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

    5818 Lyndon B Johnson Fwy Dallas, TX 75240-6314

    • Warehouses
    • 140,805 SF
    • 2.58 lot acres
    OFF-MARKET
    Value Estimations
    $9,965,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2368822
    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

    • CubeSmart Self Storage / Storage Facility

    Property Details for 5818 Lyndon B Johnson Fwy

    Year built
    2014
    Construction
    TILT-UP CONCRETE
    Lot size
    2.58 lot acres
    Property size
    140,805 SF
    Zone code
    Z150
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    007407000102A0000
    APU
    007407000102A0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $8,025,000
      Market price range: $3.41M - $9.10M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $16,420,000
      MEDICAL BUILDING
      $9,550,000
      RETAIL STORES
      $8,285,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.807
    Latitude
    32.9246
    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
    $291,554
    $2,245,960
    $10,459,140
    $12,705,100
    -
    $2,245,960
    $10,459,140
    $12,705,100

    Comparable in this City

    • Value Estimation by Request
      2,640 SF

      6625 Alpha Rd

      MINI-WAREHOUSE, STORAGE • 2,640 SF
      6625 Alpha Rd, Dallas, TX 75240
      View Details
    • Value Estimation
      $6,245,000
      82,432 SF

      13920 Montfort Dr

      MINI-WAREHOUSE, STORAGE • 82,432 SF
      13920 Montfort Dr, Dallas, TX 75240
      View Details
    • Value Estimation
      $3,215,000
      123,024 SF

      13725 Montfort Dr

      MINI-WAREHOUSE, STORAGE • 123,024 SF
      13725 Montfort Dr, Dallas, TX 75240-4455
      View Details
    • Value Estimation
      $505,000
      10,000 SF

      6315 Alpha Rd

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      6315 Alpha Rd, Dallas, TX 75240-3536
      View Details
    • Value Estimation
      $5,050,000
      68,020 SF

      13575 Goldmark Dr

      MINI-WAREHOUSE, STORAGE • 68,020 SF
      13575 Goldmark Dr, Dallas, TX 75240-4247
      View Details
    • Value Estimation
      $3,240,000
      113,412 SF

      5959 Alpha Rd

      MINI-WAREHOUSE, STORAGE • 113,412 SF
      5959 Alpha Rd, Dallas, TX 75240-5215
      View Details

    Similar Nearby for Sale

    • $269,900

      Updated Condo in Gated Community

      Updated 3-bed, 2.5-bath condo in North Dallas, move-in ready.
      13336 Patito Pl, Dallas, TX 75240
      View Details
    • Contact for pricing

      Hard Corner Pad Site Available

      Land for ground lease with high visibility and easy access.
      13958 Dallas Pkwy, Dallas, TX 75240
      View Details
    • Contact for pricing
      3,820 SF

      Prime Dallas Car Wash Opportunity

      High-traffic location, excellent income potential.
      5444 Alpha Rd, Dallas, TX 75240
      View Details
    • Contact for pricing
      9,677 SF

      Prime Dallas Executive Office Building

      9,677 SF Vacant Office Space - For Sale
      13647 Montfort Dr, Dallas, TX 75240
      View Details
    • Contact for pricing

      Prime Land in Galleria Area

      1.23 AC land with access to major thoroughfares.
      5840 Alpha Rd, Dallas, TX 75240
      View Details
    • Contact for pricing

      Prime Land Near Galleria Mall

      1.12 acres suitable for office development near Galleria Mall.
      13621 Montfort Dr, Dallas, TX 75240
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      18,160 SF

      Dallas Medical Office Building

      18,160 SF Medical Office Space Available
      8202 Spring Valley Rd, Dallas, TX 75240
      View Details
    • $25 SF/Yr
      1,534 SF

      Retail Space Near Dallas Midtown

      1,534 SF end cap anchored by Target.
      5631 Lyndon B Johnson Fwy, Dallas, TX 75240
      View Details
    • Contact for pricing
      2,500 SF

      Dallas Galleria Office Suites

      Premium Office Space, Flexible Sizes
      13355 Noel Rd, Dallas, TX 75240
      View Details
    • Contact for pricing
      3,590 SF

      Retail Space Near Galleria

      Retail space for rent in mixed-use development, North Dallas.
      13675 Noel Rd, Dallas, TX 75240
      View Details
    • $29 SF/Yr
      21,594 SF

      Class A Office Space Available

      14-story office building with underground parking in Dallas, TX.
      14001 Dallas Pkwy, Dallas, TX 75240
      View Details
    • Contact for pricing
      2,441 SF

      Medical/Dental Clinic Office Space

      Second generation medical office near LBJ and Galleria.
      5408 Alpha Rd, Dallas, TX 75240
      View Details

    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      1.3k
    • Avg Time on site
      23 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.
    5818 Lyndon B Johnson Fwy
    Dallas, TX 75240-6314
    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.