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    502 Carroll Ave Southlake, TX 76092

    For Lease
    $20 SF/Yr ($17,705 /Mo)

    Prime Southlake Office Space, 10,623 SF

    Lot size:
    10,623 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Class B office building, located at 502 N Carroll Ave in Southlake, Texas, presents a compelling investment opportunity. The property boasts a total of 10,623 square feet, with 1,055 square feet currently vacant, offering immediate potential for expansion or lease income. The single-building complex is situated in Tarrant County, within minutes of the DFW International Airport and the 114 Freeway, ensuring unparalleled accessibility for employees and clients. The building features ample parking, including shaded spaces, providing convenience and comfort. The traditional office layout is well-suited for a variety of professional businesses seeking a productive and well-appointed workspace. The property's strategic location in Southlake, combined with its convenient amenities and proximity to major transportation arteries, makes it an ideal choice for businesses seeking a high-profile address in a thriving market. The 1,055 square feet of vacant space presents a unique opportunity to customize the space to meet specific business needs, or to generate immediate rental income. This property offers a blend of functionality and convenience, making it an attractive option for businesses seeking a prime location in the desirable Southlake area. The zip code is 76092.

    Property Features for 502 Carroll Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,623 SF
    Class
    B
    Total Rate
    17705

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Suite 150
    Size
    1,055 SF
    Rate per SF
    $22

    HighLights

    • ±10,623 SF Class B office building in Southlake, TX (76092).
    • 1,055 SF of vacant space available.
    • Ample parking with shaded spaces.
    • Conveniently located near Southlake Town Square, DFW Airport, and the 114 Freeway.
    • Over 20 restaurants within a one‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1346842
    Latitude
    32.9467095

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    FAQs

    What type of property is this?
    Office Property Space - Prime Southlake Office Space, 10,623 SF
    Where is this office property space located?
    The property is located at 502 Carroll Ave Southlake, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: ±10,623 SF Class B office building in Southlake, TX (76092).; 1,055 SF of vacant space available.; Ample parking with shaded spaces.
    Request Owner's contact information
    502 Carroll Ave Southlake, TX 76092
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    Southlake, TX 76092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Carroll Ave Southlake, TX 76092
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