Office Building with Private
New
For Sale
$1,300,000
1415 E Belt Line Road, Carrollton, TX 75006
CommercialSale, Carrollton, TX
Property Size4,707 SF
Lot Size0.81 Acres
Price / SF$276.18
Days on Market5
Property Features for 1415 E Belt Line Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
commercial
Parking features
Parking Lot, Oversize
Security features
Security
Subdivision
Burney Mcclellan
Lot features
Corner Lot, Sprinkler System
Directions
North on I-35 to Belt Line Rd in Carrollton; Turn right on to Belt Line
Standard status
Active
APN
14006990010010000
Lot size
0.81 Acres
Taxes and HOA fees
Tax Description
BURNEY,MCCLELLAN BLK 1 LT 1 LESS ROW ACS 0.80
Tax Annual Amount
9492
Legal Description
BURNEY,MCCLELLAN BLK 1 LT 1 LESS ROW ACS 0.80
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
zoned HVAC
Building Details
Year built
1999
Floors in Building
2
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
Homes To Go Realty Services
Listed By:
Kim Walker · License #0426463
(972) 814-3679
Added: Sep 10
Changed: Sep 13
Last Checked: Sep 14 at 4:06AM
MLS# 21383411
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1999, this brick office building includes multiple large private offices, carpet and tile flooring, central heating and central air, and a composition roof. The property occupies 0.805 acres and includes an on-site parking lot with capacity for up to 20 vehicles, plus additional overflow parking. Public water and sewer serve the building.
The property is located at 1415 E Belt Line Road in Carrollton, near Historic Downtown Carrollton Square. DART rail and bus transportation are nearby, with apartments, restaurants, shops, and other businesses surrounding the site. The existing office configuration previously served a CPA practice and may suit professional office users, subject to independent verification of dimensions and local zoning requirements.
The property is located at 1415 E Belt Line Road in Carrollton, near Historic Downtown Carrollton Square. DART rail and bus transportation are nearby, with apartments, restaurants, shops, and other businesses surrounding the site. The existing office configuration previously served a CPA practice and may suit professional office users, subject to independent verification of dimensions and local zoning requirements.
Key Highlights
- 0.805‑acre office property at 1415 E Belt Line Road
- Multiple large private offices already configured
- On‑site parking for up to 20 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,305
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,166,100
$1.2M
Cap Rate 7%
$832,929
$832.9K
Cap Rate 9%
$647,833
$647.8K
Market Conditions
NOI Build-Up for 4,707 SF
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.
Gross rent
$103.9K $22.08/SF
− Vacancy
−$26.2K −$5.56/SF
EGI
$77.7K $16.52/SF
− OpEx
−$19.4K −$4.13/SF
NOI
$58.3K $12.39/SF
Area
Carrollton, TX
Vacancy
25.20%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,166,100
Cap Rate 7%
$832,929
Cap Rate 9%
$647,833
Alternative Uses
Best Use
Office B
$832.9K
$728.8K – $971.8K
NOI $58,305 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,062 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 75006, TX
47,811
Population
19,549
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
83%
High-School Grad
17.1 sq mi
ZIP Area
2,796
Density / Sq Mi
$79,466
Median Household Income
$43,403
Median Earnings
$1,528
Median Rent
$296,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Brick professional office property with private rooms, central HVAC, and parking for up to 20 vehicles.
Where is this office building located?
The property is located at 1415 E Belt Line Road Carrollton, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.805‑acre office property at 1415 E Belt Line Road; Multiple large private offices already configured; On‑site parking for up to 20 vehicles
