
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Dallas, Texas.
      11255 Garland Rd, Dallas, TX 75218
      View Details

    Property Visit Statistics

    • Visits by month
      6.0k
    • Visitors by month
      4.9k
    • Avg Time on site
      8 min
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    Dallas, TX 75218-2638
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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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