Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2138 N Josey Ln Carrollton, TX 75006

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with great access and visibility available for rent.

    Property size:
    3,805 SF
    Lot size:
    1.37 Acres

    Property Features for 2138 N Josey Ln

    General Information

    Size
    3,805 SF
    Lot size
    1.37 Acres

    We can help!

    Listing Contact
    Oliver Willman
    Oliver Willman
    Source: Moodyscre

    Listing Agent: Oliver Willman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Near Home Depot

    This retail space benefits from its location at the lighted intersection of Josey Lane and Keller Springs Road. The property is shadow-anchored by Home Depot and is in close proximity to national tenants such as Albertsons, Braum’s, Sonic, Walgreens, CVS, and McDonald’s. The available end-cap space is move-in ready. The property size is 3805 square feet.
    Location Intelligence

    Current Use by Public Records

    Beverly Dental Center Dentist WellMed at Valley Mill Medical Clinic Anna T Mathew, ... Nurse Practitioner Superior Appliances Repair Appliance Repair Service AG Liquidation Computer Repair Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Denton
    State
    Texas
    Longitude
    -96.8892914
    Latitude
    32.9724211

    Nearby Similar for Lease

    • $2,660 /Mo
      4,661 SF

      Carrollton Office Suites For Lease

      Professional office suites in a prime Carrollton location.
      4425 Plano Pkwy, Carrollton, TX 75010
      View Details
    • $3,956 /Mo
      3,167 SF

      Adaptable Space in High-Traffic Area

      3,165 SF space suitable for office, retail, or medical use.
      1445 Mac Arthur Dr, Carrollton, TX 75007
      View Details
    • $2,300 /Mo
      182,168 SF

      Carrollton Office Space For Rent

      Immaculate office space in prime location with excellent visibility.
      2840 Keller Springs Rd, Carrollton, TX 75006
      View Details
    • $20 SF/Yr
      44,562 SF

      Move-in Ready Carrollton Office Space

      Premium office space in a quiet Carrollton location.
      4100 Medical Pkwy, Carrollton, TX 75007
      View Details
    • $2,251 /Mo
      1,228 SF

      Modern Office Suite in Carrollton

      Professional office suite built in 2021 with modern amenities.
      4425 Plano Pkwy, Carrollton, TX 75010
      View Details
    • New
      $2,700 /Mo
      313,371 SF

      Carrollton Office Suite For Rent

      Office suite in Mustang Ridge Office Park, ready for occupancy.
      4425 Plano Pkwy, Carrollton, TX 75010
      View Details
    • $26 SF/Yr
      1,670 SF

      Carrollton Retail Space For Lease

      Shell space in high-traffic Carrollton location, ideal for diverse businesses.
      4116 Sh 121, Carrollton, TX 75010
      View Details
    • Contact for pricing
      64,911 SF

      Carrollton Flex Warehouse Spaces

      Versatile flex warehouse spaces in Carrollton, Texas, designed for business.
      3330 Earhart Dr, Carrollton, TX 75006
      View Details
    • Contact for pricing
      3,302 SF

      Carrollton Office Space for Rent

      Office space with convenient access to amenities and major thoroughfares.
      4100 International Pkwy, Carrollton, TX 75007
      View Details
    • Contact for pricing
      2,568 SF

      Office Space with Modern Amenities

      Office space with convenient location and comprehensive on-site amenities.
      4100 Midway Rd, Carrollton, TX 75007
      View Details
    • Contact for pricing
      3,678 SF

      Plano Executive Office Space

      3,678 SF Retail/Office Suite Available
      3412 Hebron Pkwy, Carrollton, TX 75093
      View Details
    • $12 SF/Yr
      64 SF

      Carrollton Flex Warehouse Spaces

      Adaptable flex warehouse spaces for diverse business needs in Carrollton.
      3330 Earhart Dr, Carrollton, TX 75006
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with great access and visibility available for rent.
    Where is this retail space located?
    The property is located at 2138 N Josey Ln Carrollton, TX.
    What are key features of this property?
    This property features: - Great access and visibility at the lighted intersection of Josey Ln. and Keller Springs Rd.; - Move-in ready end cap space available.; - Shadow anchored by Home Depot.
    (214) 227-6867
    Request Owner's contact information
    2138 N Josey Ln Carrollton, TX 75006
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2138 N Josey Ln
    Carrollton, TX 75006
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2138 N Josey Ln Carrollton, TX 75006
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Oliver Willman
    Oliver Willman
    Real Estate License ID: 788014
    (214) 227-6867
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.