Flex Property with Warehouse
For Sale
$349,999
2526 Hullette Avenue, Lancaster, TX 75134
CommercialSale, Lancaster, TX
Property Size4,400 SF
Lot Size0.60 Acres
Price / SF$79.55
Days on Market97
Property Features for 2526 Hullette Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
warehouse industrial Office Building Salon
Parking features
Open, Parking Lot
Subdivision
Brownlee Park 02
Directions
GPS
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
Legal Description
BROWNLEE PARK 2 BLK D LOT 7 ACS .596 VOL20051
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
Wood, Tile, Carpet
Building materials
Brick, WoodSiding
Roof type
Built-Up, Composition
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Yaser Alsabti · License #0784294
(210) 999-9874
Added: Jul 3
Changed: Oct 2
Last Checked: Oct 7 at 2:06PM
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 flex property consists of two parcels conveyed together, with a 4,400-square-foot office building, an attached salon unit, and a separate warehouse with additional yard area. The improvements were built in 2003 and include brick and wood siding, tile, carpet, and wood flooring, along with central heating and central air. Furniture, equipment, fixtures, and personal belongings located on the property are included in the sale.
The property is located at 2526 Hullette Avenue in Lancaster, Texas, with access to major highways noted in the listing information. On-site features include an open parking lot, public water, and public sewer. The combination of office, salon, warehouse, and yard improvements creates a varied commercial configuration, subject to applicable city zoning, approvals, and use restrictions.
The property is located at 2526 Hullette Avenue in Lancaster, Texas, with access to major highways noted in the listing information. On-site features include an open parking lot, public water, and public sewer. The combination of office, salon, warehouse, and yard improvements creates a varied commercial configuration, subject to applicable city zoning, approvals, and use restrictions.
Key Highlights
- Two parcels conveyed together under one transaction
- 4,400 square feet of building area on 0.596 acres
- Office building includes an attached salon unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,696
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,920
$553.9K
Cap Rate 7%
$395,657
$395.7K
Cap Rate 9%
$307,733
$307.7K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$35.7K $8.12/SF
− Vacancy
−$3.1K −$0.71/SF
EGI
$32.6K $7.41/SF
− OpEx
−$4.9K −$1.11/SF
NOI
$27.7K $6.29/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,920
Cap Rate 7%
$395,657
Cap Rate 9%
$307,733
Alternative Uses
Best Use
Office B
$891.0K
$779.6K – $1.04M
NOI $62,370 @ 7.0% cap · market cap 17.82%
Second Best
Warehouse
$395.7K
$346.2K – $461.6K
NOI $27,696 @ 7.0% cap · market cap 7.91%
Theoretical Best
Multifamily LT 5
$52.74M
$46.15M – $61.53M
NOI $3,691,888 @ 7.0% cap · market cap 1,054.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75134, TX
20,194
Population
7,003
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
10.6 sq mi
ZIP Area
1,905
Density / Sq Mi
$66,134
Median Household Income
$48,605
Median Earnings
$1,762
Median Rent
$216,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Spencer's Culinary Creations — 2131 Stonewood Dr, Lancaster, TX 75134
Frequently Asked Questions
What type of property is this?
Flex space - Two parcels combine office, salon, warehouse, and open yard components for varied commercial operations.
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 $349,999.
What are key features of this property?
This property features: Two parcels conveyed together under one transaction; 4,400 square feet of building area on 0.596 acres; Office building includes an attached salon unit
