Mixed-Use
1007 Folsom St, Dallas, TX 75208
For Sale
Contact for pricing
Planned Development zoning supports a flexible commercial setting in West Dallas.
Property Size6,972 SF
Price / SF$372.92
Days on Market106
Property Features for 1007 Folsom St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Listing Agency:
LanCarte Commercial
Listed By:
Benjamin Brown · License TX 451536-SA
(817) 676-5858
Source:
Crexi
Added: Jul 28
Changed: Nov 3
Last Checked: Nov 10 at 7:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LanCarte Commercial
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Investment Insights
Based on property information with market context.
This 6,972-square-foot mixed-use property is located at 1007 Folsom St in Dallas. The site carries Planned Development zoning and is positioned within West Dallas, providing a commercial setting near the city’s urban core.
The property is close to Bishop Arts, Kessler Park, Trinity Groves, and Downtown Dallas. Surrounding context includes established neighborhoods, creative businesses, restaurants, retail, and hospitality destinations, with access to major roadways supporting connections across the area.
The property is close to Bishop Arts, Kessler Park, Trinity Groves, and Downtown Dallas. Surrounding context includes established neighborhoods, creative businesses, restaurants, retail, and hospitality destinations, with access to major roadways supporting connections across the area.
Key Highlights
- 6,972‑square‑foot mixed‑use property
- Planned Development zoning
- Located at 1007 Folsom St, Dallas, TX 75208
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,183
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,243,660
$2.2M
Cap Rate 7%
$1,602,614
$1.6M
Cap Rate 9%
$1,246,478
$1.2M
Market Conditions
NOI Build-Up for 6,972 SF
Gross rent
$168.2K $24.12/SF
− Vacancy
−$7.9K −$1.13/SF
EGI
$160.3K $22.99/SF
− OpEx
−$48.1K −$6.90/SF
NOI
$112.2K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,243,660
Cap Rate 7%
$1,602,614
Cap Rate 9%
$1,246,478
Alternative Uses
Best Use
Office B
$5.73M
$5.01M – $6.68M
NOI $400,829 @ 7.0% cap · market cap 15.42%
Second Best
Retail
$1.60M
$1.40M – $1.87M
NOI $112,183 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$8.37M
$7.32M – $9.76M
NOI $585,608 @ 7.0% cap · market cap 22.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,303
Businesses Nearby
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Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Dallas
Vacancy Rate% for Office in Dallas, TX
Frequently Asked Questions
What type of property is this?
Mixed-use property - Planned Development zoning supports a flexible commercial setting in West Dallas.
Where is this mixed-use property located?
The property is located at 1007 Folsom St Dallas, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 6,972‑square‑foot mixed‑use property; Planned Development zoning; Located at 1007 Folsom St, Dallas, TX 75208
