Mixed-Use Retail
2712 Romine Ave Dallas, TX 75215
2712 Romine Ave, Dallas, TX, 75215
$600,000
For Sale
$600,000
Vacant mixed-use building with about half walk-up street retail and half warehouse/storage suitable for auto use.
Property Size4,566 SF
Price / SF$131.41
Days on Market27
Property Features for 2712 Romine Ave
General Information
- Standard status
- Active
- Size
- 4,566 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Wingert Real Estate
(214) 675-7583
Listed by
Jason Wingert · License #0589167
Source
Wingertrealestate
Added: Jun 25 Updated: Jul 20 at 7:05PM Checked: Jul 21 at 4:21AM
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 Wingert Real Estate
Investment Insights
Based on property information with market context.
This vacant mixed-use property includes approximately half walk-up street retail space and approximately half warehouse area intended for storage or auto use. The building offers flexibility for a variety of operating models within a single, combined footprint, including retail convenience concepts or an auto repair use as a possible fit.
Set on a hard corner lot in the urban core and within walking distance of Downtown Dallas, the property is positioned in a dense neighborhood with heavy traffic.
The space presents a practical owner-user option to control the mix of street-facing retail and rear warehouse/storage operations.
Set on a hard corner lot in the urban core and within walking distance of Downtown Dallas, the property is positioned in a dense neighborhood with heavy traffic.
The space presents a practical owner-user option to control the mix of street-facing retail and rear warehouse/storage operations.
Key Highlights
- 4,566 SF mixed‑use building (about 50% walk‑up street retail and 50% warehouse/storage)
- Vacant property with hard corner lot
- Year built 1950
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.5k | $15.00 |
| − Vacancy | −$6.8k | −$1.50 |
| EGI | $61.6k | $13.50 |
| − OpEx | −$21.6k | −$4.73 |
| NOI | $40.1k | $8.78 |
4,566 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$1.05M
$918.4K – $1.22M
NOI $73,469 @ 7.0% cap · market cap 12.24%
Second Best
Flex RnD
$572.4K
$500.8K – $667.8K
NOI $40,067 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$5.48M
$4.79M – $6.39M
NOI $383,518 @ 7.0% cap · market cap 63.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sports Services Complex
Barber Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Sassy Sisters Soul Food — 3518 Spring Ave, Dallas, TX 75210
- Smashin Dishes — 3615 hamilton ave, dallas, tx 75210
FAQs
What type of property is this?
Flex space - Vacant mixed-use building with about half walk-up street retail and half warehouse/storage suitable for auto use.
Where is this flex space located?
The property is located at 2712 Romine Ave Dallas, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,566 SF mixed‑use building (about 50% walk‑up street retail and 50% warehouse/storage); Vacant property with hard corner lot; Year built 1950
