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    Property profile & analytics

    4103 S Marsalis Ave Dallas, TX 75216

    • Commercial real estate
    • 0.27 lot acres
    For Sale
    View listing
    $125,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1662575
    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 real estate

    Property Details for 4103 S Marsalis Ave

    Lot size
    0.27 lot acres
    Property type
    Commercial real estate
    APN
    00000480412000000

    Description

    This exceptional 0.269-acre commercial lot, located at 4103 S Marsalis Avenue in Dallas, Texas (zip code 75216), presents a unique development opportunity. Situated in Dallas County, this property boasts a substantial size of over 11,700 square feet. The lot is zoned for residential use, offering flexibility for various projects. The property's APN is 00000480412000000. Importantly, this desirable location is outside of any designated flood zone, mitigating potential risks associated with development. The asking price for this prime piece of land is $125,000. Given its size, zoning, and flood-free location, this property represents a compelling investment opportunity for developers seeking a strategic foothold in the Dallas market. The coordinates are 32.694643 latitude and -96.8149467 longitude. This is a rare chance to acquire a sizable, well-situated lot with significant potential.

    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
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8149467
    Latitude
    32.694643

    Comparable in this City

    • $84,950
      0.19 Acres

      Cleared Lot in Dallas, TX

      Cleared lot ready for building a custom home in Dallas.
      1959 E Ann Arbor Ave, Dallas, TX 75216
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    • $117,000
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      Cleared Corner Lot Ready to Build

      Cleared corner lot in Dallas, ready for custom home or duplex.
      4740 Cranfill Dr, Dallas, TX 75216
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    • $81,000
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      Residential Lot in South Dallas

      Residential lot in a vibrant, historically rich Dallas neighborhood.
      1701 Fernwood Ave, Dallas, TX 75216
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    • $125,000
      0.27 Acres

      Dallas Land Lot For Sale

      Unimproved land lot available in Dallas, Texas.
      4103 S Marsalis Ave, Dallas, TX 75216
      View Details
    • $125,000
      0.37 Acres

      Unimproved Land Near Interstate 45

      0.37 acre of land near Interstate 45 in Dallas.
      3503 E Overton Rd, Dallas, TX 75216
      View Details
    • $100,000
      0.36 Acres

      Residential Vacant Lot For Sale

      Residential vacant lot available for subdivision in Dallas, Texas.
      7817 Hull Ave, Dallas, TX 75216
      View Details

    Similar Nearby for Sale

    • $84,950
      0.19 Acres

      Cleared Lot in Dallas, TX

      Cleared lot ready for building a custom home in Dallas.
      1959 E Ann Arbor Ave, Dallas, TX 75216
      View Details
    • $117,000
      0.22 Acres

      Cleared Corner Lot Ready to Build

      Cleared corner lot in Dallas, ready for custom home or duplex.
      4740 Cranfill Dr, Dallas, TX 75216
      View Details
    • $81,000
      0.17 Acres

      Residential Lot in South Dallas

      Residential lot in a vibrant, historically rich Dallas neighborhood.
      1701 Fernwood Ave, Dallas, TX 75216
      View Details
    • $125,000
      0.27 Acres

      Dallas Land Lot For Sale

      Unimproved land lot available in Dallas, Texas.
      4103 S Marsalis Ave, Dallas, TX 75216
      View Details
    • $125,000
      0.37 Acres

      Unimproved Land Near Interstate 45

      0.37 acre of land near Interstate 45 in Dallas.
      3503 E Overton Rd, Dallas, TX 75216
      View Details
    • $100,000
      0.36 Acres

      Residential Vacant Lot For Sale

      Residential vacant lot available for subdivision in Dallas, Texas.
      7817 Hull Ave, Dallas, TX 75216
      View Details

    Similar Nearby for Lease

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      Retail & Office Spaces For Lease

      Recently remodeled retail and office spaces available near Downtown Dallas.
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      Industrial Property for Lease

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      Industrial Warehouse Space Available

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      Renovated Office Building For Rent

      Class B office building renovated in 2021, near Dallas VA.
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      Retail Space on Lancaster Road

      Retail space available for lease in Dallas, Texas.
      2611-2663 S Lancaster Rd, Dallas, TX 75216
      View Details
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    Dallas, TX 75216
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    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
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