4002 Belt Line RdAddison, TX 75001

Property Details for 4002 Belt Line Rd

Year built

1983

Construction

FRAME

Lot size

8.14 AC

Property size (Sq ft)

95,983 SF

Zone code

Z236

Property type

Office buildings

APN

10005370000010000

APU

10005370000010000

Description

This exceptional two-story Class B office building, situated on a generous 8.14-acre lot in the heart of Addison, Texas, presents a unique opportunity for businesses seeking executive office space. Built in 1983, the Forum I building offers a total of 25,354 square feet of well-maintained office space. The property is currently configured for multiple tenancies, with two immediately available suites ranging from 1,997 to 2,588 contiguous square feet. This allows for flexibility to accommodate various business needs and sizes. The building's location at 4002 Belt Line Rd., Addison, TX 75001, provides excellent access to major transportation arteries, ensuring convenient commutes for employees and clients. The property's ample parking and strategic location within the thriving Dallas County business district make it an ideal choice for companies seeking a prestigious and functional workspace. The building's single structure design simplifies management and maintenance, offering a streamlined and efficient environment for tenants. This is a rare opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $24,343,688

  6.5%

  $22,471,096

  7%

  $20,866,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,580,005

  Geo Method

  $11,548,675

• Alternative Use

  Use

  Valuation

  Residential

  $27,864,160

  Hospitality

  $25,523,420

  Educational

  $21,235,186

  Medical

  $21,965,498

  Retail

  $33,032,512

Location Insight

City

Addison

County

Dallas

State

Texas

Latitude

32.9524

Longitude

-96.8468

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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