Commercial
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For Sale
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417 S Fleming Avenue, Dallas, TX 75203
The property is near I-35E and the Oak Cliff area, with connections toward central Dallas.
Property Size2,800 SF
Price / SF$0.82
Days on Market3
Property Features for 417 S Fleming Avenue
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Warehouse
Site & Location
Neighborhood
Lake Cliff
Highway Access
Yes
Building Details
Year Built
1956
Listing Agency:
Jessica Sanchez
(214) 942-1101
Listed By:
Gina Flores · License #0807638
Source:
Publicrealtytx
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:41AM
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 Jessica Sanchez
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,800-square-foot warehouse was built in 1956. It is located on S Fleming Avenue in Dallas, south of Downtown Dallas, with access to I-35E and the Oak Cliff area.
Key Highlights
- 2,800‑square‑foot warehouse
- Built in 1956
- Located on S Fleming Avenue in Dallas, near I‑35E and the Oak Cliff area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,385
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,700
$387.7K
Cap Rate 7%
$276,929
$276.9K
Cap Rate 9%
$215,389
$215.4K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$25.2K $9.00/SF
− Vacancy
−$2.4K −$0.86/SF
EGI
$22.8K $8.15/SF
− OpEx
−$3.4K −$1.22/SF
NOI
$19.4K $6.92/SF
Area
Dallas, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,700
Cap Rate 7%
$276,929
Cap Rate 9%
$215,389
Alternative Uses
Best Use
Warehouse
$276.9K
$242.3K – $323.1K
NOI $19,385 @ 7.0% cap · market cap 842.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,184 @ 7.0% cap · market cap 10,225.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75203, TX
14,710
Population
6,862
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
3,065
Density / Sq Mi
$46,358
Median Household Income
$32,690
Median Earnings
$1,110
Median Rent
$125,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Stow & Go Selfstorage — E 10th St, Dallas, TX 75203
Frequently Asked Questions
What type of property is this?
Warehouse - The property is near I-35E and the Oak Cliff area, with connections toward central Dallas.
Where is this warehouse located?
The property is located at 417 S Fleming Avenue Dallas, TX.
What are key features of this property?
This property features: 2,800‑square‑foot warehouse; Built in 1956; Located on S Fleming Avenue in Dallas, near I‑35E and the Oak Cliff area
