Contiguous Office
New
For Sale
$575,000
2840 Keller Springs Road 1102, Carrollton, TX 75006
Two connected units provide a multi-office layout with a breakroom and recently painted interiors.
Property Size2,340 SF
Price / SF$245.73
Days on Market4
Property Features for 2840 Keller Springs Road 1102
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Office
Additional Details
Condition
Turnkey
Taxes and HOA fees
Annual Taxes
$6,319
Building Details
Building Size
2,340 SF
Year Built
2004
Listing Agency:
Lardner Group
Listed By:
Colin Lardner
(214) 282-3144
Source:
Lardnergroup
Added: Oct 26
Last Checked: Oct 26 at 2:40PM
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 Lardner Group
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Investment Insights
Based on property information with market context.
This 2,340-square-foot office condominium combines Units 1102 and 1103 as one contiguous space. The floor plan includes more than 8 private offices, several work areas, and a dedicated breakroom. Recent painting and carpeting are among the interior finishes, and natural light enters the suite. The building was constructed in 2004.
The property is at 2840 Keller Springs Road in Carrollton, Texas, in an area described as having shops, dining, and everyday amenities nearby.
The property is at 2840 Keller Springs Road in Carrollton, Texas, in an area described as having shops, dining, and everyday amenities nearby.
Key Highlights
- 2,340‑square‑foot office condominium comprising connected Units 1102 and 1103
- More than 8 private offices, multiple work areas, and a dedicated breakroom
- Recently painted interior with carpeting and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,359
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,180
$667.2K
Cap Rate 7%
$476,557
$476.6K
Cap Rate 9%
$370,656
$370.7K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$63.2K $27.00/SF
− Vacancy
−$7.6K −$3.24/SF
EGI
$55.6K $23.76/SF
− OpEx
−$22.2K −$9.50/SF
NOI
$33.4K $14.26/SF
Area
Carrollton, TX
Vacancy
12.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,180
Cap Rate 7%
$476,557
Cap Rate 9%
$370,656
Alternative Uses
Best Use
Healthcare Medical
$476.6K
$417.0K – $556.0K
NOI $33,359 @ 7.0% cap · market cap 5.80%
Second Best
Office B
$414.1K
$362.3K – $483.1K
NOI $28,985 @ 7.0% cap · market cap 5.04%
Theoretical Best
Specialty Retail
$575.7K
$503.7K – $671.7K
NOI $40,299 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
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Business Placement
Demographics for 75006, TX
47,811
Population
19,549
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
83%
High-School Grad
17.1 sq mi
ZIP Area
2,796
Density / Sq Mi
$79,466
Median Household Income
$43,403
Median Earnings
$1,528
Median Rent
$296,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two connected units provide a multi-office layout with a breakroom and recently painted interiors.
Where is this office unit located?
The property is located at 2840 Keller Springs Road 1102 Carrollton, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,340‑square‑foot office condominium comprising connected Units 1102 and 1103; More than 8 private offices, multiple work areas, and a dedicated breakroom; Recently painted interior with carpeting and natural light
