Grand Prairie Flex Industrial
For Sale
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2454 NW Dallas St, Grand Prairie, TX 75050
8,528 SF flex industrial building in Grand Prairie, Texas.
Property Size8,528 SF
Lot Size0.46 Acres
Price / SF$146.58
Days on Market211
Property Features for 2454 NW Dallas St
General Information
Standard status
Active
Size
8,528 SF
Lot size
0.46 Acres
Property subtype
Industrial
Zoning
Light Industrial
Investment Type
Owner/User
Building Details
Year Built
1978
Buildings
2
Stories
1
Listing Agency:
Evolve Real Estate
Listed By:
MICHAEL GONZALEZ · License #486448
(281) 907-6339
Source:
Crexi
Added: Mar 19
Changed: Oct 10
Last Checked: Oct 14 at 11:41PM
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 Evolve Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex industrial building is located in Grand Prairie, Texas. It features 8,528 square feet of space situated on approximately 0.46 acres within the Dalworth Hills Subdivision, specifically Block 3, Lots 25–27. The property is suitable for either an owner/user or as an investment opportunity.
Key Highlights
- Flex industrial building
- Located in Grand Prairie, TX
- 8,528 SF of space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,401
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,788,020
$1.8M
Cap Rate 7%
$1,277,157
$1.3M
Cap Rate 9%
$993,344
$993.3K
Market Conditions
NOI Build-Up for 8,528 SF
Gross rent
$133.0K $15.60/SF
− Vacancy
−$5.3K −$0.62/SF
EGI
$127.7K $14.98/SF
− OpEx
−$38.3K −$4.49/SF
NOI
$89.4K $10.48/SF
Area
Grand Prairie, TX
Vacancy
4.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,788,020
Cap Rate 7%
$1,277,157
Cap Rate 9%
$993,344
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,401 @ 7.0% cap · market cap 7.15%
Second Best
Flex RnD
$1.26M
$1.11M – $1.47M
NOI $88,469 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,831 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75050, TX
43,531
Population
17,286
Households
2.5
Avg Household Size
33
Median Age
23%
College-Educated
79%
High-School Grad
25.8 sq mi
ZIP Area
1,687
Density / Sq Mi
$70,484
Median Household Income
$39,322
Median Earnings
$1,412
Median Rent
$224,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CHEF STEVEN HODGE — 1830 Beaumont St, Grand Prairie, TX 75051
- SPUD KINGS | GOURMET BAKED POTATOES — 1830 Beaumont St, Grand Prairie, TX 75051
- Chef Steven's Catering — 1830 Beaumont St, Grand Prairie, TX 75051
Frequently Asked Questions
What type of property is this?
Flex space - 8,528 SF flex industrial building in Grand Prairie, Texas.
Where is this flex space located?
The property is located at 2454 NW Dallas St Grand Prairie, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Flex industrial building; Located in Grand Prairie, TX; 8,528 SF of space
