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    Rare Warehouse in Old East Dallas Title is generated by Realmo AI

    1423 N Carroll Ave, Dallas, TX

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    Warehouse with loading dock in Old East Dallas for sale.

    Type:INDUSTRIAL
    Property size:
    14,955 SF
    Lot size:
    0.68 Acres
    Price / SF:
    $137/SF
    Added:
    Feb 14, 2025
    Days on Market:
    491
    Last Refresh:
    May 20 at 8:49 pm

    Property Features for 1423 N Carroll Ave

    General Information

    Standard status
    Active
    Size
    14,955 SF
    Lot size
    0.68 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Ben A. Billings

    Listing agent Ben A. Billings

    Listing office Perry Guest Company

    Listing date Feb 14, 2025

    Source Moodyscre

    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 Perry Guest Company

    HighLights

    • Extremely rare locking dock warehouse
    • Site on 30,000 square feet of land
    • Old East Dallas location
    • Multiple exit strategies

    Overview

    This warehouse property, situated in Old East Dallas, offers a rare opportunity with its locking dock feature. The site occupies 30,000 square feet of land and contains a 14,955 square foot warehouse. The property offers multiple exit strategies.

    Local Financial Insights For Warehouse

    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 $134.6k $9.00
    − Vacancy −$12.8k −$0.86
    EGI $121.8k $8.15
    − OpEx −$18.3k −$1.22
    NOI $103.5k $6.92
    14,955 SF · lease $9.00/SF/yr · vacancy 9.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.48M
    $1.29M – $1.73M (±1% cap)
    NOI $103,537 @ 7.0% cap · market cap 5.03%
    Second Best
    Industrial
    $1.22M
    $1.07M – $1.42M (±1% cap)
    NOI $85,266 @ 7.0% cap · market cap 4.14%
    Theoretical Best
    Office A
    $17.94M
    $15.70M – $20.94M (±1% cap)
    NOI $1,256,134 @ 7.0% cap · market cap 61.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

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    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.7783
    Latitude
    32.8003

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    FAQs

    What type of property is this?
    Warehouse - Warehouse with loading dock in Old East Dallas for sale.
    Where is this warehouse located?
    The property is located at 1423 N Carroll Ave Dallas, TX.
    What is the asking price?
    The asking price for this property is $2,057,580.
    What are key features of this property?
    This property features: Extremely rare locking dock warehouse; Site on 30,000 square feet of land; Old East Dallas location
    (925) 872-1875 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ben A. Billings
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