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

    3120 Wnw Hwy Dallas, TX 75220-5943

    • Day care centers
    • 10,364 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2438930
    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

    • Day care centers

    Property Details for 3120 Wnw Hwy

    Year built
    1960
    Construction
    TILT-UP CONCRETE
    Lot size
    0.66 lot acres
    Property size
    10,364 SF
    Zone code
    Z59
    Property type
    Day care centers
    APN
    433858000000
    APU
    433858000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $470,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $580,000
      Market price range: $479k - $948k

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $735,000
      Current use
      OFFICE BUILDING
      $730,000
      Change: -1% Conversion: Difficult
      MEDICAL BUILDING
      $705,000
      Change: -4% Conversion: Difficult
      RETAIL STORES
      $660,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8673
    Latitude
    32.8545
    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
    $21,208
    $230,590
    $693,580
    $924,170
    -
    $230,590
    $693,580
    $924,170

    Comparable in this City

    • Value Estimation by Request
      4,500 SF

      3122 Bachman Dr

      DAY CARE, PRE-SCHOOL • 4,500 SF
      3122 Bachman Dr, Dallas, TX 75220-5858
      View Details
    • Value Estimation by Request
      4,469 SF

      5414 Wnw Hwy

      DAY CARE, PRE-SCHOOL • 4,469 SF
      5414 Wnw Hwy, Dallas, TX 75220-3903
      View Details
    • Value Estimation by Request
      11,000 SF

      3100 Northwest Hwy

      Medical offices • 11,000 SF
      3100 Northwest Hwy, Dallas, TX 75220
      View Details
    • Value Estimation
      $565,000
      11,402 SF

      3235 Lombardy Ln

      FUNERAL HOME • 11,402 SF
      3235 Lombardy Ln, Dallas, TX 75220-3338
      View Details
    • Value Estimation by Request
      3,848 SF

      3780 Wnw Hwy

      VETERINARY, ANIMAL HOSPITAL • 3,848 SF
      3780 Wnw Hwy, Dallas, TX 75220-4943
      View Details
    • Value Estimation by Request
      5,692 SF

      9718 Webb Chapel Rd

      FUNERAL HOME • 5,692 SF
      9718 Webb Chapel Rd, Dallas, TX 75220-3556
      View Details

    Similar Nearby for Sale

    • $3,750,000
      0.75 Acres

      Dallas Industrial Land For Sale

      0.749 acre industrial land available in Dallas, Texas.
      10830 Composite Dr, Dallas, TX 75220
      View Details
    • $3,250,000
      10,000 SF

      Renovated Dallas Office Space For Sale

      10,000 SF office space in vibrant Dallas area.
      9616-9622 Webb Chapel Rd, Dallas, TX 75220
      View Details
    • Contact for pricing
      6,294 SF

      Retail Property in Dallas, Texas

      Retail property with 6,294 square feet of space.
      2403 Community Dr, Dallas, TX 75220
      View Details
    • Contact for pricing

      Industrial Land For Sale

      Industrial land available for sale with high traffic counts.
      10850 Luna Rd, Dallas, TX 75220
      View Details
    • $1,445,000
      1.28 Acres

      Bluffview Land Development Opportunity

      Rare 1.28-acre land in coveted Dallas neighborhood.
      4000 W Northwest Hwy, Dallas, TX 75220
      View Details
    • Contact for pricing
      1.61 Acres

      Dallas Retail Center - Hwy Access

      High-traffic retail space, ample parking.
      2209 Northwest Hwy, Dallas, TX 75220
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      118,000 SF

      High Image Facility For Rent

      29,634 SF available with office space and truck court.
      10405 Shady Trl, Dallas, TX 75220
      View Details
    • Contact for pricing
      7,111 SF

      Dallas Warehouse Space Available

      7,111 square foot warehouse space for lease in Dallas.
      2908-2948 Blystone Ln, Dallas, TX 75220
      View Details
    • Contact for pricing
      3,375 SF

      Industrial Space Available For Rent

      Industrial property offering 3375 square feet for rent.
      2202 Manana Dr, Dallas, TX 75220
      View Details
    • Contact for pricing
      750 SF

      Retail Space in Dallas Center

      Retail space available in a high-traffic Dallas shopping center.
      2904-2950 W Northwest Hwy, Dallas, TX 75220
      View Details
    • Contact for pricing
      4,965 SF

      Dallas Warehouse Space Available

      4,965 SF warehouse space for rent in Dallas, TX.
      10615 Newkirk St, Dallas, TX 75220
      View Details
    • Contact for pricing
      4,541 SF

      Retail Space in Fiesta Anchored Center

      Retail space available in a Fiesta anchored shopping center.
      9727-9753 Webb Chapel Rd, Dallas, TX 75220
      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.
    3120 Wnw Hwy
    Dallas, TX 75220-5943
    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.