Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Euless Office Space For Lease Title is generated by Realmo AI

    411 N Main St, Euless, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office building with versatile layout and excellent freeway access.

    Type:OFFICE
    Property size:
    5,658 SF
    Lot size:
    0.56 Acres
    Added:
    Nov 25, 2024
    Days on Market:
    560
    Last Refresh:
    May 20 at 8:17 pm

    Property Features for 411 N Main St

    General Information

    Standard status
    Active
    Size
    5,658 SF
    Lot size
    0.56 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 411 N Main St Contact us

    We can help!

    Listing Contact
    LeAnn Brown
    LeAnn Brown

    Listing agent LeAnn Brown License #0488983

    Listing office Silver Oak Commercial Realty

    Listing date Nov 25, 2024

    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 Silver Oak Commercial Realty

    HighLights

    • Excellent freeway access, just 1 block north of Hwy 183
    • Features 18 parking spaces
    • Versatile layout with offices and open workspace
    • Sublease available with a 5 or 10 year option
    • May be subdivided or occupy entire building
    • Minutes from DFW Airport

    Overview

    This office building, located one block north of Highway 183, offers convenient freeway access. The property features a versatile layout with multiple offices and open bullpen work spaces. It may be subdivided or the entire building can be occupied. The property includes 18 open surface parking spaces and a fenced area in the rear. An outdoor seating area is also available. The location is minutes from DFW Airport. A sublease is available with a 5 or 10 year option. The property contains 5,658 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Emergency Clinic -Airport ... Hospital

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Euless
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0831
    Latitude
    32.8423

    Nearby Similar for Lease

    • $1,500/Mo

      Light-Filled Office Suite

      A 1,000 SF suite with three private offices, a reception area, and flexible space supported by maintained common restrooms.
      905 Heather Drive, Euless, TX 76040
      View Details
    • $4,700/Mo
      6,259 SF

      Freestanding Commercial Building with Parking

      Versatile building with ample private parking, formerly a day care center, suitable for education or professional use.
      109 W Midway Drive, Euless, TX 76039
      View Details
    • $395/Mo

      Renovated Medical Office Building

      Recently renovated medical office space with flexible, contiguous layouts for practices seeking a move-in-ready footprint.
      425 Westpark Way, Euless, TX 76040
      View Details
    • $2,000/Mo
      1,900 SF

      Professional Office with Warehouse Space

      Accessible office space with private offices and storage-warehouse access.
      905 Heather Dr Ste 200, Euless, TX, 76040-6874
      View Details
    • $1,500/Mo
      1,900 SF

      Professional Office Space in Euless

      Convenient office space with easy access to DFW Metroplex.
      905 Heather Drive #100, Euless, TX 76040
      View Details
    • $4,700/Mo
      6,259 SF

      Versatile Commercial Building in Euless

      3,329 SF commercial building suitable for various business types.
      109 West Midway Drive, Euless, TX 76039
      View Details
    • Contact for pricing
      1,890 SF

      Retail Endcap Space For Rent

      Former Verizon endcap space in a high-traffic retail area.
      2921-2951 State Highway 121, Euless, TX 76039
      View Details
    • $15,000/Mo

      Former Event Space For Rent

      Former event space in Euless, TX, ready for new tenant.
      101 W Glade Rd, Euless, TX 76039
      View Details
    • Contact for pricing
      2,058 SF

      Warehouse with Private Office

      Includes a warehouse bay plus a small office, suited for light industrial or distribution needs.
      1118 S Airport Cir, Euless, TX
      View Details
    • Contact for pricing
      13,860 SF

      Euless Office Space For Rent

      Office suites available for lease in Euless, Texas.
      305 W EULESS BLVD, OAKWOOD, Euless, TX 76040
      View Details
    • $15 SF/Yr
      950 SF

      Euless Office Space Available

      950 square feet of office space for lease.
      301-323 Westpark Way, Euless, TX
      View Details
    • $395/Mo
      150 SF

      Renovated Medical Office Near Hospital

      Recently renovated medical office space near THR Hospital.
      425 Westpark Way #Private Offices, Euless, TX 76040
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with versatile layout and excellent freeway access.
    Where is this office building located?
    The property is located at 411 N Main St Euless, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Excellent freeway access, just 1 block north of Hwy 183; Features 18 parking spaces; Versatile layout with offices and open workspace
    (817) 849-8282 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing LeAnn Brown
    LeAnn Brown
    Real Estate License ID: 0488983
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    411 N Main St, Euless, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!