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Property profile & analytics
FOR SALE
Showrooms

13460 Midway Rd Dallas, TX 75244

15,544 SF 1.05 ac lot Built 1974
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2735025
Property summary
AI-generated overview

This exceptional three-story office building, totaling 11,973 square feet, presents a unique investment opportunity in Elkhart County. Constructed in 1967 and meticulously maintained, the property is in excellent condition, offering a turnkey solution for immediate occupancy. The building sits on a 0.68-acre lot and provides ample parking, a significant advantage for businesses requiring high client or employee traffic. The flexible layout caters to diverse needs, featuring private offices, modern conference rooms, collaborative open areas, and comfortable break rooms. With a minimum divisible space of 3,991 square feet, the building is ideal for a single tenant seeking a substantial space or multiple tenants seeking smaller units. The current vacancy of the entire 11,973 square feet allows for complete customization and immediate occupancy. The multi-tenant potential offers an owner-occupancy option, allowing for the generation of rental income while simultaneously utilizing a portion of the building. This versatile property is well-suited for a variety of businesses seeking a well-maintained, conveniently located, and adaptable workspace in a thriving Elkhart County market. The building's traditional office space, executive office suites, and coworking potential provide a wide range of options for prospective tenants. This is a rare opportunity to acquire a well-positioned, high-quality office building with significant upside potential.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1974
Construction TILT-UP CONCRETE
Total area 15,544 SF
Lot 1.05 ac (45,738 SF)
Zoning code Z123
APN 24127500010020000
UPID US82-2735025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$631k
Blend (final) Blend
$680k
Owner & transaction history
Rm Farmers Branch LLC · 5 yrs held
Rm Farmers Branch LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Z123 · Farmers Branch, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $920,000 +88.2%
Apartment house (5+ units) $720,000 +46.9%
Industrial (general) $530,000 +8.8%
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