507 W Mockingbird Ln, Dallas, TX
High-visibility automotive property in Dallas' Trinity Industrial District.
- Added:
- Aug 25, 2025
- Days on Market:
- 291
- Last Refresh:
- May 20 at 8:54 pm
Property Features for 507 W Mockingbird Ln
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 0.18 Acres
- Property subtype
- RETAIL
Listing agent Trey Nemeth License #9005919 (214) 564-3272
Listing office Matthews Real Estate Investment Services | Dallas (214) 564-3272
Listing date Aug 25, 2025
Source Moodyscre
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
HighLights
- Prime location in Dallas’ Trinity Industrial District near Love Field and I‑35E, ideal for automotive or industrial businesses.
- Excellent visibility with frontage on W Mockingbird Ln (23,000+ vehicles per day) and proximity to I‑35E (120,000 vehicles per day).
- Strong demographics: Located in a highly populated area with over 304,704 residents in a 5‑mile radius and an average household income over $98,000.
- Flexible acquisition opportunity: Available for lease or sale.
- Surrounded by key demand drivers: Near major employers, Dallas Love Field Airport, Medical District, and the Design District.
- Benefits from strong traffic, nearby fleet operators, and a dense base of auto‑related businesses.
Overview
Local Financial Insights For Retail
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 | $106.1k | $24.12 |
| − Vacancy | −$5.0k | −$1.13 |
| EGI | $101.1k | $22.99 |
| − OpEx | −$30.3k | −$6.90 |
| NOI | $70.8k | $16.09 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Enterprise Rent-A-Car — 3133 Inwood Rd, Dallas, TX 75235
- Enterprise Rent-A-Car — 3331 Haggar Way, Dallas, TX 75235
- Enterprise Rent-A-Car — 3201 Manor Way, Dallas, TX 75235
- Car rental — 3133 Inwood Rd, Dallas, TX 75235
- Rent A VAN Dallas Love Field — 3333 Inwood Rd, Dallas, TX 75235
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.874
- Latitude
- 32.8072
