Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2001 Abrams Rd Dallas, TX 75214-3917

    • Gas stations
    • 3,588 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3844080
    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

    • Valvoline Instant Oil Change / Auto Repair Shop

    Property Details for 2001 Abrams Rd

    Year built
    1986
    Construction
    TILT-UP CONCRETE
    Lot size
    0.28 lot acres
    Property size
    3,588 SF
    Zone code
    Z239
    Property type
    Gas stations
    APN
    0022320A000010000
    APU
    0022320A000010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $330,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $688,000
      Market price range: $249k - $704k

    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $465,000
      Current use
      RETAIL STORES
      $535,000
      Change: +15% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $525,000
      Change: +13% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $420,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7532
    Latitude
    32.8141
    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
    $11,474
    $361,980
    $138,020
    $500,000
    -
    $361,980
    $138,020
    $500,000

    Comparable in this City

    • Value Estimation by Request
      3,120 SF

      6359 Belmont Ave

      SERVICE STATION (FULL SERVICE) • 3,120 SF
      6359 Belmont Ave, Dallas, TX 75214-3627
      View Details
    • Value Estimation by Request
      1,695 SF

      201 Collett Ave

      SERVICE STATION (FULL SERVICE) • 1,695 SF
      201 Collett Ave, Dallas, TX 75214-5408
      View Details
    • Value Estimation
      $1,305,000
      143,886 SF

      6301 Gaston Ave

      PARKING GARAGE, PARKING STRUCTURE • 143,886 SF
      6301 Gaston Ave, Dallas, TX 75214-3922
      View Details
    • Value Estimation by Request
      1,890 SF

      7413 Grand Ave

      CAR WASH • 1,890 SF
      7413 Grand Ave, Dallas, TX 75214
      View Details
    • Value Estimation
      $655,000
      4,602 SF

      6140 Mockingbird Ln

      CAR WASH • 4,602 SF
      6140 Mockingbird Ln, Dallas, TX 75214-2601
      View Details
    • Value Estimation
      $730,000
      44,017 SF

      7112 Gaston Ave

      PARKING GARAGE, PARKING STRUCTURE • 44,017 SF
      7112 Gaston Ave, Dallas, TX 75214-4111
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      73,284 SF

      Dallas Retail Pad Site Opportunity

      High-traffic corner location, 73,284 SF.
      7026 R L Thornton Fwy, Dallas, TX 75214
      View Details
    • $7,750,000
      0.59 Acres

      New Multifamily Community in Dallas

      Boutique 26-unit multifamily property in dynamic East Dallas neighborhood.
      5313-5317 Reiger Ave, Dallas, TX 75214
      View Details
    • $3,500,000
      14,545 SF

      Dallas Multifamily High-Rise Investment

      Renovated 23-unit high-rise near Lakewood and White Rock Lake.
      5520 Gaston Ave, Dallas, TX 75214
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale at 7231 Syracuse Dr, Dallas.
      7231 Syracuse Dr, Dallas, TX 75214
      View Details
    • Contact for pricing

      Gaston Ave Development Land

      Prime East Dallas multifamily site.
      4927 Gaston Ave, Dallas, TX 75214
      View Details

    Similar Nearby for Lease

    • 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
      10,160 SF

      Lakewood Retail & Restaurant Space

      Prime Lakewood location, 4 suites available
      7530 Grand Ave, Dallas, TX 75214
      View Details
    • Contact for pricing
      75,000 SF

      Lakewood Retail Center Opportunity

      Dallas County Retail Space Available
      2014 Skillman St, Dallas, TX 75214
      View Details
    • Contact for pricing
      120,321 SF

      Mockingbird Commons Retail Space

      Dallas Retail Center: 4,990 SF Available
      6333 Mockingbird Ln, Dallas, TX 75214
      View Details
    • Contact for pricing
      73,284 SF

      Dallas Retail Space - Thornton Fwy

      Large Retail Space Available in Dallas, TX
      7026 R L Thornton Fwy, Dallas, TX 75214
      View Details
    • Contact for pricing
      64,913 SF

      Lakewood Shopping Center: Dallas Retail

      Prime Dallas retail space, multiple suites available.
      6308 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.
    2001 Abrams Rd
    Dallas, TX 75214-3917
    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!