1028 Elm St Carrollton, TX 75006-7225
This exceptional 1,069-square-foot medical office building, located at 1028 Elm St in Carrollton, Texas, presents a unique investment opportunity. Built in 1940 and situated in the heart of downtown Carrollton's historic district (TC – Historic Square zoning), this single-story building offers a blend of vintage appeal and contemporary functionality. The interior boasts a sleek design featuring stained concrete floors and an open floor plan, providing flexibility for various medical practices or retail uses. Currently vacant, this property is ready for immediate occupancy. Its prime location provides easy access to major highways, shopping, and entertainment venues, ensuring high visibility and convenient access for patients or customers. The thriving downtown Carrollton area is known for its strong community engagement, fostering a supportive environment for small businesses. This property represents a rare chance to establish a presence in a vibrant and growing community, benefiting from the area's diverse customer base and numerous community events. The property is offered as an owner/user opportunity with a NNN lease type. Don't miss this chance to own a piece of Carrollton's history while enjoying the advantages of a modern, well-located commercial space. The property is zoned for medical office use and is ready for immediate occupancy.
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Rachel Coward, Realtor Real Estate Agency
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DEN Property Group DFW Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z213 · Carrollton, TXCarrollton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.