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Carrollton Former Childcare Building ForSale
For Sale
$1,150,000

1935 Old Denton Road, Carrollton, TX 75006

Former childcare building with classrooms, offices, and playground.

Property Size4,900 SF
Price / SF$234.69
Days on Market100

Property Features for 1935 Old Denton Road

General Information

Standard status Active
Size 4,900 SF
Property subtype Commercial

Building Details

Year Built 1985
Listing Agency: Crest Real Estate Advisors LLC
Listed By: Neal Agrawal · License #0589239
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 10 at 1:19PM

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 Crest Real Estate Advisors LLC

Investment Insights

Based on property information with market context.

The property is a former childcare building located in Carrollton, Texas, with convenient access to Highway 35 and the President George Bush Turnpike. The building features six classrooms, two offices, a reception area, and seven commodes. An outdoor playground area is also present. There are 16 parking spots available. The building was last licensed for a capacity of 90 children. Zoned Light Industrial with a Daycare Specific Use Permit (SUP), the building's potential uses include daycare, church, office space, manufacturing, massage therapy, and dry cleaning services. The property has a size of 4900 square feet. The inventory inside the building will be removed.

Key Highlights

  • Former childcare building with daycare SUP in place
  • Located just off Hwy 35 with easy access to Hwy 35 and PGB Turnpike
  • Zoned Light Industrial with multiple possible uses (Daycare, Church, Office, etc.)

Financial Insights For Office B

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 $108.2k $22.08
− Vacancy −$27.3k −$5.56
EGI $80.9k $16.52
− OpEx −$20.2k −$4.13
NOI $60.7k $12.39
4,900 SF · lease $22.08/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$867.1K
$758.7K – $1.01M (±1% cap)
NOI $60,696 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.05M – $1.41M (±1% cap)
NOI $84,386 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Wisdom Academy High School

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Nail Salon (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Ets — 1856 N I-35E, Carrollton, TX 75006
  • Daycare — 1200 E Jackson Rd, Carrollton, TX 75006
  • Rising Starz Child Care Center - A learning Center for children and families — 1200 E Jackson Rd bldg 1, Carrollton, TX 75006

Frequently Asked Questions

What type of property is this?
Day care center - Former childcare building with classrooms, offices, and playground.
Where is this day care center located?
The property is located at 1935 Old Denton Road Carrollton, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Former childcare building with daycare SUP in place; Located just off Hwy 35 with easy access to Hwy 35 and PGB Turnpike; Zoned Light Industrial with multiple possible uses (Daycare, Church, Office, etc.)
More about this property
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