Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    318 Cedar Rdg Dr Duncanville, TX 75116
    Back to Search
    Property profile & analytics

    318 Cedar Rdg Dr, Duncanville, TX 75116

    View on Map
    • Car washes
    • 1,500 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Mar 23, 2023
    Property ID
    US82-2752304
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Car washes

    Property Details for 318 Cedar Rdg Dr

    Year built
    1976
    Construction
    TILT-UP CONCRETE
    Lot size
    0.41 lot acres
    Zone code
    Z141
    Property type
    Car washes
    APN
    22148600090010000
    APU
    22148600090010000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 23, 2023 — Alfredo Mejia Cws Real Prop Holdings LLC Series C Special Warranty Deed $185k · Tc Riverview Partnership
    May 14, 2018 — Cws Real Prop Hldgs LLC-series Cws Real Property Holdings LLC Quit Claim Deed · related —
    Apr 30, 2018 — Cws Real Property Holdings LLC Taylor,phyllis Grant Deed · related $682k · Phyllis Taylor
    Oct 24, 2017 — Phyllis Taylor Taylor Merland L Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncanville
    County
    Dallas
    State
    Texas
    Longitude
    -96.9253
    Latitude
    32.6542
    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
    $4,434
    $106,690
    $88,310
    $195,000
    -
    $106,690
    $88,310
    $195,000

    Comparable in this City

    • Value Estimation by Request
      1,650 SF

      518 Main St

      CAR WASH
      518 Main St, Duncanville, TX 75116-3655
      View Details
    • Value Estimation by Request
      2,642 SF

      514 Wheatland Rd

      CAR WASH
      514 Wheatland Rd, Duncanville, TX 75116-4516
      View Details
    • Value Estimation
      $690,000
      4,838 SF

      320 Clark Rd, Unit 2

      CAR WASH
      320 Clark Rd, Duncanville, TX 75116-4232
      View Details
    • Value Estimation by Request
      3,380 SF

      315 Cp Wisdom Rd

      CAR WASH
      315 Cp Wisdom Rd, Duncanville, TX 75116
      View Details
    • Value Estimation
      $970,000
      11,015 SF

      611 Interstate 20

      SERVICE STATION (FULL SERVICE)
      611 Interstate 20, Duncanville, TX 75116-2847
      View Details
    • Value Estimation
      $515,000
      10,280 SF

      1144 Duncanville Rd

      SERVICE STATION (FULL SERVICE)
      1144 Duncanville Rd, Duncanville, TX 75116-2214
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Duncanville Retail Development Opportunity

      Prime land for retail development in a thriving Duncanville location.
      630 N Clark Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing
      111,437 SF

      Retail Shopping Center For Sale

      Well-maintained, 90.27% occupied retail shopping center with excellent access.
      210-422 E Camp Wisdom Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing
      4,982 SF

      Remodeled Office Building in Duncanville

      4,982 SF remodeled office building in Duncanville's downtown district.
      300 S Santa Fe Trl, Duncanville, TX 75116
      View Details
    • Contact for pricing
      4,320 SF

      Commercial Property on Fairmeadows Drive

      Commercial property available for sale on Fairmeadows Drive.
      114 W Fairmeadows Dr, Duncanville, TX 75116
      View Details
    • Contact for pricing
      4,723 SF

      Established Pet Store and Salon

      Full-line pet store and grooming salon in Duncanville, TX.
      200 N Main St, Duncanville, TX 75116
      View Details
    • Contact for pricing
      2,400 SF

      Two Commercial Properties For Sale

      Two commercial properties being sold together in Duncanville, Texas.
      122 W Fairmeadows Dr, Duncanville, TX 75116
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,500 SF

      Duncanville Retail Space For Lease

      Retail space available in Red Bird Village Shopping Center.
      223-303 W Camp Wisdom Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing
      1,915 SF

      Versatile Commercial Space on Wheatland

      1,915 SF commercial property ideal for retail or office.
      527 W Wheatland Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing

      Anchored Shopping Center For Rent

      95,179 SF shopping center anchored by Tom Thumb.
      W Wheatland Rd, Dallas, TX 75116
      View Details
    • Contact for pricing
      1,300 SF

      Anchored Shopping Center For Lease

      95,179 SF shopping center anchored by Tom Thumb.
      797 W Wheatland Rd, Duncanville, TX 75116
      View Details
    • $25 SF/Yr
      14,400 SF

      Duncanville Retail Center

      Prime Duncanville location, flexible spaces.
      202 Center St, Duncanville, TX 75116
      View Details
    • Contact for pricing
      1,920 SF

      Retail Center Space Available

      Neighborhood retail center anchored by national tenants.
      235-259 S Cedar Ridge Dr, Duncanville, TX 75116
      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.
    318 Cedar Rdg Dr
    Duncanville, TX 75116
    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

    Thank You for Inquiry
    318 Cedar Rdg Dr, Duncanville, TX, 75116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!