Flex Space with Office and
11127 Shady Trail #104, Dallas, TX 75229
For Sale
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A Dallas commercial unit pairs a multi-room office layout with warehouse space and a grade-level loading door.
Property Size3,000 SF
Price / SF$0.98
Days on Market50
Property Features for 11127 Shady Trail #104
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Luxe Estates Realty, LLC
(469) 831-6893
Listed By:
Richard Guilliams · License TX #9001668
Source:
Dallasandbeyond
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 12 at 7:41AM
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 Luxe Estates Realty, LLC
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Investment Insights
Based on property information with market context.
This 1981 flex property contains approximately 3,000 square feet, divided between a 1,250-square-foot office area and a 1,750-square-foot warehouse. The office includes a lobby or sitting area, a meeting room, several private offices, and two bathrooms. Warehouse features include shelving, high ceilings, fluorescent lighting, and a grade-level garage door. On-site parking is provided; furniture is excluded.
The property is 0.8 miles from I-35E and 1.3 miles from I-635. Shipping centers are more than 1 mile away, Dallas Love Field is 6.6 miles away, and Dallas Fort Worth International Airport is 12.4 miles away.
The property is 0.8 miles from I-35E and 1.3 miles from I-635. Shipping centers are more than 1 mile away, Dallas Love Field is 6.6 miles away, and Dallas Fort Worth International Airport is 12.4 miles away.
Key Highlights
- Approximately 3,000 sqft total
- Office area is approximately 1,250 sqft; warehouse area is 1,750 sqft
- Warehouse has shelving, high ceilings, fluorescent lighting, and a grade‑level garage door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,105
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,100
$342.1K
Cap Rate 7%
$244,357
$244.4K
Cap Rate 9%
$190,056
$190.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$27.0K $9.00/SF
− Vacancy
−$2.6K −$0.86/SF
EGI
$24.4K $8.15/SF
− OpEx
−$7.3K −$2.44/SF
NOI
$17.1K $5.70/SF
Area
Dallas, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,100
Cap Rate 7%
$244,357
Cap Rate 9%
$190,056
Alternative Uses
Best Use
Flex RnD
$376.1K
$329.1K – $438.8K
NOI $26,325 @ 7.0% cap
Second Best
Warehouse
$296.7K
$259.6K – $346.2K
NOI $20,770 @ 7.0% cap
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,983 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,088
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75229, TX
33,168
Population
12,542
Households
2.6
Avg Household Size
37
Median Age
50%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
2,675
Density / Sq Mi
$121,381
Median Household Income
$52,169
Median Earnings
$1,522
Median Rent
$598,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Dallas, TX
Properties on Market for Flex space in Dallas
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Great Endings Inc — 2433 Walnut Ridge St, Dallas, TX 75229
- Goodhart Coffee Catering of Dallas Fort Worth (DFW) — 2570 Southwell Rd, Dallas, TX 75229
- Totally Dvine — 11311 Harry Hines Blvd, Dallas, TX 75229, United States
Frequently Asked Questions
What type of property is this?
Flex space - A Dallas commercial unit pairs a multi-room office layout with warehouse space and a grade-level loading door.
Where is this flex space located?
The property is located at 11127 Shady Trail #104 Dallas, TX.
What are key features of this property?
This property features: Approximately 3,000 sqft total; Office area is approximately 1,250 sqft; warehouse area is 1,750 sqft; Warehouse has shelving, high ceilings, fluorescent lighting, and a grade‑level garage door
