Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1405 W Frankford Rd Carrollton, TX 75007
    Back to Search
    Property profile & analytics

    1405 W Frankford Rd, Carrollton, TX 75007

    View on Map
    • Shopping centers
    Off-Market
    Property ID
    US83-2050299
    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

    • Redeemed Christian Church / Church
    • Donut Express / Bakery / Discount Store
    • RCCG Power Sanctuary / Church / Mosque
    • Compugolf Training Center / Golf Instructor
    • Mhl Cleaner / (Bike/Boat/Book/etc) Store

    Property Details for 1405 W Frankford Rd

    Year built
    1984
    Property type
    Shopping centers
    Property subtype
    Commercial real estate

    Description

    Discover Dickerson Square, a vibrant commercial center in Carrollton, TX, offering 13,876 square feet of prime retail space. This bustling center is situated at the high-traffic intersection of W Frankford Road and Dickerson Parkway, ensuring excellent visibility and accessibility. With a mix of established tenants including a dental clinic, chiropractic office, and various specialty shops, Dickerson Square caters to a diverse clientele. Built in 1984, the center spans 1.13 acres and features ample parking, modern amenities, and convenient access to major highways like I-35E. Ideal for businesses seeking a dynamic and thriving location in the heart of Carrollton's commercial district.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Denton
    State
    Texas
    Longitude
    -96.9208303
    Latitude
    32.9969001

    Comparable in this City

    • Contact for pricing
      1,676 SF

      Retail Space in Carrollton, Texas

      Retail space available in Carrollton, Texas at Frankford Standridge.
      1711 Frankford Rd E, Carrollton, TX 75007
      View Details
    • Contact for pricing
      2,433 SF

      Retail Space in Carrollton Center

      Retail space available in established Carrollton shopping center.
      2660-2722 N Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      Traditional shopping center in a rapidly growing North Carrollton area.
      4112 North Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Rapid Growth Area

      Retail space for lease in a rapidly growing area.
      3603-3645 Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      2,108 SF

      Retail Space in Carrollton Center

      Neighborhood retail center with diverse tenants and ample parking.
      3030 N Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      3,263 SF

      Restaurant Opportunity in International Business

      Second generation restaurant space in a high-traffic Plano location.
      3450 E Hebron Pkwy, Carrollton, TX 75007
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      40,000 SF

      New Mixed-Use Project For Sale

      Newly constructed mixed-use project with high traffic visibility.
      1601 E Trinity Mills Rd, Carrollton, TX 75007
      View Details
    • Contact for pricing
      40,000 SF

      New Mixed-Use Project For Sale

      Newly constructed mixed-use project with high traffic visibility.
      1601 E Trinity Mls Rd, Carrollton, TX 75007
      View Details
    • Contact for pricing
      9,400 SF

      Renovated Warehouse on Josey Lane

      Totally renovated warehouse with fenced lot and high traffic signage.
      3749 N Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      16,000 SF

      Multi-Tenant Industrial Complex For Sale

      16,000 SF multi-tenant industrial complex, 66% leased.
      1450 Halsey Way, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Land with I-35E Frontage

      Commercial land available with direct access to major highways.
      2610-2620 N I-35, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Highway Frontage Commercial Land Available

      Commercial land with highway frontage and prominent signage available.
      1835 W Frankford Rd, Carrollton, TX 75007
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,108 SF

      Retail Space in Carrollton Center

      Neighborhood retail center with diverse tenants and ample parking.
      3030 N Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Rapid Growth Area

      Retail space for lease in a rapidly growing area.
      3603-3645 Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      Traditional shopping center in a rapidly growing North Carrollton area.
      4112 North Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      1,676 SF

      Retail Space in Carrollton, Texas

      Retail space available in Carrollton, Texas at Frankford Standridge.
      1711 Frankford Rd E, Carrollton, TX 75007
      View Details
    • Contact for pricing
      2,433 SF

      Retail Space in Carrollton Center

      Retail space available in established Carrollton shopping center.
      2660-2722 N Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Retail and Office Spaces Available

      Retail and office spaces available for rent.
      1933 E Frankford Rd, Carrollton, TX 75007
      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.
    1405 W Frankford Rd
    Carrollton, TX 75007
    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
    1405 W Frankford Rd, Carrollton, TX, 75007
    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!