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Office, Showroom, Warehouse Flex
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4027 Main St, Dallas, TX 75226

16,400 SF flex building combining office, showroom, and warehouse space with convenient access to Interstate 30.

Property Size16,400 SF
Price / SF$149.39
Days on Market55

Property Features for 4027 Main St

General Information

Standard status Active
Size 16,400 SF
Property subtype INDUSTRIAL
Listing Agency: Hudson Peters Commercial
Listed By: Cincha Kostman · License #TX388936
Source: Moodyscre
Added: Jul 22 Changed: Sep 3 Last Checked: Sep 13 at 6:10AM

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 Hudson Peters Commercial

Investment Insights

Based on property information with market context.

The property is a flex-style industrial building totaling approximately 16,400 square feet, with built-in functionality for office, showroom, and warehouse use. The configuration supports a combined workplace and distribution-oriented footprint rather than a single-purpose layout.

Located at 4027 Main St in Dallas, Texas, the asset is described as being convenient to Interstate 30, with access noted as only about 1 mile east of Downtown Dallas. The surrounding context is identified in the remarks as part of the Baylor Medical/Deep Ellum area redevelopment.

For buyers seeking an integrated office/showroom/warehouse setup with direct interstate accessibility, this offering provides a single facility built to support multiple day-to-day functions.

Key Highlights

  • 16,400 SF office/showroom/warehouse flex building
  • Convenient access to Interstate 30, about 1 mile east of downtown Dallas
  • Baylor Medical/Deep Ellum area redevelopment opportunity

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
$143,910
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
5.87%
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%
$2,878,200 $2.9M
Cap Rate 7%
$2,055,857 $2.1M
Cap Rate 9%
$1,599,000 $1.6M
Market Conditions
NOI Build-Up for 16,400 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
$246.0K $15.00/SF
− Vacancy
−$24.6K −$1.50/SF
EGI
$221.4K $13.50/SF
− OpEx
−$77.5K −$4.73/SF
NOI
$143.9K $8.78/SF
Area
Dallas, TX
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
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%
$2,878,200
Cap Rate 7%
$2,055,857
Cap Rate 9%
$1,599,000

Alternative Uses

Best Use
Flex RnD
$2.06M
$1.80M – $2.40M (±1% cap)
NOI $143,910 @ 7.0% cap · market cap 5.87%
Second Best
Warehouse
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,541 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$19.68M
$17.22M – $22.96M (±1% cap)
NOI $1,377,506 @ 7.0% cap · market cap 56.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Kangaroo Cases Industrial Manufacturer

Suggested Use

Top Pick Electrical Service Computer & Electronic Repair HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith

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

5,112
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 16,400 SF flex building combining office, showroom, and warehouse space with convenient access to Interstate 30.
Where is this flex space located?
The property is located at 4027 Main St Dallas, TX.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 16,400 SF office/showroom/warehouse flex building; Convenient access to Interstate 30, about 1 mile east of downtown Dallas; Baylor Medical/Deep Ellum area redevelopment opportunity
(214) 212-1998 Call to check price and availability
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