Corner Storefront
For Sale
Contact for pricing
820 S Carroll Avenue, Dallas, TX 75223
Renovated retail space near residential surroundings, with build-out planning available for the future occupant.
Property Size1,754 SF
Price / SF$1.88
Days on Market47
Property Features for 820 S Carroll Avenue
General Information
Standard status
Active
Size
1,754 SF
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Year Built
1940
Listing Agency:
RDE Capital Group, LLC
(972) 982-2442
Listed By:
Bradley Williams · License #0828254
(214) 799-9744
Source:
Lonestarluxuryrealty
Added: Sep 2
Changed: Oct 3
Last Checked: Oct 16 at 9:21AM
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 RDE Capital Group, LLC
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Investment Insights
Based on property information with market context.
This 1,754-square-foot storefront property is undergoing renovation toward white-box or shell condition, creating a flexible starting point for the next occupant’s build-out. Originally constructed in 1940, the building offers a defined retail setting with the opportunity to shape the final interior configuration.
The property occupies a corner location at 820 S Carroll Avenue in Dallas, within the Fair Park area and surrounded by residential uses. Tenant improvement allowances are available, and prospective occupants may have input into the remaining build-out.
The property occupies a corner location at 820 S Carroll Avenue in Dallas, within the Fair Park area and surrounded by residential uses. Tenant improvement allowances are available, and prospective occupants may have input into the remaining build-out.
Key Highlights
- 1,754‑square‑foot storefront property
- Corner location at 820 S Carroll Avenue, Dallas, TX 75223
- Renovation underway toward white‑box or shell condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,223
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,460
$564.5K
Cap Rate 7%
$403,186
$403.2K
Cap Rate 9%
$313,589
$313.6K
Market Conditions
NOI Build-Up for 1,754 SF
Gross rent
$42.3K $24.12/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$40.3K $22.99/SF
− OpEx
−$12.1K −$6.90/SF
NOI
$28.2K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,460
Cap Rate 7%
$403,186
Cap Rate 9%
$313,589
Alternative Uses
Best Use
Retail
$403.2K
$352.8K – $470.4K
NOI $28,223 @ 7.0% cap · market cap 858.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.46M
NOI $147,326 @ 7.0% cap · market cap 4,479.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 21%
Electronics 7%
Exxon
Shops & Services
8,352 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,154 visits/mo
0.4 miles
7-Eleven
Shops & Services
4,920 visits/mo
0.4 miles
Cicis
Dining
4,727 visits/mo
0.4 miles
TitleMax Title Loans
Shops & Services
3,819 visits/mo
0.3 miles
Demographics for 75223, TX
13,898
Population
4,872
Households
2.9
Avg Household Size
35
Median Age
24%
College-Educated
65%
High-School Grad
3.1 sq mi
ZIP Area
4,483
Density / Sq Mi
$66,641
Median Household Income
$35,470
Median Earnings
$1,363
Median Rent
$244,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Billie Ball & Co. — 501 S Second Ave, Dallas, TX 75226
- Vickery Wholesale Greenhouse — 4911 E Grand Ave, Dallas, TX 75223
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated retail space near residential surroundings, with build-out planning available for the future occupant.
Where is this storefront property located?
The property is located at 820 S Carroll Avenue Dallas, TX.
What are key features of this property?
This property features: 1,754‑square‑foot storefront property; Corner location at 820 S Carroll Avenue, Dallas, TX 75223; Renovation underway toward white‑box or shell condition
