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1012 S Elm St 1,750 SF Office Building Carrollton, TX 75006 $1,000,000 ($571.43/SF)
INVESTMENT HIGHLIGHTS
- Located in Historic Downtown Carrollton, one block from concentrated retail/restaurant traffic
- Strong visibility: right off high-traffic intersection and major highway access
- Close proximity to national brands and active day/night population, enhancing retail/residential potential
- Zoned for Mixed-Use Multifamily with three-story build-out potential
- 1,750?SF existing building on .16-acre lot; ideal for reposition, redevelopment or owner-occupancy
- Priced to allow value-add upside and strategic redevelopment in a desirable submarket
EXECUTIVE SUMMARY
Presenting a unique redevelopment opportunity in the heart of the historic downtown Carrollton district. Located at 1012?S?Elm?St, this single-story 1,750?SF building (built in 1958) sits on approximately 0.16 acres of land. The site is currently zoned for “Mix-Use Multifamily” and allows for up to three-story redevelopment, making it ideal for an owner-user, investor, or developer seeking to leverage strong visibility and foot traffic in a growing, revitalized district.
The property benefits from high exposure just off major thoroughfares and is within walking distance of nationally recognized retailers and vibrant retail corridors. With its flexible zoning and redevelopment potential, this is a rare turn-key opportunity to acquire value in a proven retail/residential node.
The property benefits from high exposure just off major thoroughfares and is within walking distance of nationally recognized retailers and vibrant retail corridors. With its flexible zoning and redevelopment potential, this is a rare turn-key opportunity to acquire value in a proven retail/residential node.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
1,750 SF
Building Class
C
Year Built
1958
Price
$1,000,000
Price Per SF
$571.43
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,750 SF
Building FAR
0.26
Lot Size
0.16 AC
Zoning
ODC - Commercial
Parking
7 Spaces (4 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 14000500130100000 | Improvements Assessment | $174,960 |
| Land Assessment | $68,400 | Total Assessment | $243,360 |
PROPERTY TAXES
Parcel Number
14000500130100000
Land Assessment
$68,400
Improvements Assessment
$174,960
Total Assessment
$243,360
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1012 S Elm St
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