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

    3907 Ross Ave Dallas, TX 75204-5248

    • Retail space
    • 17,550 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $770,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3195213
    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

    • Oriental Rug Cleaning Co. / Carpet Cleaning Service / Rug Store
    • Master Rug Cleaner / Carpet Cleaning Service

    Property Details for 3907 Ross Ave

    Year built
    1920
    Construction
    TILT-UP CONCRETE
    Lot size
    0.28 lot acres
    Property size
    17,550 SF
    Zone code
    Z239
    Property type
    Retail space
    APN
    115498000000
    APU
    115498000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $500,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,039,000
      Market price range: $1.04M - $2.90M

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7849
    Latitude
    32.7994
    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
    $13,651
    $584,870
    $10,000
    $594,870
    -
    $584,870
    $10,000
    $594,870

    Comparable in this City

    • Value Estimation
      $700,000
      4,620 SF

      2616 Swiss Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,620 SF
      2616 Swiss Ave, Dallas, TX 75204-5838
      View Details
    • Value Estimation by Request
      1,059 SF

      2818 Fitzhugh Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,059 SF
      2818 Fitzhugh Ave, Dallas, TX 75204-3139
      View Details
    • Value Estimation by Request
      800 SF

      2021 Hall St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      2021 Hall St, Dallas, TX 75204
      View Details
    • Value Estimation
      $735,000
      10,473 SF

      4311 Live Oak St

      RETAIL STORES (PERSONAL SERVICES) • 10,473 SF
      4311 Live Oak St, Dallas, TX 75204-6757
      View Details
    • Value Estimation by Request
      3,480 SF

      2635 Floyd St

      RETAIL STORES (PERSONAL SERVICES) • 3,480 SF
      2635 Floyd St, Dallas, TX 75204-5809
      View Details
    • Value Estimation by Request
      3,840 SF

      3310 Ross Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      3310 Ross Ave, Dallas, TX 75204-5400
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,032 SF

      East Dallas Retail Opportunity

      3,032 SF retail property in the heart of East Dallas.
      4312 Live Oak St, Dallas, TX 75204
      View Details
    • Contact for pricing
      20,000 SF

      Prime Dallas Retail Space

      20,000 SF Retail Opportunity in Dallas
      1900-1912 Hall St, Dallas, TX 75204
      View Details
    • $595,000

      Luxury Condo Near Katy Trail

      Corner unit condo with luxury amenities near Katy Trail.
      3303 Blackburn St, Dallas, TX 75204
      View Details
    • $3,010,000
      13 SF

      13.04 Acres Mixed Use Land

      13.04 acres of MU-2 zoned land at major intersection.
      Nec Ih-20 & Us-67, Dallas, TX 75204
      View Details
    • $1,295,000
      0.29 Acres

      Dallas Apartment Building with Upgrades

      Historic 1916 Dallas apartment building with recent exterior upgrades.
      4425 Swiss Ave, Dallas, TX 75204
      View Details
    • $300,000
      0.11 Acres

      Dallas Land For Sale

      Unimproved land available in Dallas, Texas.
      3802 Munger Ave, Dallas, TX 75204
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,969 SF

      Retail Space in West Village

      Retail space available in Dallas's West Village shopping center.
      3700 Mckinney Ave, Dallas, TX 75204
      View Details
    • Contact for pricing
      1,791 SF

      Retail Space For Lease

      Retail spaces available for lease in Dallas, TX.
      4101 Bryan St, Dallas, TX 75204
      View Details
    • Contact for pricing
      3,493 SF

      Retail Space in West Village

      Retail space in a curated shopping and residential district.
      2975 Blackburn St, Dallas, TX 75204
      View Details
    • Contact for pricing
      3,900 SF

      Retail Space in Dallas, TX

      Retail space available for lease in Dallas, TX.
      2710-2725 Live Oak St, Dallas, TX 75204
      View Details
    • Contact for pricing
      1,956 SF

      Retail or Restaurant Space Available

      Retail or restaurant space with fenced parking in Dallas.
      707 Liberty St, Dallas, TX 75204
      View Details
    • Contact for pricing
      2,234 SF

      Retail Space in Luxury Tower

      Retail space available in a 261-unit luxury apartment tower.
      3200-3230 Mckinney Ave, Dallas, TX 75204
      View Details

    Property Visit Statistics

    • Visits by month
      12.0k
    • Visitors by month
      8.9k
    • Avg Time on site
      12 min
    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.
    3907 Ross Ave
    Dallas, TX 75204-5248
    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.