Medical Office Suite with Existing
For Sale
$345,000
2840 Keller Springs Road #1201, Carrollton, TX 75006
Configured for patient-facing operations with reception, private rooms, support space, and an ADA-accessible restroom.
Property Size1,170 SF
Price / SF$294.87
Days on Market56
Property Features for 2840 Keller Springs Road #1201
General Information
Standard status
Active
Size
1,170 SF
Property subtype
Office
Building Details
Year Built
2004
Listing Agency:
EXP REALTY
(888) 519-7431
Listed By:
Xuan Song · License #0649843
(214) 769-9676
Source:
Lonestarluxuryrealty
Added: Aug 13
Changed: Oct 2
Last Checked: Oct 5 at 6:46PM
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 EXP REALTY
Investment Insights
Based on property information with market context.
Located at 2840 Keller Springs Road, Unit 1201, this 1,170-square-foot medical office suite offers an established interior configuration for professional use. The suite includes a reception area with lobby seating, four enclosed offices or treatment rooms, a dispensary or work area, a utility room, and an ADA-accessible restroom.
Built in 2004, the property combines patient-facing space with private rooms and administrative support areas in a compact layout. The existing improvements may support a faster transition for an incoming occupant, subject to applicable zoning and use requirements. The suite’s configuration is suitable for medical, dental, chiropractic, wellness, therapy, beauty, esthetic, or other professional office applications where permitted.
Built in 2004, the property combines patient-facing space with private rooms and administrative support areas in a compact layout. The existing improvements may support a faster transition for an incoming occupant, subject to applicable zoning and use requirements. The suite’s configuration is suitable for medical, dental, chiropractic, wellness, therapy, beauty, esthetic, or other professional office applications where permitted.
Key Highlights
- 1,170‑square‑foot medical office suite at 2840 Keller Springs Road, Unit 1201
- Four private offices or treatment rooms
- Reception area with lobby‑waiting space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,680
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,600
$333.6K
Cap Rate 7%
$238,286
$238.3K
Cap Rate 9%
$185,333
$185.3K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$31.6K $27.00/SF
− Vacancy
−$3.8K −$3.24/SF
EGI
$27.8K $23.76/SF
− OpEx
−$11.1K −$9.50/SF
NOI
$16.7K $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%
$333,600
Cap Rate 7%
$238,286
Cap Rate 9%
$185,333
Alternative Uses
Best Use
Healthcare Medical
$238.3K
$208.5K – $278.0K
NOI $16,680 @ 7.0% cap · market cap 4.83%
Second Best
Office B
$207.0K
$181.2K – $241.6K
NOI $14,493 @ 7.0% cap · market cap 4.20%
Theoretical Best
Specialty Retail
$287.8K
$251.9K – $335.8K
NOI $20,149 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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- Noah's Ark Pet Hospital — 2155 Marsh Ln Ste 106, Carrollton, TX 75006
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for patient-facing operations with reception, private rooms, support space, and an ADA-accessible restroom.
Where is this medical office space located?
The property is located at 2840 Keller Springs Road #1201 Carrollton, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,170‑square‑foot medical office suite at 2840 Keller Springs Road, Unit 1201; Four private offices or treatment rooms; Reception area with lobby‑waiting space
