Refrigerated Distribution Warehouse with
510 S Good Latimer Expressway Dallas, TX 75226
510 S Good Latimer Expressway, Dallas, TX, 75226
$5,569,000
For Sale
$5,569,000
Climate-controlled refrigerated rooms and multiple loading docks support produce, food service, and wholesale distribution operations.
Property Size32,000 SF
Price / SF$174.03
Days on Market51
Property Features for 510 S Good Latimer Expressway
General Information
- Standard status
- Active
- Size
- 32,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing Agency
eXp Realty, LLC
(817) 475-0270
Listed by
Trini Hernandez · License #0819493
(817) 475-0270
Source
Signaturere
Added: Jun 1 Updated: Jul 10 at 3:59 pm Checked: Jul 20 at 2:52 pm
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This commercial warehouse is configured for temperature-sensitive logistics, with multiple refrigerated room and dedicated cold storage areas throughout. It also offers spacious warehouse and distribution space designed for flexible storage and day-to-day handling. Shipping and receiving are supported by multiple loading docks, along with both grade level and dock-high loading areas. In addition, the property includes office space and truck access to support operational administration on-site.
Positioned on S. Good Latimer Expressway in downtown Dallas, the facility benefits from highly accessible freeway connectivity to major highways. It has road frontage on S. Good Latimer Expressway and Taylor Street, and the building is described as having high visibility to N Central Expressway. The setting is near Dallas Farmers Market and Deep Ellum, supporting use cases tied to food, produce, and urban distribution needs.
With its combination of refrigerated storage, dock capacity, and practical logistics layout, this property is well suited for produce distribution, food service operations, cold storage, and wholesale supply businesses. The overall configuration supports streamlined receiving and outbound shipments, while the office component can accommodate teams that need to run daily warehouse and distribution functions from the site.
Positioned on S. Good Latimer Expressway in downtown Dallas, the facility benefits from highly accessible freeway connectivity to major highways. It has road frontage on S. Good Latimer Expressway and Taylor Street, and the building is described as having high visibility to N Central Expressway. The setting is near Dallas Farmers Market and Deep Ellum, supporting use cases tied to food, produce, and urban distribution needs.
With its combination of refrigerated storage, dock capacity, and practical logistics layout, this property is well suited for produce distribution, food service operations, cold storage, and wholesale supply businesses. The overall configuration supports streamlined receiving and outbound shipments, while the office component can accommodate teams that need to run daily warehouse and distribution functions from the site.
Key Highlights
- Commercial warehouse built in 1963 in downtown Dallas near Dallas Farmers Market and Deep Ellum
- On S. Good Latimer Expressway with road frontage on S. Good Latimer Expressway and Taylor Street
- Multiple refrigerated rooms and dedicated cold storage areas for temperature‑sensitive inventory
Local Financial Insights For Warehouse
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 | $288.0k | $9.00 |
| − Vacancy | −$27.4k | −$0.86 |
| EGI | $260.6k | $8.15 |
| − OpEx | −$39.1k | −$1.22 |
| NOI | $221.5k | $6.92 |
32,000 SF · lease $9.00/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.16M
$2.77M – $3.69M
NOI $221,544 @ 7.0% cap · market cap 3.98%
Second Best
Industrial
$2.61M
$2.28M – $3.04M
NOI $182,448 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$38.40M
$33.60M – $44.80M
NOI $2,687,816 @ 7.0% cap · market cap 48.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cal-Tex Produce
Agricultural Supply
J.D. Rodriguez Produce, ...
Food Market
Tyler Farmers Market
Agricultural Supply
Similar For Sale Nearby
Similar Off Market Nearby
- Cedar's Warehouse — Dallas, TX 75226
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- SavenStar Self Storage Units — 1416 Marilla St, Dallas, TX 75201
- Mad Haven Self Storage Units — 1918 St Louis St, Dallas, TX 75201
- Cedar's Warehouse Blaine W.Cook — Dallas, TX 75226
FAQs
What type of property is this?
Warehouse - Climate-controlled refrigerated rooms and multiple loading docks support produce, food service, and wholesale distribution operations.
Where is this warehouse located?
The property is located at 510 S Good Latimer Expressway Dallas, TX.
What is the asking price?
The asking price for this property is $5,569,000.
What are key features of this property?
This property features: Commercial warehouse built in 1963 in downtown Dallas near Dallas Farmers Market and Deep Ellum; On S. Good Latimer Expressway with road frontage on S. Good Latimer Expressway and Taylor Street; Multiple refrigerated rooms and dedicated cold storage areas for temperature‑sensitive inventory
