Flex Space with Office and
2526 Hullette Avenue Lancaster, TX 75134
For Sale
$385,000
SINGLE_FAMILY - Lancaster, TX
Property Size4,400 SF
Lot Size0.60 Acres
Price / SF$87.50
Days on Market23
Property Features for 2526 Hullette Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot, Open
- Standard status
- Active
- APN
- 60019500040070000
- Size
- 4,400 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Description
- BROWNLEE PARK 2 BLK D LOT 7 ACS .596 VOL20051
- Tax Annual Amount
- 4837
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Wood, Tile
- Building materials
- Brick, WoodSiding
- Roof type
- Built-Up, Composition
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Yaser Alsabti · License #0784294
(888) 519-7431
Added: Jul 3
Changed: Jul 25
Last Checked: Jul 25 at 6:06AM
MLS# 21320429
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale flex property is offered as two parcels under one deed, sold together. Parcel one includes an office building with an attached salon unit. Parcel two consists of a warehouse and includes additional land that can support outdoor yard use. The seller will include the furniture, equipment, fixtures, and personal belongings currently located on the property, supporting a smoother transition for an owner-occupant or investor.
The property is located at 2526 Hullette Avenue in Lancaster, Dallas County, Texas, and is described as having convenient access to major highways. The offering is designed to accommodate multiple operational needs where office space and warehouse storage or light industrial activity are both useful.
For owner-users, the combined office and attached salon configuration may support multi-business operations in one location. For contractors, distributors, or light industrial users, the warehouse paired with yard space provides room for storage and day-to-day work logistics. Buyers should independently verify zoning, permitted uses, parcel information, dimensions, and any development or use restrictions before closing, as those items are not provided here.
The property is located at 2526 Hullette Avenue in Lancaster, Dallas County, Texas, and is described as having convenient access to major highways. The offering is designed to accommodate multiple operational needs where office space and warehouse storage or light industrial activity are both useful.
For owner-users, the combined office and attached salon configuration may support multi-business operations in one location. For contractors, distributors, or light industrial users, the warehouse paired with yard space provides room for storage and day-to-day work logistics. Buyers should independently verify zoning, permitted uses, parcel information, dimensions, and any development or use restrictions before closing, as those items are not provided here.
Key Highlights
- Commercial offering on two parcels sold together under one deed
- Includes an office building with an attached salon unit
- Second parcel features a warehouse plus additional land/yard space
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.7k | $8.12 |
| − Vacancy | −$3.1k | −$0.71 |
| EGI | $32.6k | $7.41 |
| − OpEx | −$4.9k | −$1.11 |
| NOI | $27.7k | $6.29 |
4,400 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$891.0K
$779.6K – $1.04M
NOI $62,370 @ 7.0% cap · market cap 16.20%
Second Best
Warehouse
$395.7K
$346.2K – $461.6K
NOI $27,696 @ 7.0% cap · market cap 7.19%
Theoretical Best
Multifamily LT 5
$52.74M
$46.15M – $61.53M
NOI $3,691,888 @ 7.0% cap · market cap 958.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Spencer's Culinary Creations — 2131 Stonewood Dr, Lancaster, TX 75134
FAQs
What type of property is this?
Flex space - Two parcels under one deed combine an office with an attached salon and a warehouse with yard space.
Where is this flex space located?
The property is located at 2526 Hullette Avenue Lancaster, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Commercial offering on two parcels sold together under one deed; Includes an office building with an attached salon unit; Second parcel features a warehouse plus additional land/yard space
