Flex Space With
For Sale
$795,000
10426 C F Hawn Freeway, Dallas, TX 75217
CommercialSale, Dallas, TX
Property Size5,000 SF
Lot Size0.71 Acres
Price / SF$159
Days on Market100
Property Features for 10426 C F Hawn Freeway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial - Office Warehouse
Parking features
Open, Parking Lot
Subdivision
IMPTS ONLY ACCT
Lot features
Level
Directions
Google Maps is good
Standard status
Active
APN
00000814444000000
Lot size
0.71 Acres
Taxes and HOA fees
Tax Description
BLK 8566 TR 3 ACS 0.7117 259.5FR THELMA VOL 8
Tax Annual Amount
3557
Legal Description
BLK 8566 TR 3 ACS 0.7117 259.5FR THELMA VOL 8
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding, Rock, Stone
Roof type
Metal
Listing Agency:
Coldwell Banker Apex, REALTORS · Coldwell Banker Real Estate
(972) 772-9300
Listed By:
Dan Robertson · License #0347196
(469) 450-7355
Added: May 22
Changed: Aug 23
Last Checked: Aug 29 at 12:06PM
MLS# 20669503
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 combines a front showroom with a rear warehouse in a 5,000-square-foot office-warehouse building. The improvements include one roll-up grade door, concrete flooring, central heating and central air. A fenced front yard with a gate and paved parking adds secured outdoor space for the property. Public water and sewer serve the site, which also features a metal roof and metal, rock, and stone exterior materials. Built in 1985, the property is currently leased on a month-to-month basis.
The site encompasses 0.712 acres with frontage on C F Hawn Freeway. Access is described as easy on and off, with proximity to I-635, I-20, and downtown Dallas. An older frame residence is also located on the property.
The site encompasses 0.712 acres with frontage on C F Hawn Freeway. Access is described as easy on and off, with proximity to I-635, I-20, and downtown Dallas. An older frame residence is also located on the property.
Key Highlights
- 5,000‑square‑foot office‑warehouse with front showroom and rear warehouse
- 0.712‑acre site with frontage on C F Hawn Freeway
- One roll‑up grade door serving the warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,875
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$877,500
$877.5K
Cap Rate 7%
$626,786
$626.8K
Cap Rate 9%
$487,500
$487.5K
Market Conditions
NOI Build-Up for 5,000 SF
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.
Gross rent
$75.0K $15.00/SF
− Vacancy
−$7.5K −$1.50/SF
EGI
$67.5K $13.50/SF
− OpEx
−$23.6K −$4.73/SF
NOI
$43.9K $8.78/SF
Area
ZIP 75217
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$877,500
Cap Rate 7%
$626,786
Cap Rate 9%
$487,500
Alternative Uses
Best Use
Office B
$4.11M
$3.59M – $4.79M
NOI $287,456 @ 7.0% cap · market cap 36.16%
Second Best
Retail
$1.15M
$1.01M – $1.34M
NOI $80,452 @ 7.0% cap · market cap 10.12%
Theoretical Best
Office A
$5.47M
$4.79M – $6.38M
NOI $383,096 @ 7.0% cap · market cap 48.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75217, TX
85,330
Population
25,534
Households
3.3
Avg Household Size
30
Median Age
6%
College-Educated
60%
High-School Grad
27.8 sq mi
ZIP Area
3,069
Density / Sq Mi
$52,987
Median Household Income
$35,106
Median Earnings
$1,189
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Office in Dallas, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- DT Catering Service — 1115 Haymarket Rd, Dallas, TX 75217
Frequently Asked Questions
What type of property is this?
Flex space - Front showroom, rear warehouse, fenced yard, and paved parking create a practical commercial configuration.
Where is this flex space located?
The property is located at 10426 C F Hawn Freeway Dallas, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,000‑square‑foot office‑warehouse with front showroom and rear warehouse; 0.712‑acre site with frontage on C F Hawn Freeway; One roll‑up grade door serving the warehouse
