Single-Story Office
1610 Corporate Court Irving, TX 75038
For Sale
$2,500,000
Single-story office building built in 1982, conveniently located near major Dallas-area freeways.
Property Size14,630 SF
Price / SF$170.88
Days on Market13
Property Features for 1610 Corporate Court
General Information
- Standard status
- Active
- Size
- 14,630 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing Agency:
RDE Capital Group, LLC
(214) 799-9744
Listed By:
Enrique Arjona · License #0619039
(214) 799-9744
Source:
Cornerstonehomeandranch
Added: Jul 13
Changed: Jul 14
Last Checked: Jul 14 at 3:02AM
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 RDE Capital Group, LLC
Investment Insights
Based on property information with market context.
1610 Corporate is a single-story office building built in 1982. The property offers 14,630 square feet of office space and is configured as one dedicated building for an owner-occupant or investment use.
The building is conveniently situated near President George Bush and John Carpenter Freeway along Corporate Court and Gateway Drive. Area amenities include Water Street, Toyota Music Factory, and the Irving Convention Center, providing a practical business setting for office users.
As a freestanding office asset, it presents a straightforward option for buyers seeking a consolidated, single-building office configuration.
The building is conveniently situated near President George Bush and John Carpenter Freeway along Corporate Court and Gateway Drive. Area amenities include Water Street, Toyota Music Factory, and the Irving Convention Center, providing a practical business setting for office users.
As a freestanding office asset, it presents a straightforward option for buyers seeking a consolidated, single-building office configuration.
Key Highlights
- Single‑story office building built in 1982
- 14,630 SF office building for sale
- Located near President George Bush and John Carpenter Freeway along Corporate Dr and Gateway Dr
Financial Insights For Office B
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 | $351.1k | $24.00 |
| − Vacancy | −$88.5k | −$6.05 |
| EGI | $262.6k | $17.95 |
| − OpEx | −$65.7k | −$4.49 |
| NOI | $197.0k | $13.46 |
14,630 SF · lease $24.00/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.28M
NOI $196,978 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.75M
$3.28M – $4.38M
NOI $262,638 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Club Technology
Electronics & Wireless Store
Vastika Health Inc.
Employment Agency
Yeti Technologies
Tech Support Center
Revolve Capital & Investment
Financial Advisor
Peak Performance Network
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office building - Single-story office building built in 1982, conveniently located near major Dallas-area freeways.
Where is this office building located?
The property is located at 1610 Corporate Court Irving, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Single‑story office building built in 1982; 14,630 SF office building for sale; Located near President George Bush and John Carpenter Freeway along Corporate Dr and Gateway Dr
