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

    108 Fairmeadows Dr Duncanville, TX 75116-2224

    • Warehouses
    • 4,370 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    7.3%
    Warehouses
    Location Intelligence
    Property ID
    US82-4814835
    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

    • Big Wheel / Trucking Company
    • Jus Glo Fashion / Clothing Store
    • COMET MOTOR SPORTS / Car Dealer

    Property Details for 108 Fairmeadows Dr

    Year built
    1969
    Construction
    STEEL FRAME
    Lot size
    0.34 lot acres
    Property size
    4,370 SF
    Zone code
    Z109
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    22029500010140000
    APU
    22029500010140000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $365,000
      6.5%
      $340,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $249,000
      Market price range: $105k - $472k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $260,000
      Current use
      RETAIL STORES
      $430,000
      Change: +64% Conversion: Moderate
      OFFICE BUILDING
      $370,000
      Change: +42% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncanville
    County
    Dallas
    State
    Texas
    Longitude
    -96.9066
    Latitude
    32.666
    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
    $5,623
    $30,870
    $216,400
    $247,270
    -
    $30,870
    $216,400
    $247,270

    Comparable in this City

    • Value Estimation
      $965,000
      67,675 SF

      1410 Duncanville Rd

      MINI-WAREHOUSE, STORAGE • 67,675 SF
      1410 Duncanville Rd, Duncanville, TX 75116-2210
      View Details
    • Value Estimation
      $355,000
      12,000 SF

      1350 Main St

      MINI-WAREHOUSE, STORAGE • 12,000 SF
      1350 Main St, Duncanville, TX 75116-2315
      View Details
    • Value Estimation
      $290,000
      1,950 SF

      511 Merrill Ave

      MINI-WAREHOUSE, STORAGE • 1,950 SF
      511 Merrill Ave, Duncanville, TX 75116-3628
      View Details
    • Value Estimation
      $1,005,000
      40,760 SF

      1212 Duncanville Rd

      MINI-WAREHOUSE, STORAGE • 40,760 SF
      1212 Duncanville Rd, Duncanville, TX 75116-2206
      View Details
    • Value Estimation
      $1,135,000
      31,200 SF

      1200 Main St

      MINI-WAREHOUSE, STORAGE • 31,200 SF
      1200 Main St, Duncanville, TX 75116-2314
      View Details
    • Value Estimation
      $300,000
      16,000 SF

      214 Woodhaven Blvd

      MINI-WAREHOUSE, STORAGE • 16,000 SF
      214 Woodhaven Blvd, Duncanville, TX 75116-2307
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Duncanville Warehouse with Dock Doors

      Warehouse with office space and multiple dock doors.
      1010 Duncanville Rd, Duncanville, TX 75116
      View Details
    • New
      $793,000
      0.34 Acres

      Income-Producing Mixed-Use Properties in Duncanville

      Two income-producing mixed-use properties for sale in Duncanville, Texas.
      118 W Fairmeadows Dr, Duncanville, TX 75116
      View Details
    • Contact for pricing

      Duncanville Industrial Distribution Center

      Prime Distribution Space, 16' Clear Height
      1010 Duncanville Rd, Duncanville, TX 75116
      View Details
    • $245,000
      1.16 Acres

      Prime Duncanville Retail Land

      1.157 Acres, High Visibility, $245,000
      0 739 & 743, Duncanville, TX 75116
      View Details
    • $300,000

      Retail Lot in Duncanville

      0.96 acre retail lot with high traffic exposure.
      1006-1014 N Cedar Ridge Dr, Duncanville, TX 75116
      View Details
    • $700,000
      3,675 SF

      Medical Office Building For Sale

      Medical office building featuring multiple exam rooms and office spaces.
      523 W Wheatland Rd, Duncanville, TX 75116
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,278 SF

      Westgate Plaza Retail Space Available

      Duncanville Retail Center, High Traffic Area
      102 Camp Wisdom Rd, Duncanville, TX 75116
      View Details
    • $975 /Mo
      4,000 SF

      Revitalized Retail Space in Duncanville

      Dynamic retail center undergoing significant redevelopment in Duncanville, Texas.
      502-550 E Wheatland Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing
      7,200 SF

      Duncanville Retail Space For Lease

      Retail space available in Red Bird Village Shopping Center.
      223-303 W Camp Wisdom Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing
      1,013 SF

      Duncanville Office Space Available

      Office space for rent in Duncanville, Texas, 1013 square feet.
      1314 S Main St, Duncanville, TX 75116
      View Details
    • $1,750 /Mo

      Historic District Commercial Property

      Versatile commercial space in Duncanville's historic district.
      314 N Hastings St, Duncanville, TX 75116
      View Details
    • $2,060 /Mo
      1,455 SF

      Wheatland Plaza Retail Opportunity

      Retail space available in redeveloped Wheatland Plaza, Duncanville, TX.
      402-466 E Wheatland Rd, Duncanville, TX 75116
      View Details
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    Duncanville, TX 75116-2224
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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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