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    Property profile & analytics

    5333 Frst Ln Dallas, TX 75244-8006

    • Retail space
    • 37,264 SF
    • 2.57 lot acres
    OFF-MARKET
    Value Estimations
    $1,785,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4075718
    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

    • Royal Rugs / Carpet & Flooring Store / Home Decor Store
    • Forestwood Garden Tea Room / Restaurant / Cafe & Coffee Shop
    • Village Goldsmith Antiques / (Bike/Boat/Book/etc) Store
    • New Asia Art Shop / Renovation Specialist
    • William E. Johnson Fine Art and Antiques / Art Gallery / Antique Furniture Store

    Property Details for 5333 Frst Ln

    Year built
    1969
    Construction
    TILT-UP CONCRETE
    Lot size
    2.57 lot acres
    Property size
    37,264 SF
    Zone code
    Z59
    Property type
    Retail space
    APN
    576995300000
    APU
    576995300000

    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
    -96.8164
    Latitude
    32.9102
    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
    $71,206
    $2,798,300
    $304,670
    $3,102,970
    -
    $2,798,300
    $304,670
    $3,102,970

    Comparable in this City

    • Value Estimation
      $1,195,000
      18,006 SF

      4141 Lyndon B Johnson Fwy

      RETAIL STORES (PERSONAL SERVICES) • 18,006 SF
      4141 Lyndon B Johnson Fwy, Farmers Branch, TX 75244-5704
      View Details
    • Value Estimation
      $595,000
      7,184 SF

      13510 Inwood Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,184 SF
      13510 Inwood Rd, Farmers Branch, TX 75244-5305
      View Details
    • Value Estimation
      $2,420,000
      16,086 SF

      13327 Midway Rd

      RETAIL STORES (PERSONAL SERVICES) • 16,086 SF
      13327 Midway Rd, Farmers Branch, TX 75244-5121
      View Details
    • Value Estimation
      $3,375,000
      26,040 SF

      12100 Inwood Rd

      RETAIL STORES (PERSONAL SERVICES) • 26,040 SF
      12100 Inwood Rd, Dallas, TX 75244-8017
      View Details
    • Value Estimation by Request
      2,059 SF

      4895 Lyndon B Johnson Fwy

      RETAIL STORES (PERSONAL SERVICES) • 2,059 SF
      4895 Lyndon B Johnson Fwy, Farmers Branch, TX 75244-6002
      View Details
    • Value Estimation by Request
      2,900 SF

      5415 Frst Ln

      RETAIL STORES (PERSONAL SERVICES) • 2,900 SF
      5415 Frst Ln, Dallas, TX 75244-8009
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      161,404 SF

      Inwood Road Warehouse/Showroom Opportunity

      Versatile industrial space with high visibility and strategic access.
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      15,633 SF

      Remodeled PetSuites on Midway Road

      Remodeled PetSuites in Farmers Branch, TX with long-term NNN lease.
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      Inwood Road Distribution and Showroom

      High-visibility distribution and showroom space with direct Tollway access.
      14303 Inwood Rd, Farmers Branch, TX 75244
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    • $1,495,000

      Multi-Tenant Flex Space Available

      Flex space in thriving business district with income potential.
      13714 Gamma Rd, Farmers Branch, TX 75244
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    • Contact for pricing

      Prime Commercial Pad Site

      0.54 acre pad site near major retailers and schools.
      11816 Inwood Rd, Dallas, TX 75244
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      Spacious Distribution Warehouse with Access

      Large warehouse with direct access and visibility available for sale.
      14303 Inwood Rd, Dallas, TX 75244
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    Similar Nearby for Lease

    • $18 SF/Yr
      2,107 SF

      Retail Space on Inwood Road

      Retail space available for lease in Dallas, Texas.
      14221-14239 Inwood Rd, Dallas, TX 75244
      View Details
    • Contact for pricing
      2,082 SF

      Retail/Restaurant Space Near Galleria Dallas

      First floor retail or restaurant space in mixed-use development.
      13465 Inwood Rd, Farmers Branch, TX 75244
      View Details
    • $12 SF/Yr
      26,376 SF

      Spring Valley Rd Premier Space

      Farmers Branch Flex/Office/Warehouse
      4801 Spring Valley Rd, Farmers Branch, TX 75244
      View Details
    • Contact for pricing
      178,835 SF

      Spring Valley Road Warehouse Space

      Farmers Branch warehouse, flexible space available.
      4200-4488 Spring Valley Rd, Farmers Branch, TX 75244
      View Details
    • $15 SF/Yr
      46,064 SF

      Midway Center Executive Office Space

      1,875 SF Executive Office Suite Available
      14430 Midway Rd, Farmers Branch, TX 75244
      View Details
    • $276 SF/Yr
      2,460 SF

      Dallas Retail Space for Lease

      Two Suites Available, High Traffic Area
      4101 Lyndon B Johnson Fwy, Dallas, TX 75244
      View Details
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    Dallas, TX 75244-8006
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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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