Office-Warehouse on CF Hawn
For Sale
Contact for pricing
10426 C F Hawn Freeway, Dallas, TX 75217
5,000 SF office-warehouse with highway frontage and fenced yard.
Property Size5,000 SF
Lot Size0.75 Acres
Price / SF$159
Days on Market777
Property Features for 10426 C F Hawn Freeway
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.75 Acres
Property subtype
Industrial
Lease Type
Gross
Building Details
Tenancy
Single
Listing Agency:
Coldwell Banker Apex Realtors Rockwall
(972) 772-9300
Listed By:
Dan Robertson · License #TX
Source:
Crexi
Added: Jul 12, 2024
Changed: Aug 22
Last Checked: Aug 22 at 9:30AM
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 Coldwell Banker Apex Realtors Rockwall
Investment Insights
Based on property information with market context.
This property features a 5,000 square foot office-warehouse situated on almost three-quarters of an acre with frontage on CF Hawn Freeway. The location provides convenient access, with easy on and off access to the highway and proximity to I-635, I-20, and downtown Dallas. The building includes a showroom at the front and a warehouse in the back, accessible via one rollup grade door. A fenced yard with a gate and paved parking is located at the front of the property. The property is currently leased on a month-to-month basis. An older frame residence is present on the property, but it is considered to have no value.
Key Highlights
- Highway Frontage on CF Hawn Fwy with Easy Access
- Proximity to I‑635, I‑20 & Downtown Dallas
- 5,000 SF Office‑Warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,309
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,180
$766.2K
Cap Rate 7%
$547,271
$547.3K
Cap Rate 9%
$425,656
$425.7K
Market Conditions
NOI Build-Up for 5,000 SF
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.
Gross rent
$49.8K $9.96/SF
− Vacancy
−$4.7K −$0.95/SF
EGI
$45.1K $9.01/SF
− OpEx
−$6.8K −$1.35/SF
NOI
$38.3K $7.66/SF
Area
ZIP 75217
Vacancy
9.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,180
Cap Rate 7%
$547,271
Cap Rate 9%
$425,656
Alternative Uses
Best Use
Office B
$4.11M
$3.59M – $4.79M
NOI $287,456 @ 7.0% cap · market cap 36.16%
Second Best
Warehouse
$547.3K
$478.9K – $638.5K
NOI $38,309 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$5.47M
$4.79M – $6.38M
NOI $383,096 @ 7.0% cap · market cap 48.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75217, TX
85,330
Population
25,534
Households
3.3
Avg Household Size
30
Median Age
6%
College-Educated
60%
High-School Grad
27.8 sq mi
ZIP Area
3,069
Density / Sq Mi
$52,987
Median Household Income
$35,106
Median Earnings
$1,189
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Office in Dallas, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - 5,000 SF office-warehouse with highway frontage and fenced yard.
Where is this warehouse located?
The property is located at 10426 C F Hawn Freeway Dallas, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Highway Frontage on CF Hawn Fwy with Easy Access; Proximity to I‑635, I‑20 & Downtown Dallas; 5,000 SF Office‑Warehouse
