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Modern Multipurpose Commercial Facility

2661 Walnut Hill Lane, Dallas, TX 75229

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For Sale

$2,400,000

Modern commercial building with development potential in prime Dallas location.

Type:Commercial

Property size:

3,216 SF

Lot size:

0.83 Acres

Price / SF:

$746/SF

HighLights

Prime Dallas location with excellent visibility on Walnut Hill Lane and strong traffic counts.
Modern, multipurpose commercial facility built in 2021.
Large, gated and fenced lot (36,240 SF) with expansive grass area and room for future development.
Abundant parking with capacity for up to 80 vehicles.
Direct access to I‑35 and I‑635.
Includes three bay doors, three offices, two restrooms, and a generous storage room.

We can help!

Listing Contact

Stacy Byassee

Learn more

For Sale

$2,400,000

Modern commercial building with development potential in prime Dallas location.

Type:Commercial

Property size:

3,216 SF

Lot size:

0.83 Acres

Price / SF:

$746/SF

Added:: Apr 22, 2026
Days on Market:: 59
Last Refresh:: Apr 22 at 5:29 pm

Property Features for 2661 Walnut Hill Lane

General Information

Standard status: Active
Size: 3,216 SF
Lot size: 0.83 Acres
Property subtype: Commercial

Building Details

Year Built: 2021

We can help!

Listing Contact

Stacy Byassee

Listing agent Stacy Byassee

Listing office Fathom Realty, LLC

Listing date Apr 22, 2026

Source Signaturere

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 Fathom Realty, LLC

HighLights

Prime Dallas location with excellent visibility on Walnut Hill Lane and strong traffic counts.
Modern, multipurpose commercial facility built in 2021.
Large, gated and fenced lot (36,240 SF) with expansive grass area and room for future development.
Abundant parking with capacity for up to 80 vehicles.
Direct access to I‑35 and I‑635.
Includes three bay doors, three offices, two restrooms, and a generous storage room.

Overview

The property at 2661 Walnut Hill Lane is a modern, multipurpose commercial facility located in Dallas. Constructed in 2021, the 3,216 square foot building is situated on a 36,240 square foot gated and fenced lot. Zoned for Industrial Research, the property benefits from high visibility along Walnut Hill Lane and strong traffic counts. The building features three bay doors, three offices, two restrooms, and a generous storage room. An expansive grass area provides room for future development. The site has parking capacity for up to 80 vehicles and offers direct access to I-35 and I-635. This property is suited for a range of commercial uses and presents an opportunity for an owner-occupant or investor seeking a high-quality asset.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$329.6k	$102.48
− Vacancy	−$83.1k	−$25.82
EGI	$246.5k	$76.66
− OpEx	−$61.6k	−$19.16
NOI	$184.9k	$57.49

3,216 SF · lease $102.48/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.64M

$2.31M – $3.08M (±1% cap)

NOI $184,892 @ 7.0% cap · market cap 7.70%

Second Best

Flex RnD

$403.1K

$352.8K – $470.3K (±1% cap)

NOI $28,220 @ 7.0% cap · market cap 1.18%

Theoretical Best

Office A

$3.86M

$3.38M – $4.50M (±1% cap)

NOI $270,125 @ 7.0% cap · market cap 11.26%

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

Location Intelligence

Current Use by Public Records

Star Texas Motors Car Dealership

Suggested Use

Similar Places 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

Location Insight

Map
Local Demand

City: Dallas
County: Collin
State: Texas
Longitude: -96.88882
Latitude: 32.881607

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For sale
Flex space
TX
Dallas
75229
2661 Walnut Hill Lane

What type of property is this?

Flex space - Modern commercial building with development potential in prime Dallas location.

Where is this flex space located?

The property is located at 2661 Walnut Hill Lane Dallas, TX.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Prime Dallas location with excellent visibility on Walnut Hill Lane and strong traffic counts.; Modern, multipurpose commercial facility built in 2021.; Large, gated and fenced lot (36,240 SF) with expansive grass area and room for future development.