Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    10999 Petal St Dallas, TX 75238
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10999 Petal St Dallas, TX 75238

    View on Map
    • Showrooms
    • 20,560 SF
    • 1.59 lot acres
    For Sale
    $740,000
    View Listing →
    Dallas Land For Sale For Sale
    $740,000

    Dallas Land For Sale

    Land available for purchase in Dallas, Texas.

    10999 Petal St, Dallas, TX 75238
    View Listing
    Property ID
    US83-4051814
    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

    • Antonio Swad For Congress / Advocacy Group / Volunteer Organization
    • Applied culinary technology / Corporate Office
    • Santé – Health & Beauty Redefined / Alternative Medicine Practice

    Property Details for 10999 Petal St

    Year built
    1985
    Construction
    TILT-UP CONCRETE
    Lot size
    1.59 lot acres
    Property size
    20,560 SF
    Zone code
    Z116
    Property type
    Showrooms
    APN
    0080420A0004B0000
    APU
    0080420A0004B0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $845,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $637,000
      Market price range: $561k - $844k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $600,000
      Current use
      INDUSTRIAL (GENERAL)
      $815,000
      Change: +36% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.6914
    Latitude
    32.8838
    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
    $34,159
    $345,130
    $1,118,310
    $1,463,440
    -
    $345,130
    $1,118,310
    $1,463,440

    Comparable in this City

    • Value Estimation
      $1,315,000
      63,680 SF

      11060 Grader St

      SHOW ROOM, WAREHOUSE • 63,680 SF
      11060 Grader St, Dallas, TX 75238-2401
      View Details
    • Value Estimation by Request
      500 SF

      10205 Plano Rd

      SHOW ROOM, WAREHOUSE • 500 SF
      10205 Plano Rd, Dallas, TX 75238-1714
      View Details
    • Value Estimation
      $1,330,000
      48,932 SF

      10305 Brockwood Rd

      SHOW ROOM, WAREHOUSE • 48,932 SF
      10305 Brockwood Rd, Dallas, TX 75238-1656
      View Details
    • Value Estimation
      $590,000
      20,800 SF

      10265 Miller Rd

      SHOW ROOM, WAREHOUSE • 20,800 SF
      10265 Miller Rd, Dallas, TX 75238-1232
      View Details
    • Value Estimation by Request
      8,496 SF

      9870 Plano Rd

      SHOW ROOM, WAREHOUSE • 8,496 SF
      9870 Plano Rd, Dallas, TX 75238-5104
      View Details
    • Value Estimation
      $740,000
      23,656 SF

      10865 Sanden Dr

      SHOW ROOM, WAREHOUSE • 23,656 SF
      10865 Sanden Dr, Dallas, TX 75238-1338
      View Details

    Similar Nearby for Sale

    • $3,500,000
      1.35 Acres

      Dallas Car Wash Business Opportunity

      Established car wash business for sale in Dallas, Texas.
      12959 Jupiter Rd, Dallas, TX 75238
      View Details
    • Contact for pricing
      1,215 SF

      Move-In Ready Lake Highlands Suite

      Modern, renovated office suite in Lake Highlands. Perfect for small business.
      12989 Jupiter Rd, Dallas, TX 75238
      View Details
    • $800,000
      0.17 Acres

      Cleared Corner Lot in Dallas

      Cleared corner lot in coveted Lake Highlands neighborhood, Dallas, TX.
      8058 Eagle Trl, Dallas, TX 75238
      View Details
    • Contact for pricing
      50,569 SF

      Move-in Ready Office Suites Available

      Office suites available for lease with updated security system.
      11325 Pegasus St, Dallas, TX 75238
      View Details
    • Contact for pricing
      50,569 SF

      Dallas Office Building on Pegasus

      Two-story office building with ample parking and highway visibility.
      11325 Pegasus St, Dallas, TX 75238
      View Details
    • $279,000
      0.24 Acres

      Residential Infill Lots Package

      Three residential lots in Lake Highlands offered as a package.
      10914 Mccree Rd, Dallas, TX 75238
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,226 SF

      Retail Space in Dallas, TX

      1226 sq ft retail space available for rent.
      9660 Audelia Rd, Dallas, TX 75238
      View Details
    • $5,500 /Mo
      12,023 SF

      Remodeled Retail/Office Space in Dallas

      Remodeled retail or office space in central Dallas location.
      10098 Royal Ln, Dallas, TX 75238
      View Details
    • Contact for pricing
      1,200 SF

      Retail Center Near LBJ Freeway

      14,710 SF retail center with easy freeway access.
      10729 Audelia Rd, Dallas, TX 75238
      View Details
    • Contact for pricing
      1,841 SF

      Retail Space with High Visibility

      Single-story retail space with excellent visibility and convenient location.
      11312 Lyndon B Johnson Fwy, Dallas, TX 75238
      View Details
    • Contact for pricing
      1,156 SF

      Retail Space in Highland Oaks

      Retail space for lease in Dallas, Texas.
      9625 Plano Rd, Dallas, TX 75238
      View Details
    • Contact for pricing
      3,704 SF

      Retail Space on Audelia Road

      Retail space available for lease in Dallas, Texas.
      9634 Audelia Rd, Dallas, TX 75238
      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.
    10999 Petal St
    Dallas, TX 75238
    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.
    Sign Up Successful!
    You now have access to more from Realmo!