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Property profile & analytics
FOR LEASE
Showrooms
2155 Chenault Dr Carrollton, TX 75006
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-3480450
For Lease
1 / 6
$13.50 SF/Yr
2155 Chenault Dr, Carrollton, TX 75006
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Property summary
AI-generated overview
The Avion Business Center, a three-building business park in Carrollton, Texas (zip code 75006), offers exceptional office and warehouse space. Located at 2155 Chenault Drive, this Class B property boasts a total of 77,337 square feet, with flexible spaces ranging from 2,403 to 18,447 contiguous square feet currently available. A significant 24,278 square feet is vacant and ready for immediate occupancy. The property features convenient access to major thoroughfares including the Dallas North Tollway, President George Bush Turnpike (PGBT), I-635, and I-35, ensuring easy commutes for employees and clients. Two prominent monument signs provide excellent visibility and tenant recognition. The property is meticulously landscaped and maintained, creating a professional and welcoming environment. Tenants enjoy individual HVAC control, allowing for customized comfort settings. The Avion Business Center offers ample parking with a ratio of 4.7 spaces per 1,000 square feet. This multi-tenant property is situated in Dallas County and presents a unique opportunity for businesses seeking flexible and well-located office and warehouse space in the thriving Carrollton market.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1984
Construction
TILT-UP CONCRETE
Total area
27,476 SF
Lot
5.45 ac (237,271 SF)
Zoning code
Z123
APN
140537000F01D0000
UPID
US83-3480450
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Yokogawa Corporation of America Industrial Manufacturer Production Facility
-
DFW Dental Office
-
RPG Dungeons Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
FedEx Drop Box Postal Service Courier Service
-
First Team LED Video Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.71M
Comparable Approach
Comparable
$5.20M
Blend (final)
Blend
$5.45M
Owner & transaction history
Avion Business Center LLC · 6 yrs held
Avion Business Center LLC
since 2020
7 recorded transactions
Zoning & alternative use
Z123 · Carrollton, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+15.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,180,000
6.5%
$5,705,000
7%
$5,300,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,560,000
Current use
OFFICE BUILDING
$4,115,000
Change: +16% · Conversion: Easy
RESTAURANT
$3,555,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.45M
Range $4.91M – $6.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$198 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$103,529
Tax year 2023
Assessed value
$4,900,000
Assessed 2023
Previous assessed
$4,900,000
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$1,067,720
Assessed improvement
$3,832,280
Land market value
$1,067,720
Improvement market value
$3,832,280
Total market value
$4,900,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
27,476 SF
Lot
5.45 ac (237,271 SF)
Zoning code
Z123
APN
140537000F01D0000
UPID
US83-3480450
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Carrollton, TX
Zoning Z123 · permitted uses
Z123 · Carrollton, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.6M
OFFICE BUILDING
Est. value
$4.1M
RESTAURANT
Est. value
$3.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
5.45 ac
Current owner
From public records · entity-resolved
Avion Business Center LLC
Entity
Mailing address
1301 W 7TH ST STE #141, FORT WORTH, TX 76102-2652
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
—
Avion Business Center LLC
—
Deed
related
$2,000,000 · Texas Bank And Trust Co
Feb 12, 2020
—
Avion Business Center LLC
Cci Mbm Xi LP
Special Warranty Deed
$2,000,000 · Texas Bank And Trust Co
Oct 8, 2019
—
Cci-mbm Xi LP
—
Deed
related
$198,395 · Guaranty Bk
Mar 7, 2019
—
Cci Mbm Xi
—
Deed
related
$250,000 · Guaranty Bank & Trust
Feb 1, 2019
—
Cci Mbm Xi LP
Hartman Income Reit Operating Partn
Special Warranty Deed
$1,500,000 · Paul Mohtares
Dec 20, 2016
—
Cci-mbm Xi LP
—
Deed
related
$2,250,000 · Independent Bk
Aug 26, 2009
—
Hartman Income Reit Operating
—
Deed Of Trust
related
$30,000,000 · Texas Capital Bank NA
Feb 22, 2008
—
Hartman Income Props Xviii Ltd
Dmv Sub 2
Grant Deed
$25,000,000 · Franklin Bank
—
—
Cci-mbm Xi LP
—
Loan Modification
related
$198,395 · Guaranty Bk
—
—
Cci-mbm Xi LP
—
Loan Modification
related
$2,250,000 · Independent Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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