Freestanding Warehouse with Office
For Sale
Contact for pricing
1942 N IH 35E, Carrollton, TX
Office/warehouse with air-conditioned space and drive-in capability, I-35E access.
Property Size8,342 SF
Lot Size0.35 Acres
Price / SF$251.74
Days on Market284
Property Features for 1942 N IH 35E
General Information
Standard status
Active
Size
8,342 SF
Lot size
0.35 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 1942 N IH 35E Contact us- Floor
- Bldg
- Size
- 8,342 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1942 N IH 35E
- This hard to find free-standing facility offers ~3,900 SF of office/warehouse with...
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Listing Agency:
Hudson Peters Commercial
(972) 980-1188
Listed By:
Tom Hudson · License #646683
(972) 762-8083
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Sep 4 at 10:38AM
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 Hudson Peters Commercial
Investment Insights
Based on property information with market context.
This freestanding facility offers approximately 3,900 square feet of office/warehouse space, including 1,900 square feet of air-conditioned warehouse area. An additional 2,500 square feet of warehouse space features drive-in capability. Located along I-35E, the property provides high visibility and convenient access, making it suitable for businesses requiring exposure and accessible transportation links. The building is situated in the Freeway Commercial District (FWY), which allows for retail, office, and light industrial uses, enhancing the property's versatility. The total property size is 8,342 square feet.
Key Highlights
- High visibility location along I‑35E with easy access.
- Approximately 1,900 SF of air‑conditioned warehouse space.
- Freeway Commercial District (FWY) zoning allows for retail, office, and light industrial use.
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
$63,914
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
3.04%
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%
$1,278,280
$1.3M
Cap Rate 7%
$913,057
$913.1K
Cap Rate 9%
$710,156
$710.2K
Market Conditions
NOI Build-Up for 8,342 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
$83.1K $9.96/SF
− Vacancy
−$7.9K −$0.95/SF
EGI
$75.2K $9.01/SF
− OpEx
−$11.3K −$1.35/SF
NOI
$63.9K $7.66/SF
Area
Carrollton, TX
Vacancy
9.50%
Lease Rate
$9.96 /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%
$1,278,280
Cap Rate 7%
$913,057
Cap Rate 9%
$710,156
Alternative Uses
Best Use
Warehouse
$913.1K
$798.9K – $1.07M
NOI $63,914 @ 7.0% cap · market cap 3.04%
Second Best
Industrial
$751.9K
$657.9K – $877.3K
NOI $52,635 @ 7.0% cap · market cap 2.51%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.39M
NOI $143,663 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 1707 S Interstate 35E, Carrollton, TX 75006
- Metroplex Self Storage — 1838 S Josey Ln, Carrollton, TX 75006
- Simply Self Storage Unit — 1702 Brake Dr, Carrollton, TX 75006
- Preferred Self Storage Unit — 1101 S Josey Ln, Carrollton, TX 75006
- Public Storage — 2200 E Belt Line Rd, Carrollton, TX 75006
Frequently Asked Questions
What type of property is this?
Warehouse - Office/warehouse with air-conditioned space and drive-in capability, I-35E access.
Where is this warehouse located?
The property is located at 1942 N IH 35E Carrollton, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: High visibility location along I‑35E with easy access.; Approximately 1,900 SF of air‑conditioned warehouse space.; Freeway Commercial District (FWY) zoning allows for retail, office, and light industrial use.
