Versatile Office and Creative
For Sale
Contact for pricing
1380 River Bend Drive Ste 145, Dallas, TX 75247
For sale building with flexible layout suitable for office and creative or loft use.
Property Size2,302 SF
Price / SF$0.01
Days on Market189
Property Features for 1380 River Bend Drive Ste 145
General Information
Standard status
Active
Size
2,302 SF
Site & Location
Neighborhood
Stemmons Corridor
Listing Agency:
Engvest Group - eXp Commercial
Listed By:
Collin Hu | CCIM · License #02184254
(206) 303-0779
Source:
Expcommercial
Added: Apr 20
Changed: Oct 24
Last Checked: Oct 24 at 1:24PM
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 Engvest Group - eXp Commercial
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Investment Insights
Based on property information with market context.
This for-sale property is a 2,302 SF building at 1380 River Bend Drive, Ste 145 in Dallas, TX 75247. The space is described as having a versatile layout intended to support a range of business uses, including office and creative or loft utilization. The listing also notes the property is equipped with modern amenities, which can help streamline day-to-day operations for an incoming tenant or owner-operator.
The building is positioned in the Dallas area and presented as ready for occupancy. It is marketed as an adaptable option for businesses looking for a single structure that can accommodate different working styles, rather than a highly specialized buildout.
In practical terms, this setup is best suited for companies seeking a flexible indoor footprint for office functions and creative or loft-style workflows. Because the offering emphasizes adaptability and readiness for use, it may be a strong fit for an owner considering an occupant-driven repositioning or for a business that values a layout that can support multiple operating needs. Interested parties should review the property details during due diligence to confirm specific fit for their space requirements and operating standards.
The building is positioned in the Dallas area and presented as ready for occupancy. It is marketed as an adaptable option for businesses looking for a single structure that can accommodate different working styles, rather than a highly specialized buildout.
In practical terms, this setup is best suited for companies seeking a flexible indoor footprint for office functions and creative or loft-style workflows. Because the offering emphasizes adaptability and readiness for use, it may be a strong fit for an owner considering an occupant-driven repositioning or for a business that values a layout that can support multiple operating needs. Interested parties should review the property details during due diligence to confirm specific fit for their space requirements and operating standards.
Key Highlights
- Building for sale at 1380 River Bend Drive, Dallas, TX 75247
- 2,302 SF building with a flexible layout for office and creative or loft use
- Versatile space designed to accommodate a range of businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,345
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,646,900
$2.6M
Cap Rate 7%
$1,890,643
$1.9M
Cap Rate 9%
$1,470,500
$1.5M
Market Conditions
NOI Build-Up for 2,302 SF
Gross rent
$235.9K $102.48/SF
− Vacancy
−$59.4K −$25.82/SF
EGI
$176.5K $76.66/SF
− OpEx
−$44.1K −$19.16/SF
NOI
$132.3K $57.49/SF
Area
Dallas, TX
Vacancy
25.20%
Lease Rate
$102.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,646,900
Cap Rate 7%
$1,890,643
Cap Rate 9%
$1,470,500
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.21M
NOI $132,345 @ 7.0% cap · market cap 661,725.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.76M
$2.42M – $3.22M
NOI $193,355 @ 7.0% cap · market cap 966,775.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,308
Businesses Nearby
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Business Placement
Demographics for 75247, TX
830
Population
338
Households
2.5
Avg Household Size
51
Median Age
10%
College-Educated
72%
High-School Grad
6.6 sq mi
ZIP Area
126
Density / Sq Mi
$20,274
Median Household Income
$8,500
Median Earnings
$1,218
Median Rent
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Dallas, TX
Frequently Asked Questions
What type of property is this?
Office building - For sale building with flexible layout suitable for office and creative or loft use.
Where is this office building located?
The property is located at 1380 River Bend Drive Ste 145 Dallas, TX.
What are key features of this property?
This property features: Building for sale at 1380 River Bend Drive, Dallas, TX 75247; 2,302 SF building with a flexible layout for office and creative or loft use; Versatile space designed to accommodate a range of businesses
