Grand Prairie Multi-Tenant Industrial
For Sale
Contact for pricing
Pending
2457 NW Dallas St, Grand Prairie, TX 75050
20,400 SF multi-tenant industrial asset on 1.84 acres.
Property Size20,400 SF
Lot Size1.84 Acres
Days on Market158
Property Features for 2457 NW Dallas St
General Information
Standard status
Pending
Size
20,400 SF
Class
B
Lot size
1.84 Acres
Property subtype
Industrial
Zoning
Light Industrial
Occupancy
100%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$21,000
Building Details
Year Built
1978
Tenancy
Multi
Listing Agency:
SVN | Trinity Advisors
Listed By:
Ivan del-Aguila · License #TX 0704342
(469) 815-4154
Source:
Crexi
Added: May 14
Changed: Oct 10
Last Checked: Oct 16 at 8:38AM
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 SVN | Trinity Advisors
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Investment Insights
Based on property information with market context.
This is a 20,400 SF multi-tenant small-bay industrial asset situated on 1.84 acres in Grand Prairie, Texas. The property features a mix of grade-level and dock-high loading. It has a clear height of 16'-17', supporting broad tenant demand across light industrial and service users. The property's efficient layout and central DFW location position the asset to capitalize on sustained demand for small-bay industrial product. There is a compelling mark-to-market and repositioning opportunity, with three of the four leases expiring in October and the remaining lease expiring in December, allowing new ownership to secure new tenancy and drive continued income growth in the near term.
Key Highlights
- 20,400 SF multi‑tenant small‑bay industrial asset.
- Located in Grand Prairie, Texas, in a central DFW location.
- Mix of grade‑level and dock‑high loading.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$213,857
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,277,140
$4.3M
Cap Rate 7%
$3,055,100
$3.1M
Cap Rate 9%
$2,376,189
$2.4M
Market Conditions
NOI Build-Up for 20,400 SF
Gross rent
$318.2K $15.60/SF
− Vacancy
−$12.7K −$0.62/SF
EGI
$305.5K $14.98/SF
− OpEx
−$91.7K −$4.49/SF
NOI
$213.9K $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%
$4,277,140
Cap Rate 7%
$3,055,100
Cap Rate 9%
$2,376,189
Alternative Uses
Best Use
Industrial
$3.06M
$2.67M – $3.56M
NOI $213,857 @ 7.0% cap · market cap 8.07%
Second Best
Flex RnD
$3.02M
$2.65M – $3.53M
NOI $211,630 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$5.74M
$5.02M – $6.69M
NOI $401,472 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
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
Check the figures for this property
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 - 20,400 SF multi-tenant industrial asset on 1.84 acres.
Where is this flex space located?
The property is located at 2457 NW Dallas St Grand Prairie, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 20,400 SF multi‑tenant small‑bay industrial asset.; Located in Grand Prairie, Texas, in a central DFW location.; Mix of grade‑level and dock‑high loading.
