15851 Dallas PkwyAddison, TX 75001

Property Details for 15851 Dallas Pkwy

Year built

1983

Construction

FRAME

Lot size

3.88 AC

Property size (Sq ft)

301,000 SF

Zone code

Z236

Property type

Office buildings

APN

10000510000010000

APU

10000510000010000

Description

This Class A Addison, Texas office building, located at 15851 Dallas Parkway Suite 600, offers 23,980 square feet of premium workspace. The building, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The property boasts a variety of options, including private, fully furnished, and equipped offices suitable for individuals or large companies. These range from serviced and custom offices to disaster recovery spaces and day offices, offering flexible access. Amenities include state-of-the-art videoconferencing facilities. The building is conveniently located near a hotel, making client meetings easy. Its stunning architecture and surrounding greenery create a calming and productive work environment. The building includes elevators and is situated in Dallas County, Texas, zip code 75001. A benefits program with exclusive discounts and procurement support is also available. This property is ideal for businesses seeking flexible, modern, and well-equipped office space in a prime Addison location.

• CAP approach

  CAP return

  Valuation

  6%

  $59,747,448

  6.5%

  $55,151,492

  7%

  $51,212,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $43,109,624

  Geo Method

  $36,216,320

• Alternative Use

  Use

  Valuation

  Residential

  $68,387,848

  Hospitality

  $62,642,904

  Educational

  $52,118,160

  Medical

  $53,910,584

  Retail

  $81,072,696

Location Insight

City

Addison

County

Dallas

State

Texas

Latitude

32.9654

Longitude

-96.823

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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