Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    15202 Montfort Rd Dallas, TX 75248-6401
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15202 Montfort Rd Dallas, TX 75248-6401

    View on Map
    • Banks
    • 4,361 SF
    • 1.12 lot acres
    Off-Market
    Property ID
    US82-3756107
    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
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chase ATM / Atm

    Property Details for 15202 Montfort Rd

    Year built
    2006
    Construction
    FRAME
    Lot size
    1.12 lot acres
    Property size
    4,361 SF
    Zone code
    Z239
    Property type
    Banks
    APN
    008222000B07E0000
    APU
    008222000B07E0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $530,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $506,000
      Market price range: $381k - $670k

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $505,000
      Current use
      OFFICE BUILDING
      $650,000
      Change: +30% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $615,000
      Change: +22% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $510,000
      Change: +1% Conversion: Difficult
      RETAIL STORES
      $455,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8179
    Latitude
    32.9557
    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
    2024
    $43,601
    $734,420
    $1,165,580
    $1,900,000
    -
    $734,420
    $1,165,580
    $1,900,000

    Comparable in this City

    • Value Estimation
      $905,000
      12,957 SF

      5150 Keller Spgs Rd

      FINANCIAL BUILDING • 12,957 SF
      5150 Keller Spgs Rd, Dallas, TX 75248-2615
      View Details
    • Value Estimation by Request
      4,057 SF

      15216 Montfort Rd

      FINANCIAL BUILDING • 4,057 SF
      15216 Montfort Rd, Dallas, TX 75248-6401
      View Details
    • Value Estimation by Request
      4,290 SF

      16831 Coit Rd

      FINANCIAL BUILDING • 4,290 SF
      16831 Coit Rd, Dallas, TX 75248-1748
      View Details
    • Value Estimation by Request
      3,468 SF

      6085 Campbell Rd

      FINANCIAL BUILDING • 3,468 SF
      6085 Campbell Rd, Dallas, TX 75248-1206
      View Details
    • Value Estimation
      $505,000
      5,040 SF

      15659 Coit Rd

      FINANCIAL BUILDING • 5,040 SF
      15659 Coit Rd, Dallas, TX 75248
      View Details
    • Value Estimation by Request
      2,503 SF

      15114 Preston Rd

      FINANCIAL BUILDING • 2,503 SF
      15114 Preston Rd, Dallas, TX 75248-4852
      View Details

    Similar Nearby for Sale

    • $575,000
      3,008 SF

      Dallas Duplex: Investment or Owner-Occupancy

      Well-maintained duplex in North Dallas, ideal for investors or owners.
      15543 El Estado Dr, Dallas, TX 75248
      View Details
    • Contact for pricing
      Pending

      Updated Condo with Balcony

      Meticulously maintained 1-bedroom condo with natural light and balcony.
      5325 Bent Tree Forest Dr, Dallas, TX 75248
      View Details
    • Contact for pricing
      34,520 SF

      Dallas Office Building For Sale

      Office building with 34,520 square feet of space.
      16250 Knoll Trail Dr, Dallas, TX 75248
      View Details
    • Contact for pricing

      Light-Filled Corner Unit in Dallas

      Charming 2-bedroom condo with updates and community amenities.
      5335 Bent Tree Forest Dr, Dallas, TX 75248
      View Details
    • $2,350,000
      1.05 Acres

      Prime Dallas Homesite Opportunity

      Expansive 1-acre homesite in desirable Preston Trails neighborhood.
      16444 Ashbourne Dr, Dallas, TX 75248
      View Details
    • $599,000

      Dallas Duplex For Sale

      Two-unit residential duplex with remodeling and income potential.
      7947 Habersham Ln, Dallas, TX 75248
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,200 SF

      2,200 SF Drive-Thru End Cap

      2,200 SF drive-thru end cap available for lease.
      5181 Keller Springs Rd, Dallas, TX 75248
      View Details
    • Contact for pricing
      1,125 SF

      Retail Space in Power Center

      Retail space available in a high-traffic Dallas power center.
      16623-16641 Coit Rd, Dallas, TX 75248
      View Details
    • Contact for pricing

      Preston Road Retail/Office Space

      Second-generation suite with office finish-out and dedicated parking.
      16000 Preston Rd, Dallas, TX 75248
      View Details
    • Contact for pricing
      1,417 SF

      Retail Space in Dallas Center

      Retail space available in a busy Dallas shopping center.
      14906 Spring Creek Rd, Dallas, TX 75248
      View Details
    • Contact for pricing
      1,920 SF

      Retail Space Near Walmart

      Retail space available in high-traffic area near Walmart.
      15615 Coit Rd, Dallas, TX 75248
      View Details
    • Contact for pricing
      2,330 SF

      Retail Space Near Walmart

      Retail space in high-traffic area near Walmart.
      15621 Coit Rd, Dallas, TX 75248
      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.
    15202 Montfort Rd
    Dallas, TX 75248-6401
    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!