Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Flex Space in Carrollton Title is generated by Realmo AI

    2532-2542 Highlander Way Carrollton, Carrollton, TX 75006

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Adaptable flex space in Carrollton, customizable to suit business needs.

    Type:Industrial
    Property size:
    60 SF
    Added:
    Sep 10, 2025
    Days on Market:
    269
    Last Refresh:
    May 8 at 10:07 pm

    Property Features for 2532-2542 Highlander Way Carrollton

    General Information

    Standard status
    Active
    Size
    60 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1999

    Spaces For Lease

    at 2532-2542 Highlander Way Carrollton Contact us

    We can help!

    Listing Contact
    Jessica Reinhardt
    Jessica Reinhardt

    Listing agent Jessica Reinhardt License #471877

    Listing office Lee & Associates | Dallas/Fort Worth

    Listing date Sep 10, 2025

    Source Lee-associates

    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 Lee & Associates | Dallas/Fort Worth

    HighLights

    • Versatile flex space adaptable to various business needs.
    • Option to modify existing office space to increase warehouse area.
    • Customizable layout to create the ideal business setup.
    • Landlord open to discussing and implementing custom modifications.
    • Opportunity to walk the space and discuss options.
    • Property built in 1999.

    Overview

    Located in Carrollton, this flex space at Highlander offers versatile options, allowing for adjustments to the existing office buildout to better accommodate specific business requirements. The property provides the flexibility to modify the space, whether the need is for more warehouse area, less office space, or a different configuration altogether. The landlord is open to working with potential tenants to create a suitable setup. The property has a size of 60 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Chef Cassy's Creations — 207 E.Market St, Mabank, TX 75147

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Denton
    State
    Texas
    Longitude
    -96.8452
    Latitude
    32.9852

    Nearby Similar for Lease

    • $2,660/Mo

      Professional Office Suites for Lease

      Two well-appointed office suites with private offices, reception, kitchenette, restroom, and ample parking.
      4425 Plano Parkway, Carrollton, TX 75010
      View Details
    • $2,500/Mo

      Built-Out Office Suite with Reception

      Fully built-out suite offers a reception area, four offices, kitchen, and restroom with convenient parking access.
      4425 Plano Parkway, Carrollton, TX 75010
      View Details
    • $600/Mo

      Move-In Ready Professional Office

      Clean, modern office layout with private offices, built-in storage, and natural light for client-facing or administrative operations.
      1500 E Belt Line Road E, Carrollton, TX 75006
      View Details
    • $26 SF/Yr
      1,670 SF

      Shell Space with High Ceilings

      Flexible open shell with high visibility and highway access, suited for a wide range of retail, office, and service concepts.
      4116 SH 121, Carrollton, TX 75010
      View Details
    • $15 SF/Yr

      Executive Office Suites with Signage

      Move-in ready, newly refreshed suites in a professional office building with conference space and strong street visibility.
      3724 Old Denton Road, Carrollton, TX 75007
      View Details
    • $2,673/Mo
      1,228 SF

      Turnkey Office Suite with Reception

      Fully built-out suite includes reception, four offices, kitchen, and private restroom with ample parking for client visits.
      4425 Plano Parkway #703, Carrollton, TX 75010
      View Details
    • $20 SF/Yr

      Two-Story Office Building

      Move-in ready executive suites and conference rooms suited for medical, insurance, or general offices.
      4100 Medical Parkway, Carrollton, TX 75007
      View Details
    • $4,895/Mo

      Professional Office Suite

      Lease a suite on Old Denton Road for professional or administrative use in an established commercial corridor.
      2324 Old Denton Road, Carrollton, TX 75006
      View Details
    • $600/Mo

      Professional Office Space Available

      Functional office space with modern flooring, ready for occupancy.
      1500 E Belt Line Road E, Carrollton, TX 75006
      View Details
    • $21 SF/Yr

      Premier Commercial Property in Carrollton

      Modern commercial space with customizable layouts and ample parking.
      4100 Fairway Court, Carrollton, TX 75010
      View Details
    • Contact for pricing
      1,846 SF

      Office Space with Modern Amenities

      Office space for rent with convenient location and modern amenities.
      4100 Midway Rd, Carrollton, TX 75093
      View Details
    • Contact for pricing
      3,302 SF

      Office Space with Tollway Access

      Office space with immediate access to Dallas North Tollway.
      4100 International Pkwy, Carrollton, TX 75007
      View Details

    FAQs

    What type of property is this?
    Flex space - Adaptable flex space in Carrollton, customizable to suit business needs.
    Where is this flex space located?
    The property is located at 2532-2542 Highlander Way Carrollton Carrollton, TX.
    What are key features of this property?
    This property features: Versatile flex space adaptable to various business needs.; Option to modify existing office space to increase warehouse area.; Customizable layout to create the ideal business setup.
    (972) 891-5236
    We can help!
    Listing Contact
    Jessica Reinhardt
    Jessica Reinhardt
    Real Estate License ID: 471877
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2532-2542 Highlander Way | Carrollton, TX 75006, TX 75006
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!