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Southlake Office Building For Sale
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680 N Carroll Ave, Southlake, TX

Office building with 5,745 square feet of space.

Property Size5,745 SF
Lot Size0.64 Acres
Price / SF$422.37
Days on Market376

Property Features for 680 N Carroll Ave

General Information

Standard status Active
Size 5,745 SF
Lot size 0.64 Acres
Property subtype OFFICE
Listing Agency: Glacier Commercial Realty
Listed By: Paul Blight · License #0513661
Source: Moodyscre
Added: Jul 23, 2025 Changed: Jul 6 Last Checked: Jul 21 at 3:15AM

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 Glacier Commercial Realty

Investment Insights

Based on property information with market context.

This office building, located in Southlake, Texas, offers 5,745 square feet of space. The property is suitable for office use.

Key Highlights

  • 5,745 square feet of office space.

Financial Insights For Office B

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 $176.5k $30.72
− Vacancy −$44.1k −$7.68
EGI $132.4k $23.04
− OpEx −$33.1k −$5.76
NOI $99.3k $17.28
5,745 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,274 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,465 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Catering Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with 5,745 square feet of space.
Where is this office building located?
The property is located at 680 N Carroll Ave Southlake, TX.
What is the asking price?
The asking price for this property is $2,426,500.
What are key features of this property?
This property features: 5,745 square feet of office space.
(214) 682-7192 Call to check price and availability
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