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Upgraded Flex Space With Bay Door
For Sale
$1,169,000

4840 Memphis Street, Dallas, TX 75207

CommercialSale, Dallas, TX

Property SizeContact for details
Lot Size0.14 Acres
Days on Market66

Property Features for 4840 Memphis Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial, Warehouse
Parking features Open, On Street, Driveway, Parking Lot
Subdivision Hampton & Indust
Lot features Interior Lot, Irregular Lot
Directions From Inwood Rd. going south past Stemmons Frwy., turn east onto Lupo Dr.. Then turn south onto Memphis. Building will be the first building on the east side across from the auto shop.
Standard status Active
APN 00000814628300000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description HAMPTON & INDUSTRIAL BLK 5/8570 LT 11
Tax Annual Amount 8547
Legal Description HAMPTON & INDUSTRIAL BLK 5/8570 LT 11

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Electric
Water source Public

Amenities

gated driveway
turfed rear area

Building Details

Year built 1969
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Brick
Roof type Flat
Listing Agency: Compass RE Texas, LLC.
Listed By: Angela Downes · License #0409878
Added: Jun 29 Changed: Aug 30 Last Checked: Sep 2 at 1:06AM
MLS# 21189922

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.

Investment Insights

Based on property information with market context.

This 0.138-acre flex property at 4840 Memphis Street includes a brick building with concrete flooring, a flat roof, central heating, and central air conditioning with electric cooling. Built in 1969, the property has received new plumbing and HVAC, refreshed interior paint, updated 3-phase power, and a new bay door. A gated driveway, open parking areas, and a turfed rear section add practical site features. The property is currently leased.

The asset is located in Dallas’ Medical District near the Design District, with direct access to Inwood Road and proximity to I-35E, Love Field, Oak Lawn, and Downtown Dallas. Public water and public sewer serve the property, while parking includes on-street, lot, driveway, and open options.

Key Highlights

  • 0.138‑acre flex property at 4840 Memphis Street in Dallas, TX 75207
  • New plumbing, HVAC, interior paint, updated 3‑phase power, and a new bay door
  • Brick building with concrete flooring, flat roof, central heating, and central air

Property Analytics

Current Use

Granite Interiors Building Supply

Suggested Use

Top Pick Nail Salon Locksmith Acupuncture Barber Shop Catering Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,102
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75207, TX

7,116
Population
2,465
Households
2.9
Avg Household Size
33
Median Age
30%
College-Educated
81%
High-School Grad
3.9 sq mi
ZIP Area
1,825
Density / Sq Mi
$84,149
Median Household Income
$45,903
Median Earnings
$1,789
Median Rent

Market

Vacancy Rate% for Office in Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025
Rey
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Similar Off Market Nearby

  • Freshnez 4936 Reading St, Dallas, TX 75247
  • Sonny Bryan’s Smokehouse 2202 Inwood Rd, Dallas, TX 75235

Frequently Asked Questions

What type of property is this?
Flex space - Updated systems, secure gated access, and a turfed rear area accommodate varied commercial configurations.
Where is this flex space located?
The property is located at 4840 Memphis Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,169,000.
What are key features of this property?
This property features: 0.138‑acre flex property at 4840 Memphis Street in Dallas, TX 75207; New plumbing, HVAC, interior paint, updated 3‑phase power, and a new bay door; Brick building with concrete flooring, flat roof, central heating, and central air
More about this property
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