Technical
Financial
Distress signals
Property profile

1028 Elm St Carrollton, TX 75006

OFF-MARKET
Retail space
Property ID
US82-3997760
1,064 SF 0.12 ac lot Built 1940
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction FRAME
Total area 1,064 SF
Lot 0.12 ac (5,150 SF)
Zoning code Z213
APN 14000500130020000
UPID US82-3997760

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency

Location

1028 Elm St Carrollton, TX 75006-7225
Carrollton metro Census 13729 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2016
6 recorded transactions
2025
Price N/A
2016
Price N/A
2011
Price N/A
2011
Price N/A
2011
Price N/A
1969
Price N/A

Zoning & alternative use

Z213 · Carrollton, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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