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Flex Space with Private Bathrooms
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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 Market330

Property Features for 11166 Ables Ln

General Information

Standard status Active
Size 13,050 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes

Amenities

Private Bathroom
Listing Agency: STRIVE
Listed By: Hudson Springer
Source: Moodyscre
Added: Sep 5, 2025 Changed: Jul 30 Last Checked: Jul 30 at 11:38AM

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

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.

Key Highlights

  • 13,050 SF total property size
  • 1,305 SF suite sizes
  • Every suite includes a private bathroom

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $195.8k $15.00
− Vacancy −$19.6k −$1.50
EGI $176.2k $13.50
− OpEx −$61.7k −$4.73
NOI $114.5k $8.78
13,050 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,514 @ 7.0% cap · market cap 4.40%
Second Best
Warehouse
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,348 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$15.66M
$13.70M – $18.27M (±1% cap)
NOI $1,096,125 @ 7.0% cap · market cap 42.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

MCs Auto Sales Car Dealership Commercial Flat Roofing ... Roofing Company

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Daycare Center Veterinary Clinic Garden Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,664
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Great Endings Inc — 2433 Walnut Ridge St, Dallas, TX 75229
  • Totally Dvine — 11311 Harry Hines Blvd, Dallas, TX 75229, United States
  • Goodhart Coffee Catering of Dallas Fort Worth (DFW) — 2570 Southwell Rd, Dallas, TX 75229
  • 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
(469) 844-8022 Call to check price and availability
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