Flex Space with Private
For Sale
Contact for pricing
11166 Ables Ln, Dallas, TX 75229
Flex space with private bathrooms in every suite and easy access to I-35 via Walnut Hill and Royal Lane.
Property Size13,050 SF
Price / SF$199.23
Days on Market421
Property Features for 11166 Ables Ln
General Information
Standard status
Active
Size
13,050 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Koreatown
Highway Access
Yes
Amenities
Private Bathroom
Listing Agency:
STRIVE
(469) 844-8880
Listed By:
Hudson Springer
(469) 844-8022
Source:
Moodyscre
Added: Sep 5, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:17AM
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 STRIVE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space offering includes smaller suite sizes of 1,305 SF, designed to be easier to lease. Approximately 10% of the finished area is office and 90% is warehouse finish out, and every suite includes a private bathroom.
The property is positioned in a Dallas infill industrial trade area between Harry Hines and Stemmons Fwy, just south of Royal Lane, with easy access to I-35 via both Walnut Hill and Royal Lane. Submarket occupancy is stated at 94%, with a 3.5% increase in market rents referenced in the remarks.
Seller financing is noted as available. The total property size is listed as 13,050 SF, and the surrounding 5-mile population is reported to be over 250,000 people.
The property is positioned in a Dallas infill industrial trade area between Harry Hines and Stemmons Fwy, just south of Royal Lane, with easy access to I-35 via both Walnut Hill and Royal Lane. Submarket occupancy is stated at 94%, with a 3.5% increase in market rents referenced in the remarks.
Seller financing is noted as available. The total property size is listed as 13,050 SF, and the surrounding 5-mile population is reported to be over 250,000 people.
Key Highlights
- 13,050 SF total property size
- 1,305 SF suite sizes
- Every suite includes a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,514
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,290,280
$2.3M
Cap Rate 7%
$1,635,914
$1.6M
Cap Rate 9%
$1,272,378
$1.3M
Market Conditions
NOI Build-Up for 13,050 SF
Gross rent
$195.8K $15.00/SF
− Vacancy
−$19.6K −$1.50/SF
EGI
$176.2K $13.50/SF
− OpEx
−$61.7K −$4.73/SF
NOI
$114.5K $8.78/SF
Area
Dallas, TX
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 Rate 5%
$2,290,280
Cap Rate 7%
$1,635,914
Cap Rate 9%
$1,272,378
Alternative Uses
Best Use
Flex RnD
$1.64M
$1.43M – $1.91M
NOI $114,514 @ 7.0% cap · market cap 4.40%
Second Best
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,348 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$15.66M
$13.70M – $18.27M
NOI $1,096,125 @ 7.0% cap · market cap 42.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,389
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
View Realmo Analytics
Market
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
- 9 Rabbits Bakery — 2546 Royal Ln, Dallas, TX 75229
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with private bathrooms in every suite and easy access to I-35 via Walnut Hill and Royal Lane.
Where is this flex space located?
The property is located at 11166 Ables Ln 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: 13,050 SF total property size; 1,305 SF suite sizes; Every suite includes a private bathroom
