Live-Work Loft with 30-Foot
New
For Sale
Contact for pricing
3012 Canton Street, Dallas, TX 75226
Flexible open-plan space pairs a business setting with an upstairs bedroom, full kitchen, and two full bathrooms.
Property Size3,307 SF
Price / SF$1.21
Days on Market4
Property Features for 3012 Canton Street
General Information
Standard status
Active
Size
3,307 SF
Property subtype
Business
Site & Location
Neighborhood
Deep Ellum
Additional Details
Office Units
2
Property Use
Creative Commercial Space
Amenities
private entry patio
garden
Building Details
Year Built
1940
Listing Agency:
RE/MAX Premier
(972) 991-1616
Listed By:
Kyle Gunter · License #0457685
(214) 675-5953
Source:
Momentusrealestategroup
Added: Oct 29
Last Checked: Oct 29 at 7:10AM
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 RE/MAX Premier
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Investment Insights
Based on property information with market context.
This 3,307-square-foot live-work property in Dallas includes two separate units, with the option to combine them. Interior features include 30-foot ceilings, exposed beams and rafters, brick walls, polished concrete floors, and large windows. Each unit has an open floor plan, an upstairs bedroom, a full kitchen, two full bathrooms, and a private entry patio and garden. A shared garage serves the property.
Built in 1940, the property is on Canton Street in the Deep Ellum neighborhood. The lease structure is NNN, and commercial use is subject to applicable approvals.
Built in 1940, the property is on Canton Street in the Deep Ellum neighborhood. The lease structure is NNN, and commercial use is subject to applicable approvals.
Key Highlights
- Two separate units, with the option to combine
- 3,307 square feet; 30‑foot ceilings
- Each unit has an upstairs bedroom, full kitchen, and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,652
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,040
$873.0K
Cap Rate 7%
$623,600
$623.6K
Cap Rate 9%
$485,022
$485.0K
Market Conditions
NOI Build-Up for 3,307 SF
Gross rent
$79.4K $24.00/SF
− Vacancy
−$9.5K −$2.88/SF
EGI
$69.8K $21.12/SF
− OpEx
−$26.2K −$7.92/SF
NOI
$43.7K $13.20/SF
Area
Dallas, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,040
Cap Rate 7%
$623,600
Cap Rate 9%
$485,022
Alternative Uses
Best Use
Office B
$2.72M
$2.38M – $3.17M
NOI $190,124 @ 7.0% cap · market cap 4,753.10%
Second Best
Mixed Use
$623.6K
$545.7K – $727.5K
NOI $43,652 @ 7.0% cap · market cap 1,091.30%
Theoretical Best
Office A
$3.97M
$3.47M – $4.63M
NOI $277,769 @ 7.0% cap · market cap 6,944.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
5,150
Businesses Nearby
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Business Placement
Demographics for 75226, TX
4,535
Population
3,221
Households
1.4
Avg Household Size
33
Median Age
38%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
4,123
Density / Sq Mi
$69,589
Median Household Income
$52,972
Median Earnings
$1,731
Median Rent
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Dallas, TX
Frequently Asked Questions
What type of property is this?
Live-work space - Flexible open-plan space pairs a business setting with an upstairs bedroom, full kitchen, and two full bathrooms.
Where is this live-work space located?
The property is located at 3012 Canton Street Dallas, TX.
What are key features of this property?
This property features: Two separate units, with the option to combine; 3,307 square feet; 30‑foot ceilings; Each unit has an upstairs bedroom, full kitchen, and two full bathrooms
