2908 E 11th Street Dallas, TX 75203
2908 E 11th Street, Dallas, TX, 75203
$1,050,000
For Sale
$1,050,000
Office buildings
Property Size5,070 SF
Lot Size0.44 Acres
Price / SF$207.10
Days on Market91
Property Features for 2908 E 11th Street
General Information
- Standard status
- Active
- Size
- 5,070 SF
- Lot size
- 0.44 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
M&D CRE, LLC
(469) 757-6132
Listed by
Shane Hendrix · License #0776260
Source
Signaturere
Added: Apr 22 Updated: Jul 21 at 6:21AM Checked: Jul 21 at 6:21AM
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 M&D CRE, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- 2‑story commercial building built in 1968 offering 5,070 SF of flexible office/retail space
- 0.444‑acre site located about 3 miles from Downtown Dallas
- First floor includes open reception area, reception desk, 3 private offices, conference room/open workstation space, storage, restroom, and breakroom
Local Financial Insights For Healthcare Medical
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 | $121.7k | $24.00 |
| − Vacancy | −$12.2k | −$2.40 |
| EGI | $109.5k | $21.60 |
| − OpEx | −$43.8k | −$8.64 |
| NOI | $65.7k | $12.96 |
5,070 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$4.16M
$3.64M – $4.86M
NOI $291,481 @ 7.0% cap · market cap 27.76%
Second Best
Healthcare Medical
$938.7K
$821.3K – $1.10M
NOI $65,707 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$6.08M
$5.32M – $7.10M
NOI $425,851 @ 7.0% cap · market cap 40.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
1st Aid Accident ...
Medical Clinic
Vickie’s Beauty Supply ...
Cosmetic Store
Representative Barbara Mallory
State Government Office
Legendary Ink
Tattoo & Piercing Shop
Glinda Hair Mixon
Hair Salon
Similar For Sale Nearby
FAQs
Where is this office building located?
The property is located at 2908 E 11th Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2‑story commercial building built in 1968 offering 5,070 SF of flexible office/retail space; 0.444‑acre site located about 3 miles from Downtown Dallas; First floor includes open reception area, reception desk, 3 private offices, conference room/open workstation space, storage, restroom, and breakroom
