Industrial-Flex Space with
For Sale
Contact for pricing
2603 Southwell Road, Dallas, TX 75229
Functional warehouse and office configuration includes HVAC, a restroom, and roll-up door access.
Property Size15,920 SF
Price / SF$0.00
Days on Market101
Property Features for 2603 Southwell Road
General Information
Standard status
Active
Size
15,920 SF
Property subtype
Warehouse
Building Details
Year Built
1985
Listing Agency:
Beam Real Estate, LLC
(972) 484-6644
Listed By:
Mani Jacob · License #0480204
(214) 244-3332
Source:
Lonestarluxuryrealty
Added: Jul 8
Changed: Oct 15
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 Beam Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 3,000-square-foot industrial-flex space combines warehouse and office areas within a functional commercial layout. The office component includes HVAC, while the property also provides a restroom and roll-up door access for operational convenience. Built in 1985, the property is positioned in Northwest Dallas with access to major highways and business corridors.
Key Highlights
- 3,000 SF industrial‑flex space
- Combined warehouse and office areas
- Office area equipped with HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,768
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,815,360
$1.8M
Cap Rate 7%
$1,296,686
$1.3M
Cap Rate 9%
$1,008,533
$1.0M
Market Conditions
NOI Build-Up for 15,920 SF
Gross rent
$143.3K $9.00/SF
− Vacancy
−$13.6K −$0.86/SF
EGI
$129.7K $8.15/SF
− OpEx
−$38.9K −$2.44/SF
NOI
$90.8K $5.70/SF
Area
Dallas, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,815,360
Cap Rate 7%
$1,296,686
Cap Rate 9%
$1,008,533
Alternative Uses
Best Use
Office B
$13.08M
$11.44M – $15.25M
NOI $915,261 @ 7.0% cap · market cap 7,627,175.00%
Second Best
Flex RnD
$2.00M
$1.75M – $2.33M
NOI $139,698 @ 7.0% cap · market cap 1,164,150.00%
Theoretical Best
Office A
$19.10M
$16.71M – $22.29M
NOI $1,337,188 @ 7.0% cap · market cap 11,143,233.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,080
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75229, TX
33,168
Population
12,542
Households
2.6
Avg Household Size
37
Median Age
50%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
2,675
Density / Sq Mi
$121,381
Median Household Income
$52,169
Median Earnings
$1,522
Median Rent
$598,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Dallas, TX
Similar Off Market Nearby
- Great Endings Inc — 2433 Walnut Ridge St, Dallas, TX 75229
- Goodhart Coffee Catering of Dallas Fort Worth (DFW) — 2570 Southwell Rd, Dallas, TX 75229
- Totally Dvine — 11311 Harry Hines Blvd, Dallas, TX 75229, United States
- 9 Rabbits Bakery — 2546 Royal Ln, Dallas, TX 75229
Frequently Asked Questions
What type of property is this?
Flex space - Functional warehouse and office configuration includes HVAC, a restroom, and roll-up door access.
Where is this flex space located?
The property is located at 2603 Southwell Road Dallas, TX.
What are key features of this property?
This property features: 3,000 SF industrial‑flex space; Combined warehouse and office areas; Office area equipped with HVAC
