Dallas Industrial Investment
For Sale
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9030 Viscount Row, Dallas, TX 75247
21,550 SqFt industrial property with 6.10% CAP rate.
Property Size21,550 SF
Price / SF$183.29
Days on Market654
Property Features for 9030 Viscount Row
General Information
Standard status
Active
Size
21,550 SF
Property subtype
Industrial
Zoning
IR
Building Details
Year Built
1963
Listing Agency:
NAI Robert Lynn
Listed By:
Chase Miller · License #TX 0653675
Source:
Crexi
Added: Oct 24, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:23AM
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 NAI Robert Lynn
Investment Insights
Based on property information with market context.
This industrial property, located in Dallas, Texas, offers 21,550 square feet of space. The property is being offered for sale as an investment opportunity and has a capitalization rate of 6.10%.
Key Highlights
- 6.10% CAP Rate
- Industrial Property
- Boasting 21,550 SqFt
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
$122,867
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
3.11%
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%
$2,457,340
$2.5M
Cap Rate 7%
$1,755,243
$1.8M
Cap Rate 9%
$1,365,189
$1.4M
Market Conditions
NOI Build-Up for 21,550 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
$194.0K $9.00/SF
− Vacancy
−$18.4K −$0.86/SF
EGI
$175.5K $8.15/SF
− OpEx
−$52.7K −$2.44/SF
NOI
$122.9K $5.70/SF
Area
Dallas, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,457,340
Cap Rate 7%
$1,755,243
Cap Rate 9%
$1,365,189
Alternative Uses
Best Use
Industrial
$1.76M
$1.54M – $2.05M
NOI $122,867 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.86M
$22.63M – $30.17M
NOI $1,810,076 @ 7.0% cap · market cap 45.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
Demographics for 75247, TX
830
Population
338
Households
2.5
Avg Household Size
51
Median Age
10%
College-Educated
72%
High-School Grad
6.6 sq mi
ZIP Area
126
Density / Sq Mi
$20,274
Median Household Income
$8,500
Median Earnings
$1,218
Median Rent
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 21,550 SqFt industrial property with 6.10% CAP rate.
Where is this industrial property located?
The property is located at 9030 Viscount Row Dallas, TX.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 6.10% CAP Rate; Industrial Property; Boasting 21,550 SqFt
