2741 Belt Line RdCarrollton, TX 75006

  • Retail properties
  • 33,470 SF
For Lease
$24/SF/YR View listing

Property Details for 2741 Belt Line Rd

Year built
1979
Construction
TILT-UP CONCRETE
Lot size
2.28 AC
Property size (Sq ft)
33,470 SF
Zone code
Z123
Property type
Retail properties
Property subtype
Strip malls
APN
14002600000010700
APU
14002600000010700

Description

Addison Square, located at 2741 E Belt Line Rd, Carrollton, TX 75006, presents a unique opportunity for businesses seeking versatile office space. This single-story, 33,980 square foot building, constructed in 1979 and extensively renovated in 2025, offers a variety of configurations to suit diverse needs. The property boasts 11 suites, with spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 4,773 square feet, accommodating businesses of all sizes. The building's zoning allows for retail, medical, and traditional office uses, providing flexibility for a wide range of tenants. Ample parking is available with 125 spaces. The building features an impressive 11-foot ceiling height, contributing to a spacious and modern feel. Situated on 2.25 acres of land, with Marsh Ln as a cross street, Addison Square benefits from excellent visibility and accessibility. Over $700,000 in exterior upgrades are planned for completion in April 2025, further enhancing the property's appeal and value. This is a prime opportunity to secure office space in a well-maintained and strategically located building within the thriving Carrollton market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,478,578
    6.5%
    $11,518,688
    7%
    $10,695,924
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,569,565
    Geo Method
    $10,148,318
  • Alternative Use

    Use
    Valuation
    Residential
    $9,716,444
    Hospitality
    $8,900,210
    Educational
    $7,404,870
    Medical
    $7,659,536
    Retail
    $11,518,688
2741 Belt Line Rd, Carrollton, Texas

Location Insight

City
Carrollton
County
Dallas
State
Texas
Latitude
32.9539
Longitude
-96.8568
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,857
$694,430
$1,795,570
$2,490,000
-
$694,430
$1,795,570
$2,490,000

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