Balch Springs Industrial
For Sale
Contact for pricing
10936 Martin Street, Balch Springs, TX 75180
17,950 SF industrial building with secure yard for sale.
Property Size17,950 SF
Price / SF$97.49
Days on Market299
Property Features for 10936 Martin Street
General Information
Standard status
Active
Size
17,950 SF
Property subtype
Industrial
Zoning
I
Investment Type
Owner/User
Building Details
Buildings
2
Units
2
Listing Agency:
At Properties Christie's Int'l
(972) 589-1519
Listed By:
Yesenia Torres · License #0702819
Source:
Crexi
Added: Nov 3, 2025
Changed: Aug 20
Last Checked: Aug 29 at 8:44AM
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 At Properties Christie's Int'l
Investment Insights
Based on property information with market context.
This 17,950 square foot industrial facility is located in Balch Springs. The property features high ceilings ranging from 12 to 20 feet. It includes both dock-high and grade-level doors. The lot is fully fenced, providing a secure yard. This property is suited for warehousing, distribution, or service operations. The surrounding area has strong demographics, with a projected population of 283,390 and an average household income of $79,903 within a 5-mile radius as of 2025. The site offers notable exposure and access, presenting an opportunity for either an owner-user or an investor.
Key Highlights
- Core Balch Springs location with notable exposure and access.
- 17,950 SF industrial building on a fully fenced lot.
- High ceilings (12’–20’) suitable for various operations.
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
$112,989
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
6.46%
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%
$2,259,780
$2.3M
Cap Rate 7%
$1,614,129
$1.6M
Cap Rate 9%
$1,255,433
$1.3M
Market Conditions
NOI Build-Up for 17,950 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
$145.8K $8.12/SF
− Vacancy
−$12.8K −$0.71/SF
EGI
$132.9K $7.41/SF
− OpEx
−$19.9K −$1.11/SF
NOI
$113.0K $6.29/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
15.00%
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%
$2,259,780
Cap Rate 7%
$1,614,129
Cap Rate 9%
$1,255,433
Alternative Uses
Best Use
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,989 @ 7.0% cap · market cap 6.46%
Second Best
Industrial
$1.33M
$1.16M – $1.55M
NOI $93,049 @ 7.0% cap · market cap 5.32%
Theoretical Best
Multifamily LT 5
$215.16M
$188.27M – $251.02M
NOI $15,061,226 @ 7.0% cap · market cap 860.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75180, TX
26,860
Population
9,238
Households
2.9
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.8 sq mi
ZIP Area
3,444
Density / Sq Mi
$70,695
Median Household Income
$39,793
Median Earnings
$1,249
Median Rent
$208,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 17,950 SF industrial building with secure yard for sale.
Where is this warehouse located?
The property is located at 10936 Martin Street Balch Springs, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Core Balch Springs location with notable exposure and access.; 17,950 SF industrial building on a fully fenced lot.; High ceilings (12’–20’) suitable for various operations.
