Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1948 Bickers St Dallas, TX 75212-1702

    • Day care centers
    • 3,520 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimations
    $315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0370256
    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.

    Current Use by Public Records

    • Heavenly Care Child Development Center / Day Care Center

    Property Details for 1948 Bickers St

    Year built
    1954
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    3,520 SF
    Zone code
    Z297
    Property type
    Day care centers
    APN
    680089000000
    APU
    680089000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $263,000
      Market price range: $163k - $322k

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8524
    Latitude
    32.7869
    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
    $9,615
    $201,600
    $217,400
    $419,000
    -
    $201,600
    $217,400
    $419,000

    Comparable in this City

    • Value Estimation
      $365,000
      6,134 SF

      4931 Bernal Dr

      DAY CARE, PRE-SCHOOL • 6,134 SF
      4931 Bernal Dr, Dallas, TX 75212-3326
      View Details
    • Value Estimation
      $335,000
      7,920 SF

      2850 Singleton Blvd

      DAY CARE, PRE-SCHOOL • 7,920 SF
      2850 Singleton Blvd, Dallas, TX 75212-3740
      View Details
    • Value Estimation
      $370,000
      7,977 SF

      3610 Pipestone Rd

      DAY CARE, PRE-SCHOOL • 7,977 SF
      3610 Pipestone Rd, Dallas, TX 75212-6109
      View Details
    • Value Estimation
      $285,000
      2,272 SF

      1966 Kraft St

      DAY CARE, PRE-SCHOOL • 2,272 SF
      1966 Kraft St, Dallas, TX 75212-2513
      View Details
    • Value Estimation
      $275,000
      4,000 SF

      2907 Hampton Rd

      DAY CARE, PRE-SCHOOL • 4,000 SF
      2907 Hampton Rd, Dallas, TX 75212-5032
      View Details
    • Value Estimation
      $315,000
      2,326 SF

      3739 Homeland St

      CHARITABLE ORGANIZATION • 2,326 SF
      3739 Homeland St, Dallas, TX 75212-2221
      View Details

    Similar Nearby for Sale

    • $275,000
      0.19 Acres

      Dallas Commercial Property For Sale

      Multi-use commercial property in Dallas, ideal for various ventures.
      3530 Puget St, Dallas, TX 75212
      View Details
    • $1,450,000
      2,540 SF

      Dallas Creative Office Space

      Modern, Art Minimalist Office Building, 100% Occupancy
      3415 Chihuahua Ave, Dallas, TX 75212
      View Details
    • $545,000
      0.30 Acres

      Dallas Church with Commercial Zoning

      Church in West Dallas with commercial zoning and ample parking.
      3603 Puget St, Dallas, TX 75212
      View Details
    • $245,000
      0.14 Acres

      Commercial Property in Dallas, TX

      Commercial property suitable for various uses in a developing area.
      1738 Nomas St, Dallas, TX 75212
      View Details
    • Contact for pricing
      151,959 SF

      Dallas Multifamily Investment Opportunity

      355-Unit Apartment Building in Trinity Green
      1000 Singleton Blvd, Dallas, TX 75212
      View Details
    • $149,500
      0.09 Acres

      Vacant Land in Dallas, TX

      Vacant land lot perfect to build your dream home.
      1844 Toronto St, Dallas, TX 75212
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,986 SF

      Dallas Trinity Groves Retail Space

      Prime Dallas restaurant space available.
      3011 Gulden Ln, Dallas, TX 75212
      View Details
    • Contact for pricing
      20,280 SF

      West Dallas Warehouse Art Studios

      Contemporary artist studios and art spaces in West Dallas.
      620 Fabrication St, Dallas, TX 75212
      View Details
    • Contact for pricing
      3,300 SF

      Retail Space on Singleton Blvd

      Retail spaces available in Dallas, Texas, near new development.
      2211 Singleton Blvd, Dallas, TX 75212
      View Details
    • $1,000 /Mo

      Fenced Vacant Lot For Lease

      Vacant lot near corner, fenced, near Trinity Grove.
      2725 Meyersville Ave, Dallas, TX 75212
      View Details
    • $1,000 /Mo

      Vacant Lot Near Trinity Grove

      Vacant commercial land near Trinity Grove, Dallas, available for lease.
      2728 Meyersville Ave, Dallas, TX 75212
      View Details
    • Contact for pricing
      55,532 SF

      Industrial Warehouse Space Available

      55,532 SF warehouse space with office and rail access.
      3510-3522 La Reunion Pkwy, Dallas, TX 75212
      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.
    1948 Bickers St
    Dallas, TX 75212-1702
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.