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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2620 Interstate 35E Carrollton, TX 75006

    • Commercial land
    • 15,000 SF
    • 1.72 lot acres
    For Sale
    View listing
    Last Sale
    Aug 06, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2357050
    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

    • Commercial land

    Property Details for 2620 Interstate 35E

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    1.72 lot acres
    Property size
    15,000 SF
    Zone code
    Z84
    Property type
    Commercial land
    APN
    65124342510010000
    APU
    65124342510010000

    Description

    This exceptional 1.718-acre commercial property, located at 2620 N Interstate 35E in Carrollton, Texas (zip code 75006), offers unparalleled visibility and accessibility. Boasting 74,836 square feet of land, this site benefits from approximately 260 feet of frontage directly on Interstate 35E, providing significant exposure to high volumes of daily traffic. The property is zoned Freeway District (FWY), allowing for a diverse range of uses including office, retail, restaurant, medical facilities, and places of worship. Other uses may be considered with a special use permit. Utilities are readily available on-site. This prime location is within close proximity to numerous dining, hotel, and retail establishments such as Saltgrass, Five Guys, La Burger, La Hacienda Ranch, La Fitness, Lowe's, Vista Ridge Mall, and Costco, ensuring high foot traffic and customer accessibility. Furthermore, the property enjoys convenient access to DFW International Airport, approximately 12 minutes away. This presents a unique opportunity for developers and investors seeking a high-impact location with excellent visibility and diverse development potential in the thriving Dallas County market. The property's size and zoning make it ideal for a variety of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Dallas
    State
    Texas
    Longitude
    -96.9312
    Latitude
    32.9848
    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
    $7,792
    $374,160
    $0.00
    $374,160
    -
    $374,160
    $0.00
    $374,160

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      2625 Old Denton Rd

      VACANT COMMERCIAL LAND • 0.13 Acres
      2625 Old Denton Rd, Carrollton, TX 75007-5125
      View Details
    • Value Estimation by Request
      1.15 Acres

      1111 Raiford Rd, Unit 108

      VACANT COMMERCIAL LAND • 1.15 Acres
      1111 Raiford Rd, Carrollton, TX 75007
      View Details
    • Value Estimation by Request
      1.15 Acres

      1111 Raiford Rd, Unit 110

      VACANT COMMERCIAL LAND • 1.15 Acres
      1111 Raiford Rd, Carrollton, TX 75007
      View Details
    • Value Estimation by Request
      1.15 Acres

      1111 Raiford Rd, Unit 118

      VACANT COMMERCIAL LAND • 1.15 Acres
      1111 Raiford Rd, Carrollton, TX 75007-6492
      View Details
    • Value Estimation by Request
      1.31 Acres

      1298 Rosemeade Pkwy

      VACANT COMMERCIAL LAND • 1.31 Acres
      1298 Rosemeade Pkwy, Carrollton, TX 75007
      View Details
    • Value Estimation by Request
      0.56 Acres

      Carrollton, TX 75007

      VACANT COMMERCIAL LAND • 0.56 Acres
      Carrollton, TX 75007
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land For Sale

      Commercial land available in Carrollton, TX. Zoning: Office District.
      4040 Marsh Ridge Rd, Carrollton, TX 75007
      View Details
    • $675,786
      1.23 Acres

      Carrollton Land Near Medical Center

      Unimproved land in high-traffic area near Carrollton Regional Medical Center.
      4108 Medical Pkwy, 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
    • Contact for pricing
      4.38 Acres

      Carrollton Commercial Land - 4.38 Acres

      Prime Carrollton Office Land, High Traffic Area
      0 Nwc Highpoint Dr. & Marsh Rdg Rd, Carrollton, TX 75007
      View Details
    • $318,000
      0.46 Acres

      Residential Land in Established Neighborhood

      Corner lot in Carrollton, almost half an acre, build your dream home.
      3701 Canon Gate Cir, Carrollton, TX 75007
      View Details
    • $8,500,000
      40,000 SF

      Trinity Highlands: Prime Retail Space

      Carrollton, TX Mixed-Use Investment Opportunity
      1601 Trinity Mls Rd, Carrollton, TX 75007
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      2,596 SF

      Retail Space in Carrollton Center

      Retail space available in a well-located Carrollton shopping center.
      2630-2660 North Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      3,302 SF

      Carrollton Office Space for Rent

      Office space with convenient access to amenities and major thoroughfares.
      4100 International Pkwy, Carrollton, TX 75007
      View Details
    • $6 SF/Yr
      2,200 SF

      Retail Space in Carrollton Center

      Retail space available in a premier Carrollton shopping center.
      2626 N Josey Ln, Carrollton, TX 75007
      View Details
    • $15 SF/Yr
      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
      12,800 SF

      Retail/Restaurant Space Available

      Retail or restaurant space available with Q1 2026 delivery.
      4241 International Pkwy, 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
    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.
    2620 Interstate 35E
    Carrollton, TX 75006
    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.