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Connected Office Unit
For Sale
$400,000

2840 Keller Springs Road #202, Carrollton, TX 75006

Owner-occupied office unit with the option to purchase separately or together with the adjoining unit.

Property Size1,170 SF
Price / SF$341.88
Days on Market88

Property Features for 2840 Keller Springs Road #202

General Information

Standard status Active
Size 1,170 SF
Property subtype Office

Building Details

Year Built 2001
Owner Occupied Yes
Listing Agency: Goodloe Realty Services,Inc
Listed By: Tom Sowell · License #0318104
Source: Lonestarluxuryrealty
Added: Jul 30 Changed: Oct 1 Last Checked: Oct 24 at 5:58PM

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 Goodloe Realty Services,Inc

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Investment Insights

Based on property information with market context.

Office unit 202 offers 1,170 square feet within a commercial property built in 2001. The unit is owner occupied and connected to unit 201, creating the option to acquire either unit separately or both units together.

The property is located at 2840 Keller Springs Road in Carrollton, Texas. Unit 202 provides a flexible acquisition configuration for an owner-user seeking a standalone office unit or additional connected space.

Key Highlights

  • 1,170‑square‑foot office unit
  • Unit 202 is connected to unit 201
  • Units can be purchased separately or together

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,493
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,860 $289.9K
Cap Rate 7%
$207,043 $207.0K
Cap Rate 9%
$161,033 $161.0K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$25.8K $22.08/SF
− Vacancy
−$6.5K −$5.56/SF
EGI
$19.3K $16.52/SF
− OpEx
−$4.8K −$4.13/SF
NOI
$14.5K $12.39/SF
Area
Carrollton, TX
Vacancy
25.20%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,860
Cap Rate 7%
$207,043
Cap Rate 9%
$161,033

Alternative Uses

Best Use
Office B
$207.0K
$181.2K – $241.6K (±1% cap)
NOI $14,493 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$287.8K
$251.9K – $335.8K (±1% cap)
NOI $20,149 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

The Endodontic Specialists Dental Office Terralogic Solutions Inc. (Bike/Boat/Book/etc) Store XenWinGo Engineering Consultant Farmers Insurance Insurance Agency USA Consulting Inc Business Management Consultant

Suggested Use

Top Pick Law Firm Restaurant Nail Salon (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Owner-occupied office unit with the option to purchase separately or together with the adjoining unit.
Where is this office unit located?
The property is located at 2840 Keller Springs Road #202 Carrollton, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,170‑square‑foot office unit; Unit 202 is connected to unit 201; Units can be purchased separately or together
More about this property
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