Two-Unit Building with
13550 Vargon Street Dallas, TX 75243
For Sale
$2,250,000
Two-unit building featuring office and warehouse spaces, mechanic shop tenant.
Property Size7,920 SF
Price / SF$284.09
Days on Market96
Property Features for 13550 Vargon Street
General Information
- Standard status
- Active
- Size
- 7,920 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1979
Listing Agency:
Opportune Realty
(214) 662-1941
Listed By:
Ari Besefki · License #0655788
(214) 662-1941
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 3:48PM
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 Opportune Realty
Investment Insights
Based on property information with market context.
This property consists of a two-unit building, with each unit containing both office and warehouse areas. One of the units is currently leased to a mechanic shop. The other unit is occupied by the owner. The property is suitable for flex space, industrial, warehouse, office, auto shop, automotive, retail, and general commercial real estate uses. The total property size is 7920 square feet.
Key Highlights
- Two‑unit building offering dual income potential or owner‑user opportunity.
- Includes both office and warehouse spaces in each unit.
- One unit currently leased to a mechanic shop, providing immediate rental income.
Financial Insights For Flex RnD
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 | $142.6k | $18.00 |
| − Vacancy | −$14.3k | −$1.80 |
| EGI | $128.3k | $16.20 |
| − OpEx | −$44.9k | −$5.67 |
| NOI | $83.4k | $10.53 |
7,920 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.19M
$1.04M – $1.39M
NOI $83,398 @ 7.0% cap · market cap 3.71%
Second Best
Warehouse
$783.3K
$685.4K – $913.9K
NOI $54,832 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$8.67M
$7.59M – $10.11M
NOI $606,824 @ 7.0% cap · market cap 26.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
MASTER GARAGE AUTO ...
Auto Repair Shop
Auto Place
Auto Repair Shop
Similar Off Market Nearby
- B & P Snacks — 13440 T I Blvd #5, Dallas, TX 75243
- Naborly Provisions Catering — 13539 Vargon St, Dallas, TX 75243
- Brasserie Ridgewood — 614 Pine Valley, Dallas, TX 75243
- Dean's Catering & Pick Up — Dallas, TX 75243
- Fyah Suya — 911 spring valley plaza, richardson, tx 75080
FAQs
What type of property is this?
Flex space - Two-unit building featuring office and warehouse spaces, mechanic shop tenant.
Where is this flex space located?
The property is located at 13550 Vargon Street Dallas, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Two‑unit building offering dual income potential or owner‑user opportunity.; Includes both office and warehouse spaces in each unit.; One unit currently leased to a mechanic shop, providing immediate rental income.
