Warehouse with Grade-Level
New
For Sale
$874,900
1305 Jelmak Street, Grand Prairie, TX 75050
Versatile warehouse with office space, grade-level loading, and a yard and parking area for service, distribution, or manufacturing uses.
Property Size7,350 SF
Price / SF$119.03
Days on Market3
Property Features for 1305 Jelmak Street
General Information
Standard status
Active
Size
7,350 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Building Details
Year Built
1995
Listing Agency:
Bridgepoint Residential LLC
(214) 212-6686
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 5:08AM
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 Bridgepoint Residential LLC
Investment Insights
Based on property information with market context.
This warehouse at 1305 Jelmak Street offers a versatile industrial layout for warehouse, distribution, manufacturing, or service-oriented operations. The property includes warehouse space and office space, along with grade-level loading capabilities. Generous yard and parking areas support a variety of business needs, from deliveries and staging to day-to-day operations.
The location provides convenient access to major regional transportation corridors, including Interstate 30 and Highway 360. That connectivity is designed to support efficient movement of goods and personnel across the Dallas-Fort Worth area.
Built in 1995, the property provides an established industrial facility configuration with functional flexibility for tenants seeking straightforward warehouse and loading capability, plus dedicated office space for administrative needs.
The location provides convenient access to major regional transportation corridors, including Interstate 30 and Highway 360. That connectivity is designed to support efficient movement of goods and personnel across the Dallas-Fort Worth area.
Built in 1995, the property provides an established industrial facility configuration with functional flexibility for tenants seeking straightforward warehouse and loading capability, plus dedicated office space for administrative needs.
Key Highlights
- Warehousing/distribution/manufacturing/service uses with versatile industrial layout
- Warehouse space plus office space
- Grade‑level loading capabilities
Financial Insights For Industrial
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 | $114.7k | $15.60 |
| − Vacancy | −$4.6k | −$0.62 |
| EGI | $110.1k | $14.98 |
| − OpEx | −$33.0k | −$4.49 |
| NOI | $77.1k | $10.48 |
7,350 SF · lease $15.60/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,433 @ 7.0% cap · market cap 10.34%
Second Best
Industrial
$1.10M
$963.2K – $1.28M
NOI $77,052 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,648 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75050, TX
43,531
Population
17,286
Households
2.5
Avg Household Size
33
Median Age
23%
College-Educated
79%
High-School Grad
25.8 sq mi
ZIP Area
1,687
Density / Sq Mi
$70,484
Median Household Income
$39,322
Median Earnings
$1,412
Median Rent
$224,400
Median Home Value
Market
Properties on Market for Warehouses in Dallas County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- APL Logistics Whse Management Services — 510 W Trinity Blvd, Grand Prairie, TX 75050
- Paccar Consolidation — #100, Grand Prairie, TX 75050
- Case Stack Warehouse — 3450 Roy Orr Blvd, Grand Prairie, TX 75050
Frequently Asked Questions
What type of property is this?
Warehouse - Versatile warehouse with office space, grade-level loading, and a yard and parking area for service, distribution, or manufacturing uses.
Where is this warehouse located?
The property is located at 1305 Jelmak Street Grand Prairie, TX.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Warehousing/distribution/manufacturing/service uses with versatile industrial layout; Warehouse space plus office space; Grade‑level loading capabilities
