Corner Storefront
For Sale
Contact for pricing
1018 East Irving Blvd, Irving, TX 75060
Commercial building constructed in 1968 with a corner setting.
Property Size9,640 SF
Days on Market114
Property Features for 1018 East Irving Blvd
General Information
Standard status
Active
Size
9,640 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Corner Location
Yes
Building Details
Building Size
9,640 SF
Year Built
1968
Properties For Sale
at 1018 East Irving Blvd Contact us1014
Size
2,021 SF
Type
Strip Center
Term
36 months
1020
Size
2,100 SF
Type
Street Retail
Term
36+
Listing Agency:
Engvest Group - eXp Commercial
Listed By:
Daniel Eng | CCIM · License #TX #514529
(214) 926-3666
Source:
Engvest
Added: Jun 25
Changed: Oct 7
Last Checked: Oct 14 at 9:15PM
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 Engvest Group - eXp Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Irving Nursery Center is a storefront property at 1018 East Irving Blvd in Irving, Texas. The commercial building was constructed in 1968 and occupies a corner position, providing a defined presence along the surrounding roadway. The property is offered for sale and may suit a buyer seeking an established commercial building with a visible corner setting.
Key Highlights
- Storefront property offered for sale
- Constructed in 1968
- Corner‑positioned commercial building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,949
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,098,980
$3.1M
Cap Rate 7%
$2,213,557
$2.2M
Cap Rate 9%
$1,721,656
$1.7M
Market Conditions
NOI Build-Up for 9,640 SF
Gross rent
$232.5K $24.12/SF
− Vacancy
−$11.2K −$1.16/SF
EGI
$221.4K $22.96/SF
− OpEx
−$66.4K −$6.89/SF
NOI
$154.9K $16.07/SF
Area
Irving, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,098,980
Cap Rate 7%
$2,213,557
Cap Rate 9%
$1,721,656
Alternative Uses
Best Use
Retail
$2.21M
$1.94M – $2.58M
NOI $154,949 @ 7.0% cap · market cap 737,852.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $173,057 @ 7.0% cap · market cap 824,080.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75060, TX
47,955
Population
15,538
Households
3.1
Avg Household Size
34
Median Age
18%
College-Educated
64%
High-School Grad
12.1 sq mi
ZIP Area
3,963
Density / Sq Mi
$69,708
Median Household Income
$35,508
Median Earnings
$1,367
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Octavia's Flowers — 623 E 2nd St, Irving, TX 75060
- Savers Cost Plus Supermarket — 504 N O'Connor Rd, Irving, TX 75061
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building constructed in 1968 with a corner setting.
Where is this storefront property located?
The property is located at 1018 East Irving Blvd Irving, TX.
What are key features of this property?
This property features: Storefront property offered for sale; Constructed in 1968; Corner‑positioned commercial building
