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Side-by-Side Retail Suites
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4314 Elm Street, Dallas, TX 75226

Two side-by-side retail suites feature outdoor backyards and distinct floor plans.

Property Size1,600 SF
Price / SF$1.56
Days on Market89

Property Features for 4314 Elm Street

General Information

Standard status Active
Size 1,600 SF
Property subtype Retail

Site & Location

Neighborhood Wilson Block

Amenities

outdoor backyard

Building Details

Year Built 1918
Listing Agency: Lonestar Luxury Realty
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Jul 29 Changed: Oct 9 Last Checked: Oct 24 at 5:49PM

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 Lonestar Luxury Realty

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Investment Insights

Based on property information with market context.

This property offers two side-by-side retail suites, each with its own outdoor backyard. The suites have different floor plans, giving tenants flexible layouts to match their operating needs. Each suite is around 1,600 SF.

Built in 1918, the building supports a straightforward retail configuration with an outdoor area attached to each suite. The side-by-side arrangement may appeal to users seeking neighboring space or companies that prefer a shared footprint with separate suite identities.

The outdoor backyards and distinct interior layouts are key features to consider when evaluating tenant fit and how the space may support customer flow and day-to-day operations.

Key Highlights

  • Two side‑by‑side retail suites
  • Each suite has an outdoor backyard
  • Suites are around 1,600 SF each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,745
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,900 $514.9K
Cap Rate 7%
$367,786 $367.8K
Cap Rate 9%
$286,056 $286.1K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$38.6K $24.12/SF
− Vacancy
−$1.8K −$1.13/SF
EGI
$36.8K $22.99/SF
− OpEx
−$11.0K −$6.90/SF
NOI
$25.7K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,900
Cap Rate 7%
$367,786
Cap Rate 9%
$286,056

Alternative Uses

Best Use
Retail
$367.8K
$321.8K – $429.1K (±1% cap)
NOI $25,745 @ 7.0% cap · market cap 1,029.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,391 @ 7.0% cap · market cap 5,375.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

3,612
Businesses Nearby
85k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Groceries 21% Dining 19% Electronics 4%
Aldi Groceries
18,111 visits/mo 0.5 miles
7-Eleven Shops & Services
14,095 visits/mo 0.5 miles
Exxon Shops & Services
8,352 visits/mo 0.1 miles
Family Dollar Shops & Services
7,154 visits/mo 0.4 miles
Church's Chicken Dining
5,394 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two side-by-side retail suites feature outdoor backyards and distinct floor plans.
Where is this retail space located?
The property is located at 4314 Elm Street Dallas, TX.
What are key features of this property?
This property features: Two side‑by‑side retail suites; Each suite has an outdoor backyard; Suites are around 1,600 SF each
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