Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6955 Greenville Ave Dallas, TX 75231-5903
    Property profile & analytics

    6955 Greenville Ave Dallas, TX 75231-5903

    View on Map
    • Retail space
    • 7,380 SF
    • 0.73 lot acres
    Off-Market
    Property ID
    US82-2210014
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GoPuff Micro Fulfillment Center / Warehouse & Storage

    Property Details for 6955 Greenville Ave

    Year built
    1961
    Construction
    TILT-UP CONCRETE
    Lot size
    0.73 lot acres
    Property size
    7,380 SF
    Zone code
    Z151
    Property type
    Retail space
    APN
    367114000000
    APU
    367114000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7638
    Latitude
    32.8733
    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
    $12,738
    $0.00
    $0.00
    $518,000
    -
    $0.00
    $0.00
    $518,000

    Comparable in this City

    • Value Estimation
      $705,000
      21,271 SF

      7124 Greenville Ave

      RETAIL STORES (PERSONAL SERVICES) • 21,271 SF
      7124 Greenville Ave, Dallas, TX 75231-5127
      View Details
    • Value Estimation by Request
      4,590 SF

      6434 Skillman St

      RETAIL STORES (PERSONAL SERVICES) • 4,590 SF
      6434 Skillman St, Dallas, TX 75231-7110
      View Details
    • Value Estimation by Request
      11,421 SF

      8208 Park Ln

      RETAIL STORES (PERSONAL SERVICES) • 11,421 SF
      8208 Park Ln, Dallas, TX 75231-6023
      View Details
    • Value Estimation by Request
      1,401 SF

      8336 Park Ln

      RETAIL STORES (PERSONAL SERVICES) • 1,401 SF
      8336 Park Ln, Dallas, TX 75231-6608
      View Details
    • Value Estimation by Request
      993 SF

      6868 Greenville Ave

      RETAIL STORES (PERSONAL SERVICES) • 993 SF
      6868 Greenville Ave, Dallas, TX 75231-6404
      View Details
    • Value Estimation
      $855,000
      13,952 SF

      6505 Abrams Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,952 SF
      6505 Abrams Rd, Dallas, TX 75231-7207
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,949 SF

      Greenville Avenue Retail Redevelopment Opportunity

      Prime retail property with redevelopment potential on Greenville Avenue.
      6826 Greenville Ave, Dallas, TX 75231
      View Details
    • $5,214,815
      3,886 SF

      Dallas Car Wash Investment Opportunity

      NNN leased car wash with long-term tenant in Dallas.
      6559 E Northwest Hwy, Dallas, TX 75231
      View Details
    • Contact for pricing
      35,000 SF

      Calloway's Nursery Dallas Investment Opportunity

      New construction Calloway's Nursery on 1.73 acres in Dallas.
      7600 Greenville Ave, Dallas, TX 75231
      View Details
    • Contact for pricing
      94,294 SF

      Boutique Office Building on Expressway

      94,000 SF office building in thriving commercial corridor.
      10100 N Central Expy, Dallas, TX 75231
      View Details
    • Contact for pricing
      843 SF

      Dallas Condominium with Tenant

      Spacious 2-bedroom condominium in gated Dallas community, tenant in place.
      8110 Skillman St, Dallas, TX 75231
      View Details
    • Contact for pricing

      6.586 Acres of Land

      6.586 acres of land available for sale.
      6800 Abrams Rd, Dallas, TX 75231
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,596 SF

      Retail Space in Affluent Area

      Retail space with excellent visibility and convenient access.
      7215 Skillman St, Dallas, TX 75231
      View Details
    • Contact for pricing
      4,149 SF

      Retail Space with High Visibility

      Retail property with excellent frontage and high traffic volume.
      9669 N Central Expy, Dallas, TX 75231
      View Details
    • $11 SF/Yr
      1,710 SF

      Retail Space in Meadow Central

      Retail space available in Tom Thumb-anchored shopping center.
      10455 N Central Expy, Dallas, TX 75231
      View Details
    • Contact for pricing
      3,239 SF

      Retail/Medical Space For Lease

      In-line retail/medical spaces available in high-traffic Dallas location.
      10910 N Central Expy, Dallas, TX 75231
      View Details
    • Contact for pricing
      21,582 SF

      Freestanding Retail Building on Expressway

      21,582 SF retail building with pylon signage available for rent.
      10838 N Central Expy, Dallas, TX 75231
      View Details
    • Contact for pricing
      23,565 SF

      Retail Space at The Hill

      Retail space available for lease at The Hill in Dallas.
      8041 Walnut Hill Ln, Dallas, TX 75231
      View Details

    Property Visit Statistics

    • Visits by month
      50.6k
    • Visitors by month
      27.7k
    • 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.
    6955 Greenville Ave
    Dallas, TX 75231-5903
    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

    Thank You for Inquiry
    6955 Greenville Ave, Dallas, TX, 75231
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!