5530 Military Parkway Dallas, TX 75227
SINGLE_FAMILY - Dallas, TX
Property Features for 5530 Military Parkway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Gated, Parking Lot
- Standard status
- Active
- APN
- 00000434896000200
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Description
- BLK 5802 TR 20.2 ACS 0.0237 CALC
- Tax Annual Amount
- 24
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Flat
Listing agent Charles Horton License #0546099 (214) 692-6400
Listing office The Michael Group Real Estate Dallas, TX (817) 577-9000
Listing date Nov 7, 2025
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Investment Insights
Based on property information with market context.
Convenient access is available from Military Parkway, with entrances serving the site. The asset is positioned for regional connectivity, with I-30 about five minutes away, downtown Dallas about 10 minutes away, and Interstates 35E, 75, and 45 about 15 minutes away.
With PD 323 zoning offering a variety of approved uses, the building is a practical fit for owner-users and investors seeking flexibility beyond a single specialty. The combination of office amenities, multiple restroom facilities, and a functional loading dock can support operations such as warehouse or manufacturing activities, as well as retail or office-suite configurations. The owner is also open to financing, creating an accessible path for qualified buyers.
Key Highlights
- 6,250 sq. ft. commercial building operating as an event center
- Fully climate‑controlled with central heating and central air
- Brick construction with concrete flooring and a flat roof
Local Financial Insights For Retail
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 | $150.8k | $24.12 |
| − Vacancy | −$7.1k | −$1.13 |
| EGI | $143.7k | $22.99 |
| − OpEx | −$43.1k | −$6.90 |
| NOI | $100.6k | $16.09 |
