Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3829 Ledbetter Dr Dallas, TX 75236
    Back to Search
    Property profile & analytics

    3829 Ledbetter Dr Dallas, TX 75236

    View on Map
    • Commercial real estate
    • 28.89 lot acres
    Off-Market
    Property ID
    US82-4558535
    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

    • Commercial real estate

    Property Details for 3829 Ledbetter Dr

    Lot size
    28.89 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 28.89-acre property in Dallas, Texas, presents a compelling investment opportunity. Located at 3829 S Ledbetter Dr, Dallas, TX 75236, near Dallas Baptist University, this expansive parcel offers diverse development possibilities. Currently, the land includes a single-family residence, a barn, and ten mobile home lots, alongside significant undeveloped acreage. The asking price is $3,500,000. Its dual zoning as residential and industrial allows for a wide range of projects, from multifamily residential developments to industrial ventures, capitalizing on the area's rapid growth. The property's strategic location provides easy access to major transportation routes and amenities, enhancing its appeal to both residential and commercial developers. This is a rare chance to acquire a substantial land holding in a thriving Dallas community, poised for significant future appreciation. The property's existing structures offer potential for immediate income generation while the undeveloped land provides ample space for future expansion. Serious inquiries are encouraged to explore the full potential of this remarkable investment.

    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
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.92381269
    Latitude
    32.69695287

    Comparable in this City

    • Contact for pricing
      11,426 SF

      Dallas Townhouse-Style Condo Portfolio

      Ten townhouse-style condos near Loop 12 with investment potential.
      4643 Country Creek Dr, Dallas, TX 75236
      View Details
    • $3,015,000
      13,923 SF

      New Dallas Townhome Community

      Newly constructed 9-unit townhome community in Dallas, Texas.
      6655 Mountain Trl, Dallas, TX 75236
      View Details
    • Contact for pricing

      Luxury Multifamily Community in Dallas

      Class A multifamily community with modern design and robust amenities.
      6165 Ridge Center Dr, Dallas, TX 75236
      View Details
    • Contact for pricing
      28,890 SF

      Duncanville Road Warehouse Space

      28,890 SF warehouse with dock-high and grade-level doors.
      4101 Duncanville Rd, Dallas, TX 75236
      View Details
    • Contact for pricing
      120,000 SF

      Industrial Warehouse Space in Dallas

      120,000 SF industrial property with warehouse and distribution capabilities.
      4200 Duncanville Rd, Dallas, TX 75236
      View Details
    • Contact for pricing
      100,100 SF

      New Industrial Facility in Dallas

      New build-to-suit warehouse facility in established industrial corridor.
      5166 Duncanville Rd, Dallas, TX 75236
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,426 SF

      Dallas Townhouse-Style Condo Portfolio

      Ten townhouse-style condos near Loop 12 with investment potential.
      4643 Country Creek Dr, Dallas, TX 75236
      View Details
    • $3,015,000
      13,923 SF

      New Dallas Townhome Community

      Newly constructed 9-unit townhome community in Dallas, Texas.
      6655 Mountain Trl, Dallas, TX 75236
      View Details
    • Contact for pricing

      Luxury Multifamily Community in Dallas

      Class A multifamily community with modern design and robust amenities.
      6165 Ridge Center Dr, Dallas, TX 75236
      View Details
    • Contact for pricing
      28,890 SF

      Duncanville Road Warehouse Space

      28,890 SF warehouse with dock-high and grade-level doors.
      4101 Duncanville Rd, Dallas, TX 75236
      View Details
    • Contact for pricing
      120,000 SF

      Industrial Warehouse Space in Dallas

      120,000 SF industrial property with warehouse and distribution capabilities.
      4200 Duncanville Rd, Dallas, TX 75236
      View Details
    • Contact for pricing
      100,100 SF

      New Industrial Facility in Dallas

      New build-to-suit warehouse facility in established industrial corridor.
      5166 Duncanville Rd, Dallas, TX 75236
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,091 SF

      Dallas Industrial Spaces For Lease

      Industrial spaces available for lease in Dallas, Texas.
      4647-4687 Mint Way, Dallas, TX 75236
      View Details
    • Contact for pricing
      265,400 SF

      Dallas Warehouse Space Available

      265,400 square foot warehouse space for lease in Dallas.
      4715 Mountain Creek Pkwy, Dallas, TX 75236
      View Details
    • Contact for pricing
      178,450 SF

      West Ledbetter Drive Warehouse Space

      178,450 square foot warehouse space available for lease.
      4597 West Ledbetter Dr, Dallas, TX 75236
      View Details
    • Contact for pricing
      6,703 SF

      Dallas Warehouse Space Available

      6,703 SF warehouse space for lease in Dallas, TX.
      4545-4585 Mint Way, Dallas, TX 75236
      View Details
    • Contact for pricing
      185,568 SF

      Dallas Cold Storage Warehouse Space

      Free-standing cold storage warehouse with office and refrigerated dock.
      5225 Investment Dr, Dallas, TX 75236
      View Details
    • Contact for pricing
      72,795 SF

      Warehouse and Office Space Available

      145,591 SF divisible warehouse with office space for lease.
      3700 Eagle Place Dr, Dallas, TX 75236
      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.
    3829 Ledbetter Dr
    Dallas, TX 75236
    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
    3829 Ledbetter Dr, Dallas, TX, 75236
    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!