Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10620 Stemmons Fwy Dallas, TX 75220-2427

    • Gas stations
    • 9,018 SF
    • 3.91 lot acres
    OFF-MARKET
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4327106
    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

    • Paccar Leasing Company / Car Rental Facility
    • PacLease- Peterbilt and Kenworth Truck Rental & Leasing / Car Rental Facility

    Property Details for 10620 Stemmons Fwy

    Year built
    1993
    Construction
    TILT-UP CONCRETE
    Lot size
    3.91 lot acres
    Property size
    9,018 SF
    Zone code
    Z116
    Property type
    Gas stations
    APN
    006492000002A0000
    APU
    006492000002A0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $490,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $911,000
      Market price range: $376k - $1.20M

    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $800,000
      Current use
      AUTO REPAIR, GARAGE
      $1,050,000
      Change: +31% Conversion: Difficult
      RESTAURANT
      $990,000
      Change: +23% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8963
    Latitude
    32.8716
    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
    $29,832
    $1,021,760
    $278,240
    $1,300,000
    -
    $1,021,760
    $278,240
    $1,300,000

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      2520 Wnw Hwy

      SERVICE STATION (FULL SERVICE) • 8,000 SF
      2520 Wnw Hwy, Dallas, TX 75220-4532
      View Details
    • Value Estimation by Request
      4,096 SF

      3421 Wnw Hwy

      SERVICE STATION (FULL SERVICE) • 4,096 SF
      3421 Wnw Hwy, Dallas, TX 75220-5952
      View Details
    • Value Estimation by Request
      3,700 SF

      10411 Harry Hines Blvd

      SERVICE STATION (FULL SERVICE) • 3,700 SF
      10411 Harry Hines Blvd, Dallas, TX 75220-4413
      View Details
    • Value Estimation
      $725,000
      6,713 SF

      2647 Wnw Hwy

      SERVICE STATION (FULL SERVICE) • 6,713 SF
      2647 Wnw Hwy, Dallas, TX 75220-4557
      View Details
    • Value Estimation
      $620,000
      13,632 SF

      10807 Harry Hines Blvd

      SERVICE STATION (FULL SERVICE) • 13,632 SF
      10807 Harry Hines Blvd, Dallas, TX 75220-1313
      View Details
    • Value Estimation by Request
      5,000 SF

      10731 Goodnight Ln

      SERVICE STATION (FULL SERVICE) • 5,000 SF
      10731 Goodnight Ln, Dallas, TX 75220-2446
      View Details

    Similar Nearby for Sale

    • New
      $2,650,000
      10,000 SF

      Warehouse with Automotive Tenant

      Income-producing warehouse with long-term automotive tenant in Dallas, TX.
      2839 Nagle St, Dallas, TX 75220
      View Details
    • Contact for pricing

      Renovated Sale and Service Facility

      High-end renovated facility with secure storage and convenient location.
      10465 Shady Trl, Dallas, TX 75220
      View Details
    • Contact for pricing
      6,294 SF

      Retail Property in Dallas, Texas

      Retail property with 6,294 square feet of space.
      2403 Community Dr, Dallas, TX 75220
      View Details
    • Contact for pricing
      1.61 Acres

      Dallas Retail Center - Hwy Access

      High-traffic retail space, ample parking.
      2209 Northwest Hwy, Dallas, TX 75220
      View Details
    • Contact for pricing
      25,841 SF

      Dallas Retail Center: Prime Location

      25,841 SF Retail Space - Dallas, TX
      2373 Stemmons Trl, Dallas, TX 75220
      View Details
    • $2,390,000
      500 SF

      Retail Property on Northwest Highway

      Retail property available for sale on Northwest Highway.
      2018-2020 W Northwest Hwy, Dallas, TX 75220
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,570 SF

      Dallas Retail Space - Northwest Hwy

      Prime Dallas storefront, 1,000 sq ft available.
      2731 Northwest Hwy, Dallas, TX 75220
      View Details
    • Contact for pricing
      7,250 SF

      Retail Space with I-35 Exposure

      Retail property available for lease or ground lease.
      10310 Lombardy Ln, Dallas, TX 75220
      View Details
    • Contact for pricing
      4,541 SF

      Retail Space in Fiesta Anchored Center

      Retail space available in a Fiesta anchored shopping center.
      9727-9753 Webb Chapel Rd, Dallas, TX 75220
      View Details
    • Contact for pricing
      750 SF

      Retail Space in Dallas Center

      Retail space available in a high-traffic Dallas shopping center.
      2904-2950 W Northwest Hwy, Dallas, TX 75220
      View Details
    • $25 SF/Yr
      111,004 SF

      Dallas Medical Office Space For Lease

      Prime Dallas medical office suites available.
      3440 Webb Chapel Ext, Dallas, TX 75220
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space Near Love Field

      Retail space available near Dallas Love Field Airport.
      3440-3474 Webb Chapel Ext, Dallas, TX 75220
      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.
    10620 Stemmons Fwy
    Dallas, TX 75220-2427
    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

    Google sign-in failed. Please try again or use another login method.