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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4117 Ledbetter Dr Dallas, TX 75236-1332

    • Retail space
    • 1,056 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    7.3%
    Retail space
    Location Intelligence
    Property ID
    US82-4705670
    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

    • Little Food Store / Food Products Supplier

    Property Details for 4117 Ledbetter Dr

    Year built
    1950
    Construction
    TILT-UP CONCRETE
    Lot size
    0.39 lot acres
    Property size
    1,056 SF
    Zone code
    Z59
    Property type
    Retail space
    APN
    818297500000
    APU
    818297500000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $285,000
      6.5%
      $260,000
      7%
      $245,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $255,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.9234
    Latitude
    32.6923
    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
    $1,014
    $34,240
    $8,660
    $42,900
    -
    $34,240
    $8,660
    $42,900

    Comparable in this City

    • Value Estimation
      $445,000
      9,100 SF

      4627 Kiest Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      4627 Kiest Blvd, Dallas, TX 75236-1168
      View Details
    • Value Estimation
      $550,000
      13,960 SF

      8120 Cockrell Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,960 SF
      8120 Cockrell Hl Rd, Dallas, TX 75236-9668
      View Details
    • Value Estimation
      $425,000
      8,980 SF

      4421 Kiest Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,980 SF
      4421 Kiest Blvd, Dallas, TX 75236-1115
      View Details
    • Value Estimation
      $395,000
      9,000 SF

      7320 Cockrell Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      7320 Cockrell Hl Rd, Dallas, TX 75236-9651
      View Details
    • Value Estimation
      $620,000
      8,320 SF

      6404 Cockrell Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,320 SF
      6404 Cockrell Hl Rd, Dallas, TX 75236-9669
      View Details
    • Value Estimation
      $415,000
      2,030 SF

      7025 Cedar Rdg Dr

      CONVENIENCE STORE • 2,030 SF
      7025 Cedar Rdg Dr, Dallas, TX 75236-2527
      View Details

    Similar Nearby for Sale

    • $1,250,000
      4.85 Acres

      Mt. Creek Parkway Retail Land

      High-visibility retail land, Dallas, TX.
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    • $2,200,000
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      Prime Multifamily Land in Dallas

      Six acres of land zoned for multifamily development in Dallas.
      3624 S Ledbetter Dr, Dallas, TX 75236
      View Details
    • $3,500,000

      Land Near Dallas Baptist University

      28.89 acres of land with development potential.
      3903 S Ledbetter Dr, Dallas, TX 75236
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    • $1,100,000
      6.09 Acres

      Undeveloped Land in Dallas, TX

      6.088 acres of unimproved land in Dallas, Texas.
      7100 W Camp Wisdom Rd, Dallas, TX 75236
      View Details
    • Contact for pricing

      Land Near Major Interstates

      Strategically located land near I-35, I-20, I-30, and I-45.
      4023 S Walton Walker Blvd, Dallas, TX 75236
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    • 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

    Similar Nearby for Lease

    • $27 SF/Yr
      69,260 SF

      New Construction Retail Space Available

      New construction retail space with high traffic volume in Dallas.
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    • 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
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    • Contact for pricing
      72,795 SF

      Warehouse and Office Space Available

      145,591 SF divisible warehouse with office space for lease.
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    • 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
    • Contact for pricing
      23,500 SF

      Dallas Warehouse with Outside Storage

      23,500 SF warehouse with convenient access and outside storage.
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      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
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    4117 Ledbetter Dr
    Dallas, TX 75236-1332
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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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