For Sale
$590,000
5020 Pershing St, Dallas, TX 75206
Duplexes
Property Size1,116 SF
Price / SF$528.67
Days on Market54
Property Features for 5020 Pershing St
General Information
Standard status
Active
Size
1,116 SF
Property subtype
Multi-Family
Building Details
Year Built
1938
Listing Agency:
Coldwell Banker Apex, REALTORS
Listed By:
Scott Hogg · License #0623858
(214) 755-8201
Source:
Tonyaharbin
Added: Aug 23
Changed: Oct 6
Last Checked: Oct 5 at 7:54PM
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 Coldwell Banker Apex, REALTORS
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,623
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,460
$392.5K
Cap Rate 7%
$280,329
$280.3K
Cap Rate 9%
$218,033
$218.0K
Market Conditions
NOI Build-Up for 1,116 SF
Gross rent
$31.2K $27.96/SF
− Vacancy
−$3.2K −$2.84/SF
EGI
$28.0K $25.12/SF
− OpEx
−$8.4K −$7.54/SF
NOI
$19.6K $17.58/SF
Area
Dallas, TX
Vacancy
10.16%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,460
Cap Rate 7%
$280,329
Cap Rate 9%
$218,033
Alternative Uses
Best Use
Multifamily LT 5
$280.3K
$245.3K – $327.1K
NOI $19,623 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$242.4K
$212.1K – $282.8K
NOI $16,970 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,738 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,944
Businesses Nearby
Explore this area
Business Placement
Demographics for 75206, TX
40,386
Population
25,844
Households
1.6
Avg Household Size
32
Median Age
77%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
9,616
Density / Sq Mi
$88,464
Median Household Income
$69,953
Median Earnings
$1,715
Median Rent
$557,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
Where is this duplex located?
The property is located at 5020 Pershing St Dallas, TX.
What is the asking price?
The asking price for this property is $590,000.
