Industrial Property For
5315 S 2nd Avenue Dallas, TX 75210
For Sale
$450,000
Industrial property for sale, offering immediate income potential.
Property Size3,000 SF
Price / SF$150
Days on Market97
Property Features for 5315 S 2nd Avenue
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing Agency:
Texan Realty LLC
(214) 770-4282
Listed By:
Morad Alariki · License #0722410
(214) 770-4282
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 2:50PM
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 Texan Realty LLC
Investment Insights
Based on property information with market context.
This industrial property, with a size of 3000 square feet, is available for sale. The property is currently leased, presenting an opportunity for immediate income. The property can continue to be leased or be operated as an owner-user. This property is located in a desirable location, making it suitable for business expansion or investment purposes.
Key Highlights
- Prime industrial property in a desirable location
- Immediate income potential from existing lease
- Option to continue lease or operate as owner‑user
Financial Insights For Industrial
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 | $27.0k | $9.00 |
| − Vacancy | −$2.6k | −$0.86 |
| EGI | $24.4k | $8.15 |
| − OpEx | −$7.3k | −$2.44 |
| NOI | $17.1k | $5.70 |
3,000 SF · lease $9.00/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$244.4K
$213.8K – $285.1K
NOI $17,105 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,983 @ 7.0% cap · market cap 56.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
FAQs
What type of property is this?
Industrial property - Industrial property for sale, offering immediate income potential.
Where is this industrial property located?
The property is located at 5315 S 2nd Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime industrial property in a desirable location; Immediate income potential from existing lease; Option to continue lease or operate as owner‑user
