Second-Floor Office
For Sale
Contact for pricing
4310 Gaston Avenue #202, Dallas, TX 75246
Second-floor office space offers base utilities in lease rates, with tenant responsible for cable, phones, and internet.
Property Size6,168 SF
Price / SF$0.49
Days on Market100
Property Features for 4310 Gaston Avenue #202
General Information
Standard status
Active
Size
6,168 SF
Property subtype
Office
Lease Type
Gross
Site & Location
Neighborhood
Bryan Place
Building Details
Year Built
1918
Listing Agency:
Mitchell Home Real Estate
(972) 523-6670
Listed By:
Suzanne Mitchell · License #0449717
(972) 599-7000
Source:
Lonestarluxuryrealty
Added: Jul 22
Changed: Oct 29
Last Checked: Oct 28 at 6:55AM
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 Mitchell Home Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available for lease is second-floor office space in a family-owned and operated historic building. Approximately half of the second floor is available, and lease rates include base utilities.
The property is located near Baylor Scott & White Hospital and Dallas Theological Seminary, with quick access to area destinations including DART, Lakewood, Uptown, Deep Ellum, Downtown, and Lower Greenville. Tenants pay a common area fee and cover their own cable, phones, and internet.
The property is located near Baylor Scott & White Hospital and Dallas Theological Seminary, with quick access to area destinations including DART, Lakewood, Uptown, Deep Ellum, Downtown, and Lower Greenville. Tenants pay a common area fee and cover their own cable, phones, and internet.
Key Highlights
- Second‑floor office space in an East Dallas historic building built in 1918
- Approximately half of the second floor is available for lease
- Lease rates include base utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$354,606
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,092,120
$7.1M
Cap Rate 7%
$5,065,800
$5.1M
Cap Rate 9%
$3,940,067
$3.9M
Market Conditions
NOI Build-Up for 6,168 SF
Gross rent
$632.1K $102.48/SF
− Vacancy
−$159.3K −$25.82/SF
EGI
$472.8K $76.66/SF
− OpEx
−$118.2K −$19.16/SF
NOI
$354.6K $57.49/SF
Area
Dallas, TX
Vacancy
25.20%
Lease Rate
$102.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,092,120
Cap Rate 7%
$5,065,800
Cap Rate 9%
$3,940,067
Alternative Uses
Best Use
Office B
$5.07M
$4.43M – $5.91M
NOI $354,606 @ 7.0% cap · market cap 11,820.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.40M
$6.48M – $8.63M
NOI $518,076 @ 7.0% cap · market cap 17,269.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 75246, TX
2,458
Population
1,545
Households
1.6
Avg Household Size
38
Median Age
23%
College-Educated
79%
High-School Grad
0.5 sq mi
ZIP Area
4,916
Density / Sq Mi
$49,665
Median Household Income
$38,088
Median Earnings
$1,045
Median Rent
$449,600
Median Home Value
Market
Vacancy Rate% for Office in Dallas, TX
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office space offers base utilities in lease rates, with tenant responsible for cable, phones, and internet.
Where is this office unit located?
The property is located at 4310 Gaston Avenue #202 Dallas, TX.
What are key features of this property?
This property features: Second‑floor office space in an East Dallas historic building built in 1918; Approximately half of the second floor is available for lease; Lease rates include base utilities
