Retail/Creative Flex Space with
3012 Commerce Street Dallas, TX 75226
3012 Commerce Street, Dallas, TX, 75226
$1,600,000
For Sale
$1,600,000
Flexible space with exposed brick, full storefront windows, and two grade-level doors for retail or creative/service use.
Property Size4,563 SF
Price / SF$350.65
Days on Market39
Property Features for 3012 Commerce Street
General Information
- Standard status
- Active
- Size
- 4,563 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing agency
Trinity Southwest
(214) 663-4218
Listed by
Patrick Hunt
(214) 663-4218
Source
Signaturere
Added: Jun 13 Updated: Jul 10 at 1:58PM Checked: Jul 19 at 5:03AM
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 Trinity Southwest
Investment Insights
Based on property information with market context.
This flexible commercial space is designed for adaptable retail, creative, or service use, featuring exposed brick interiors and a prominent storefront. The front includes full storefront windows, supported by two grade-level doors for direct, practical access.
Located on Commerce Street in Deep Ellum, the property benefits from recent two-way traffic conversion and enhanced streetscape improvements, supporting a more pedestrian-friendly street environment.
For tenants and buyers, the combination of retail-oriented storefront glazing and grade-level door access can support a range of showroom, client-facing, and flexible operating needs. The exposed brick interior provides an established look for merchandising and creative concepts, while the straightforward entry configuration is well suited for daily customer and delivery flow.
Located on Commerce Street in Deep Ellum, the property benefits from recent two-way traffic conversion and enhanced streetscape improvements, supporting a more pedestrian-friendly street environment.
For tenants and buyers, the combination of retail-oriented storefront glazing and grade-level door access can support a range of showroom, client-facing, and flexible operating needs. The exposed brick interior provides an established look for merchandising and creative concepts, while the straightforward entry configuration is well suited for daily customer and delivery flow.
Key Highlights
- Flexible commercial space built in 1946 in the heart of Deep Ellum
- Exposed brick interiors
- Prominent storefront with full storefront windows
Local Financial Insights For Retail
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 | $110.1k | $24.12 |
| − Vacancy | −$5.2k | −$1.13 |
| EGI | $104.9k | $22.99 |
| − OpEx | −$31.5k | −$6.90 |
| NOI | $73.4k | $16.09 |
4,563 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.05M
$917.8K – $1.22M
NOI $73,421 @ 7.0% cap · market cap 4.59%
Second Best
Flex RnD
$572.0K
$500.5K – $667.3K
NOI $40,040 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$5.48M
$4.79M – $6.39M
NOI $383,266 @ 7.0% cap · market cap 23.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Weiss Enterprises — 831 4th Ave, Dallas, TX 75226
- Tap Truck DFW — 1001 1st ave, dallas, tx 75201
- Wendy Krispin Caterer — 528 S Hall St, Dallas, TX 75226
- T.L. Hooker Personal Chef — 2772 Gaston Ave, Dallas, TX 75226
- Anori Chops (PICK UP ONLY) — 2525 Elm St, Dallas, TX 75226
FAQs
What type of property is this?
Flex space - Flexible space with exposed brick, full storefront windows, and two grade-level doors for retail or creative/service use.
Where is this flex space located?
The property is located at 3012 Commerce Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Flexible commercial space built in 1946 in the heart of Deep Ellum; Exposed brick interiors; Prominent storefront with full storefront windows
