Modern Two-Story Commercial
446 S Tyler Street, Dallas, TX 75208
- Added:
- Feb 19, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 2 at 11:06 pm
Property Features for 446 S Tyler Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Gated
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 00000258823000000
- Size
- 5,000 SF
- Lot size
- 0.22 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Concrete, Engineered
- Building materials
- Brick, StoneVeneer
- Roof type
- Composition, Shingle
Listing agent Ethan McKean License #0744022 (214) 515-9888
Listing office Paragon, REALTORS Dallas, TX (214) 515-9888
Listing date Feb 19, 2026
MLS# 21134871
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brand new construction (2025) with modern design.
- Flexible use: suitable for office space or live/work environment.
- Two separate entrances allow for single or multi‑tenant occupancy.
- Gated parking provides security and convenience.
- High‑quality construction materials: brick, stone, and stone veneer.
- Central heating and air conditioning.
Overview
This brand new, two-story commercial building features a modern design and flexible use, suitable for professional office space or a live and work environment. The property, located in Dallas, Texas, has a size of 5000 square feet and a lot size of 0.217 acres. It features two separate entrances, allowing it to accommodate a single occupant or be leased as two independent spaces. Gated parking provides added security and convenience.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $512.4k | $102.48 |
| − Vacancy | −$129.1k | −$25.82 |
| EGI | $383.3k | $76.66 |
| − OpEx | −$95.8k | −$19.16 |
| NOI | $287.5k | $57.49 |
5,000 SF · lease $102.48/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.11M
$3.59M – $4.79M
NOI $287,456 @ 7.0% cap · market cap 7.77%
Second Best
Mixed Use
$942.9K
$825.0K – $1.10M
NOI $66,000 @ 7.0% cap · market cap 1.78%
Theoretical Best
Office A
$6.00M
$5.25M – $7.00M
NOI $419,971 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.837536
- Latitude
- 32.741853
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - New two-story commercial building suitable for office or live/work space.
Where is this mixed-use property located?
The property is located at 446 S Tyler Street Dallas, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Brand new construction (2025) with modern design.; Flexible use: suitable for office space or live/work environment.; Two separate entrances allow for single or multi‑tenant occupancy.
