Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1234 Abrams Rd Dallas, TX 75214-4850
    Back to Search
    Property profile & analytics

    1234 Abrams Rd, Dallas, TX 75214-4850

    View on Map
    • Assisted living facilities
    • 138,836 SF
    • 11.01 lot acres
    Off-Market
    Property ID
    US82-4592832
    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
    $2,730,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Juliette Fowler Communities / Retirement Community

    Property Details for 1234 Abrams Rd

    Year built
    1984
    Construction
    FRAME
    Lot size
    11.01 lot acres
    Zone code
    Z164
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    001617000101A0000
    APU
    001617000101A0000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 11, 2008 — Juliette Fowler Props INC Owner Name Unavailable Grant Deed · related —
    — — Juliette Fowler Homes INC — Deed Of Trust · related $3.6M · Juliette Fowler Foundation

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $3,130,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7543
    Latitude
    32.8029
    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
    $0.00
    $3,836,700
    $50,470,160
    $54,306,860
    -
    $3,836,700
    $50,470,160
    $54,306,860

    Comparable in this City

    • Value Estimation
      $4,850,000
      271,911 SF

      4829 Lawther Dr

      HOMES (RETIRED, NURSING)
      4829 Lawther Dr, Dallas, TX 75214-1858
      View Details
    • Value Estimation by Request
      4,536 SF

      6331 Prospect Ave

      MEDICAL BUILDING
      6331 Prospect Ave, Dallas, TX 75214-3938
      View Details
    • Value Estimation by Request
      3,816 SF

      6329 Oram St

      MEDICAL BUILDING
      6329 Oram St, Dallas, TX 75214-3931
      View Details
    • Value Estimation by Request
      0.15 Acres

      5712 Gaston Ave

      VACANT COMMERCIAL LAND
      5712 Gaston Ave, Dallas, TX 75214-4624
      View Details
    • Value Estimation by Request
      0.06 Acres

      5537 Columbia Ave

      VACANT COMMERCIAL LAND
      5537 Columbia Ave, Dallas, TX 75214-5123
      View Details
    • Value Estimation by Request
      0.05 Acres

      514 Hillside Vlg

      VACANT COMMERCIAL LAND
      514 Hillside Vlg, Dallas, TX 75214-2446
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,603 SF

      New Multifamily Community in Dallas

      Boutique 26-unit multifamily property in dynamic East Dallas neighborhood.
      5313 Reiger Ave, Dallas, TX 75214
      View Details
    • Contact for pricing
      4,402 SF

      Multifamily Property with Five Units

      Multifamily property featuring five units, totaling 4,402 square feet.
      4936 Worth St, Dallas, TX 75214
      View Details
    • $89,000
      0.09 Acres

      Dallas Land For Sale

      Unimproved land available in Dallas, Texas.
      115 S Saint Mary Ave, Dallas, TX 75214
      View Details
    • $995,000
      0.29 Acres

      East Dallas Land for Development

      12,800 sq ft land in East Dallas for development.
      5321 Reiger Ave, Dallas, TX 75214
      View Details
    • $373,800
      0.22 Acres

      Corner Vacant Commercial Lot

      Vacant corner lot with mixed-use zoning, offering flexible development potential near major East Dallas destinations.
      4951 E Side Ave, Dallas, TX 75214
      View Details
    • $650,000
      Pending

      Full Duplex in East Dallas

      Rare duplex offering two 2-bedroom units with separate laundry and updated major systems.
      6524 Ravendale Ln, Dallas, TX 75214
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant and Retail Space Available

      Restaurant and retail opportunities in Lakewood, beneath luxury multifamily development.
      7530 E Grand Ave, Dallas, TX 75214
      View Details
    • Contact for pricing
      2,238 SF

      Retail or Medical Space Available

      2,238 SF retail or medical space for lease.
      5004 Columbia Ave, Dallas, TX 75214
      View Details
    • Contact for pricing

      Retail and Restaurant Space Available

      75,000 square foot retail center in Lakewood district.
      2014 Skillman St, Dallas, TX 75214
      View Details
    • Contact for pricing
      3,794 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in Lakewood district.
      5815 Live Oak St, Dallas, TX 75214
      View Details
    • Contact for pricing
      2,465 SF

      Retail Space in Dallas Center

      Tom Thumb-anchored retail center with high visibility and strong demographics.
      7331 Gaston Ave, Dallas, TX 75214
      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.
    1234 Abrams Rd
    Dallas, TX 75214-4850
    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
    1234 Abrams Rd, Dallas, TX, 75214
    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!