Industrial Warehouse Near Major
For Sale
$3,000,000
Pending
3727 Dilido Road, Dallas, TX 75228
Accessibly positioned between I-30 and US-75 with DART accessibility for convenient logistics and workforce connectivity.
Property Size37,432 SF
Days on Market82
Property Features for 3727 Dilido Road
General Information
Standard status
Pending
Size
37,432 SF
Zoning
LIGHT INDUSTRIAL DISTRICT
Net Operating Income
$75,000
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,070
Amenities
Central Air
Natural Gas
Asphalt
Building Details
Building Size
37,432 SF
Year Built
1968
Stories
1
Listing Agency:
Keller Williams Rockwall
(214) 730-2359
Listed By:
Andrea Sallis · License #0550693
(214) 730-2359
Source:
Evrealestate
Added: Jun 11
Changed: Aug 24
Last Checked: Aug 31 at 4:01PM
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 Keller Williams Rockwall
Investment Insights
Based on property information with market context.
This industrial warehouse property at 3727 Dilido Road in Dallas, Texas 75228 offers a straightforward warehouse-style configuration for storage and distribution needs. The offering is presented for sale, giving investors and owner-users a practical industrial asset to evaluate for current or future operations.
The location is described as accessible from both I-30 and US-75 Central Expressway, with routes connecting toward Downtown Dallas and East Dallas commercial corridors. Directions provided indicate access from the Jim Miller-Dolphin Road area via Dilido Road when approaching from I-30, and connection to I-30 East when approaching from US-75, proceeding toward the Dilido Road area. The property is also noted as DART accessible.
For prospective tenants, buyers, and operators, the key consideration is functional access to two major highways, supporting regional movement and day-to-day transportation needs. DART accessibility may also be relevant for workforce planning. Based on the information provided, interested parties should review the specific warehouse layout and any site improvements directly to confirm fit for their intended use.
The location is described as accessible from both I-30 and US-75 Central Expressway, with routes connecting toward Downtown Dallas and East Dallas commercial corridors. Directions provided indicate access from the Jim Miller-Dolphin Road area via Dilido Road when approaching from I-30, and connection to I-30 East when approaching from US-75, proceeding toward the Dilido Road area. The property is also noted as DART accessible.
For prospective tenants, buyers, and operators, the key consideration is functional access to two major highways, supporting regional movement and day-to-day transportation needs. DART accessibility may also be relevant for workforce planning. Based on the information provided, interested parties should review the specific warehouse layout and any site improvements directly to confirm fit for their intended use.
Key Highlights
- Central Air conditioning with Natural Gas heating
- Year built: 1968
- Asphalt parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$227,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,552,920
$4.6M
Cap Rate 7%
$3,252,086
$3.3M
Cap Rate 9%
$2,529,400
$2.5M
Market Conditions
NOI Build-Up for 37,432 SF
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.
Gross rent
$359.3K $9.60/SF
− Vacancy
−$34.1K −$0.91/SF
EGI
$325.2K $8.69/SF
− OpEx
−$97.6K −$2.61/SF
NOI
$227.6K $6.08/SF
Area
ZIP 75228
Vacancy
9.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,552,920
Cap Rate 7%
$3,252,086
Cap Rate 9%
$2,529,400
Alternative Uses
Best Use
Warehouse
$3.95M
$3.46M – $4.61M
NOI $276,428 @ 7.0% cap · market cap 9.21%
Second Best
Industrial
$3.25M
$2.85M – $3.79M
NOI $227,646 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$40.97M
$35.85M – $47.80M
NOI $2,868,007 @ 7.0% cap · market cap 95.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75228, TX
68,219
Population
27,329
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
11.4 sq mi
ZIP Area
5,984
Density / Sq Mi
$59,617
Median Household Income
$36,862
Median Earnings
$1,196
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Arca Continental — Mesquite, TX 75149
- Public Storage — 8939 E R L Thornton Fwy, Dallas, TX 75228
- Alamo Buckner Self Storage — 3707 N Buckner Blvd, Dallas, TX 75228
- Installation, Delivery & Storage LLC — 3530 Dilido Rd, Dallas, TX 75228
- Simmons Self Storage Facility — 3536 N Buckner Blvd, Dallas, TX 75228
Frequently Asked Questions
What type of property is this?
Warehouse - Accessibly positioned between I-30 and US-75 with DART accessibility for convenient logistics and workforce connectivity.
Where is this warehouse located?
The property is located at 3727 Dilido Road Dallas, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Central Air conditioning with Natural Gas heating; Year built: 1968; Asphalt parking
