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Property profile & analytics
OFF-MARKET Estimated value $1,325,000
Warehouses

2828 Nagle St Dallas, TX 75220-4530

50,000 SF 2.61 ac lot Built 1951
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US83-0420400
Property summary
AI-generated overview

This exceptional 55,000-square-foot industrial property, located at 2828 Nagel Street in Dallas, offers a significant opportunity for businesses seeking flexible and strategically located space. Currently, 30,000 square feet of immediately available space is perfect for a variety of uses, including flex and distribution operations. The building features a strong, long-term tenant, providing stability and income potential. Its prime location offers unparalleled access to major transportation arteries, including I-35, LBJ Freeway, Highway 183, and Loop 12, ensuring efficient logistics and distribution. The property's proximity to both Dallas/Fort Worth International Airport and Love Field (within a 10-20 minute drive) further enhances its appeal. The site presents a compelling redevelopment opportunity for future expansion or adaptation to evolving business needs. This property benefits from its location within a high-demand industrial submarket, experiencing above-average demand. Adding to its convenience, a Dart Rail line is nearby, providing employees with convenient public transportation access. The maximum contiguous space available is 30,000 square feet, ideal for a single tenant or easily divisible for multiple occupants. This is a rare opportunity to secure a well-positioned industrial property with significant upside potential.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1951
Construction TILT-UP CONCRETE
Total area 50,000 SF
Lot 2.61 ac (113,604 SF)
Zoning code Z116
APN 433552000000
UPID US83-0420400
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
  • Dalmex Recycling Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.33M
Owner & transaction history
Plano Central Investments LLC · 5 yrs held
Plano Central Investments LLC
since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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