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Secured Flex Space
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125 Burrell Drive #B, Dallas, TX 75232

Commercial space with perimeter fencing and direct access to the I-35 surface road.

Property Size4,560 SF
Price / SF$0.99
Days on Market112

Property Features for 125 Burrell Drive #B

General Information

Standard status Active
Size 4,560 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Building Details

Year Built 1964
Listing Agency: Gregorio Real Estate Company
Listed By: Rafael J Gregorio Jr · License #0658777
Source: Lonestarluxuryrealty
Added: Jul 2 Changed: Oct 4 Last Checked: Oct 20 at 9:28PM

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 Gregorio Real Estate Company

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Investment Insights

Based on property information with market context.

This flex-space property includes a commercial unit with a secured fence and access to the I-35 surface road. The space is identified for varied commercial applications, including ministry use, granite-related operations, heavy workshop activity, mechanical work, and an entertainment venue with a bar and stage. Any proposed use should be independently verified for suitability and compliance.

The property is located in Dallas at 125 Burrell Drive, Unit B. Its surrounding highway network includes I-35, Highway 67, Loop 12, and I-20, providing access from multiple regional routes. Built in 1964, the property offers an established commercial setting for an owner-user or operator seeking flex-oriented space.

Key Highlights

  • Flex‑space unit at 125 Burrell Drive, Unit B, Dallas, TX 75232
  • Secured fence surrounds the property
  • Access to the I‑35 surface road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,999
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,980 $520.0K
Cap Rate 7%
$371,414 $371.4K
Cap Rate 9%
$288,878 $288.9K
Market Conditions
NOI Build-Up for 4,560 SF
Gross rent
$41.0K $9.00/SF
− Vacancy
−$3.9K −$0.86/SF
EGI
$37.1K $8.15/SF
− OpEx
−$11.1K −$2.44/SF
NOI
$26.0K $5.70/SF
Area
Dallas, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,980
Cap Rate 7%
$371,414
Cap Rate 9%
$288,878

Alternative Uses

Best Use
Flex RnD
$571.6K
$500.2K – $666.9K (±1% cap)
NOI $40,014 @ 7.0% cap · market cap 889.20%
Second Best
Warehouse
$451.0K
$394.6K – $526.2K (±1% cap)
NOI $31,570 @ 7.0% cap · market cap 701.56%
Theoretical Best
Office A
$5.47M
$4.79M – $6.38M (±1% cap)
NOI $383,014 @ 7.0% cap · market cap 8,511.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Hair Salon

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
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75232, TX

30,061
Population
11,421
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
3,416
Density / Sq Mi
$57,315
Median Household Income
$32,367
Median Earnings
$1,265
Median Rent
$207,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Commercial space with perimeter fencing and direct access to the I-35 surface road.
Where is this flex space located?
The property is located at 125 Burrell Drive #B Dallas, TX.
What are key features of this property?
This property features: Flex‑space unit at 125 Burrell Drive, Unit B, Dallas, TX 75232; Secured fence surrounds the property; Access to the I‑35 surface road
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