Multi-Tenant Industrial
For Sale
Contact for pricing
4930 Gordon Smith Dr, Rowlett, TX 75088
Industrial property with staggered leases, scheduled rent increases, and an available suite for near-term occupancy.
Property Size18,169 SF
Price / SF$115
Days on Market204
Property Features for 4930 Gordon Smith Dr
General Information
Standard status
Active
Size
18,169 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
18,169 SF
Tenancy
Multi
Listing Agency:
Matthews Real Estate Investment Services | Dallas
(866) 889-0550
Listed By:
Caden Strauss · License #813657(TX)
(949) 214-8734
Source:
Moodyscre
Added: Mar 27
Changed: Oct 15
Last Checked: Oct 14 at 9:37PM
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 Matthews Real Estate Investment Services | Dallas
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Investment Insights
Based on property information with market context.
This 18,169-square-foot industrial property is configured for multiple occupants, with a diversified tenant roster and approximately 4,626 square feet currently available. Lease expirations are distributed over time, while existing agreements provide scheduled annual rent increases. The property also uses expense reimbursement provisions covering tenants’ pro-rata increases in real estate taxes, insurance, and operating costs, with utilities paid directly by occupants. Landlord responsibilities include the roof, structure, and base-year tax and insurance obligations.
Access to President George Bush Turnpike (SH-190) and Interstate 30 connects the property with the broader DFW metroplex. DFW International Airport is approximately 35 minutes away, and Dallas Love Field is approximately 25 minutes away. The roof and HVAC systems across the sites were replaced approximately 6 years ago.
Access to President George Bush Turnpike (SH-190) and Interstate 30 connects the property with the broader DFW metroplex. DFW International Airport is approximately 35 minutes away, and Dallas Love Field is approximately 25 minutes away. The roof and HVAC systems across the sites were replaced approximately 6 years ago.
Key Highlights
- 18,169‑square‑foot multi‑tenant industrial property
- Approximately 4,626 square feet currently available
- Staggered lease expirations diversify rollover timing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,185
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,883,700
$1.9M
Cap Rate 7%
$1,345,500
$1.3M
Cap Rate 9%
$1,046,500
$1.0M
Market Conditions
NOI Build-Up for 18,169 SF
Gross rent
$147.5K $8.12/SF
− Vacancy
−$13.0K −$0.71/SF
EGI
$134.5K $7.41/SF
− OpEx
−$40.4K −$2.22/SF
NOI
$94.2K $5.18/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,883,700
Cap Rate 7%
$1,345,500
Cap Rate 9%
$1,046,500
Alternative Uses
Best Use
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,185 @ 7.0% cap · market cap 4.51%
Second Best
Flex RnD
$1.26M
$1.10M – $1.46M
NOI $87,888 @ 7.0% cap · market cap 4.21%
Theoretical Best
Multifamily LT 5
$217.79M
$190.56M – $254.08M
NOI $15,244,981 @ 7.0% cap · market cap 729.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Explore this area
Business Placement
Demographics for 75088, TX
26,899
Population
10,168
Households
2.6
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
2,892
Density / Sq Mi
$105,064
Median Household Income
$54,587
Median Earnings
$1,899
Median Rent
$326,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property with staggered leases, scheduled rent increases, and an available suite for near-term occupancy.
Where is this industrial property located?
The property is located at 4930 Gordon Smith Dr Rowlett, TX.
What is the asking price?
The asking price for this property is $2,089,435.
What are key features of this property?
This property features: 18,169‑square‑foot multi‑tenant industrial property; Approximately 4,626 square feet currently available; Staggered lease expirations diversify rollover timing
