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    145 W Fm 1382 Cedar Hill, TX 75104
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    Property profile & analytics

    145 W Fm 1382 Cedar Hill, TX 75104

    View on Map
    • Strip malls
    • 8,932 SF
    • 1.07 lot acres
    For Sale
    $3,500,000
    View Listing →
    High Profile NNN Pad Sites For Sale
    $3,500,000
    8,930 SF

    High Profile NNN Pad Sites

    NNN pad sites anchored by Verizon and Sears.

    145 W FM 1382, Cedar Hill, TX
    View Listing
    Property ID
    US82-1508131
    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

    • LaBella Nail & Spa / Nail Salon

    Property Details for 145 W Fm 1382

    Year built
    2008
    Construction
    TILT-UP CONCRETE
    Lot size
    1.07 lot acres
    Property size
    8,932 SF
    Zone code
    Z137
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    160457200A1RB0000
    APU
    160457200A1RB0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $555,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $556,000
      Market price range: $301k - $557k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $420,000
      Current use
      RETAIL STORES
      $860,000
      Change: +104% Conversion: Easy
      MEDICAL BUILDING
      $800,000
      Change: +90% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $420,000
      Change: -1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.9436
    Latitude
    32.6004
    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
    $55,785
    $650,690
    $1,749,310
    $2,400,000
    -
    $650,690
    $1,749,310
    $2,400,000

    Comparable in this City

    • Value Estimation
      $745,000
      15,000 SF

      538 Belt Line Rd

      SHOPPING CENTER, STRIP CENTER • 15,000 SF
      538 Belt Line Rd, Cedar Hill, TX 75104-2209
      View Details
    • Value Estimation by Request
      512 SF

      706 Cedar St

      SHOPPING CENTER, STRIP CENTER • 512 SF
      706 Cedar St, Cedar Hill, TX 75104-4606
      View Details
    • Value Estimation
      $1,200,000
      32,880 SF

      213 Hwy 67

      SHOPPING CENTER, STRIP CENTER • 32,880 SF
      213 Hwy 67, Cedar Hill, TX 75104-2168
      View Details
    • Value Estimation
      $1,410,000
      29,276 SF

      420 Hwy 67

      SHOPPING CENTER, STRIP CENTER • 29,276 SF
      420 Hwy 67, Cedar Hill, TX 75104-2140
      View Details
    • Value Estimation
      $535,000
      8,940 SF

      949 J Elmer Weaver Fwy

      SHOPPING CENTER, STRIP CENTER • 8,940 SF
      949 J Elmer Weaver Fwy, Cedar Hill, TX 75104
      View Details
    • Value Estimation by Request
      8,550 SF

      301 Hwy 67

      SHOPPING CENTER, STRIP CENTER • 8,550 SF
      301 Hwy 67, Cedar Hill, TX 75104
      View Details

    Similar Nearby for Sale

    • New
      $580,000
      2,432 SF

      Cedar Hill Retail-Office Building

      Retail-office building in Cedar Hill's historic downtown square.
      708 Cedar St, Cedar Hill, TX 75104
      View Details
    • $215,000
      1,290 SF

      Cedar Hill Retail Opportunity

      Two buildings totaling 1,290 SF on one lot.
      227 Texas St, Cedar Hill, TX 75104
      View Details
    • $3,700,000
      28.95 Acres

      Prime Commercial Acreage in Cedar Hill

      Versatile property suitable for retail and residential development near Highway 67.
      1318 N J Elmer Weaver Fwy, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Vacant Childcare Facility For Sale

      Vacant 12,877 SF childcare facility on 1.49 acres.
      310 W Belt Line Rd, Cedar Hill, TX 75104
      View Details
    • $3,500,000
      8,930 SF

      High Profile NNN Pad Sites

      NNN pad sites anchored by Verizon and Sears.
      145 W Fm 1382, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Cedar Hill Commercial Pad Site

      2.378-acre commercial pad in Cedar Hill's retail corridor.
      Sec Of Fm 1382 & Struass Rd, Cedar Hill, TX 75104
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,415 SF

      Cedar Hill Retail Space Available

      Retail space available in Cedar Hill Crossing power center.
      420-432 Highway 67 N, Cedar Hill, TX 75104
      View Details
    • Contact for pricing
      14,616 SF

      Uptown Center Retail Space Available

      Dallas Retail Space: 1,883 sq ft storefront.
      613 Uptown Blvd, Cedar Hill, TX 75104
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Cedar Hill

      Retail space available within a power center anchored by Target.
      420 E Pleasant Run Rd, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Retail Space in Cedar Hill

      130,582 SF shopping center with ample parking.
      67 & Belt Line, Cedar Hill, TX 75104
      View Details
    • Contact for pricing
      1,300 SF

      Retail Spaces in Cedar Hill

      Retail spaces available in a busy Cedar Hill shopping center.
      233 E Fm 1382, Cedar Hill, TX 75104
      View Details
    • Contact for pricing
      4,745 SF

      Retail Space in Hillside Village

      Community-driven lifestyle center with high foot traffic and regional anchors.
      305 W Fm 1382, Cedar Hill, TX 75104
      View Details
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    Cedar Hill, TX 75104
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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.

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