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1103 South Beckley Avenue, Dallas, TX 75203

Mixed office and retail space near Dallas Zoo and Arts District.

Property Size3,240 SF
Price / SF$216.05
Days on Market121

Property Features for 1103 South Beckley Avenue

General Information

Standard status Active
Size 3,240 SF
Property subtype Mixed Use, Office, Retail
Zoning Z248
Lease Type NNN

Building Details

Year Built 1927
Units 5
Tenancy Single
Listing Agency: Paul Lacy Investments
Listed By: Paul Lacy · License #TX-TX
Source: Crexi
Added: Jun 18 Changed: Oct 1 Last Checked: Oct 14 at 10:56PM

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 Paul Lacy Investments

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Investment Insights

Based on property information with market context.

This for-sale commercial property includes both office units and retail space, providing a flexible setup for businesses that need a professional workspace alongside customer-facing use. The building is designed to accommodate multiple commercial functions within the same ownership structure.

Located at 1103 South Beckley Avenue in Dallas, TX 75203, the property benefits from its proximity to the Dallas Zoo and the Arts District, placing it within a broader entertainment and cultural area. Its established commercial character makes it suitable for occupants who prefer to operate near active local destinations.

For tenants, the mix of office and retail space can support a variety of operating models, from service-oriented businesses to retail users that benefit from having space for both front-of-house and back-office needs. For buyers, the combination of office and retail offerings can support a diversified use strategy under one roof. This is a straightforward option for those looking to acquire a commercial building with multiple space types in a Dallas location near major local attractions.

Key Highlights

  • Built in 1927
  • Mixed office and retail space
  • Located near Dallas Zoo and the Arts District

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,133
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,660 $1.0M
Cap Rate 7%
$744,757 $744.8K
Cap Rate 9%
$579,256 $579.3K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$78.1K $24.12/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$74.5K $22.99/SF
− OpEx
−$22.3K −$6.90/SF
NOI
$52.1K $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%
$1,042,660
Cap Rate 7%
$744,757
Cap Rate 9%
$579,256

Alternative Uses

Best Use
Office B
$2.66M
$2.33M – $3.10M (±1% cap)
NOI $186,272 @ 7.0% cap · market cap 26.61%
Second Best
Retail
$744.8K
$651.7K – $868.9K (±1% cap)
NOI $52,133 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M (±1% cap)
NOI $272,141 @ 7.0% cap · market cap 38.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Brite Component Works ... Powder Coating Service

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

974
Businesses Nearby

Demographics for 75203, TX

14,710
Population
6,862
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
3,065
Density / Sq Mi
$46,358
Median Household Income
$32,690
Median Earnings
$1,110
Median Rent
$125,000
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 Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025

Frequently Asked Questions

What type of property is this?
Office units - Mixed office and retail space near Dallas Zoo and Arts District.
Where is this office units located?
The property is located at 1103 South Beckley Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Built in 1927; Mixed office and retail space; Located near Dallas Zoo and the Arts District
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