Climate-Controlled Flex
For Sale
Contact for pricing
914 W Commerce Street, Dallas, TX 75208
Three private offices, a conference room, breakroom, and three restrooms complement the warehouse area.
Property Size3,944 SF
Price / SF$1.39
Days on Market11
Property Features for 914 W Commerce Street
General Information
Standard status
Active
Size
3,944 SF
Property subtype
Office
Site & Location
Neighborhood
Western Heights
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
15 ft
Conditioned Warehouse
Yes
Additional Details
Property Use
Office-Warehouse
Building Details
Year Built
1956
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 2:39PM
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 Magnorum Realty Services, LLC
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Investment Insights
Based on property information with market context.
This 3,944-square-foot flex property combines a built-out office area with climate-controlled warehouse space. The office configuration includes three private offices, a conference room, a breakroom, and three restrooms. The warehouse offers approximately 15 feet of clear height and two overhead doors. A gated yard and rear patio provide additional outdoor space. Built in 1956, the property has a minimum lease term of three years.
The property is on West Commerce Street in Dallas, with access to major highways. Trinity Groves, the Bishop Arts District, Downtown Dallas, and the West Dallas redevelopment area are identified as nearby destinations.
The property is on West Commerce Street in Dallas, with access to major highways. Trinity Groves, the Bishop Arts District, Downtown Dallas, and the West Dallas redevelopment area are identified as nearby destinations.
Key Highlights
- 3,944 square feet of flex space
- Climate‑controlled warehouse with approximately 15‑foot clear height
- Two overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,487
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,740
$449.7K
Cap Rate 7%
$321,243
$321.2K
Cap Rate 9%
$249,856
$249.9K
Market Conditions
NOI Build-Up for 3,944 SF
Gross rent
$35.5K $9.00/SF
− Vacancy
−$3.4K −$0.86/SF
EGI
$32.1K $8.15/SF
− OpEx
−$9.6K −$2.44/SF
NOI
$22.5K $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 Rate 5%
$449,740
Cap Rate 7%
$321,243
Cap Rate 9%
$249,856
Alternative Uses
Best Use
Flex RnD
$494.4K
$432.6K – $576.8K
NOI $34,609 @ 7.0% cap · market cap 629.25%
Second Best
Warehouse
$390.1K
$341.3K – $455.1K
NOI $27,305 @ 7.0% cap · market cap 496.45%
Theoretical Best
Office A
$4.73M
$4.14M – $5.52M
NOI $331,273 @ 7.0% cap · market cap 6,023.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
15 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Real Taste 570 — 2406 Vilbig Rd, Dallas, TX 75212
- Tanpopo Japanese kitchen — 921 W Commerce St, Dallas, TX 75208
- Just katsu — 921 W Commerce St, Dallas, TX 75208
- Chushin Sushi — 921 W Commerce St, Dallas, TX 75208
- Ragin Casian — 921 W Commerce St, Dallas, TX 75208
Frequently Asked Questions
What type of property is this?
Flex space - Three private offices, a conference room, breakroom, and three restrooms complement the warehouse area.
Where is this flex space located?
The property is located at 914 W Commerce Street Dallas, TX.
What are key features of this property?
This property features: 3,944 square feet of flex space; Climate‑controlled warehouse with approximately 15‑foot clear height; Two overhead doors
