Carrollton Former Childcare Building
1935 Old Denton Road Carrollton, TX 75006
For Sale
$1,150,000
Former childcare building with classrooms, offices, and playground.
Property Size4,900 SF
Price / SF$234.69
Days on Market95
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
(972) 804-0742
Listed By:
Neal Agrawal · License #0589239
(972) 804-0742
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
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
NOI $84,386 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wisdom Academy
High School
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
FAQs
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.)
