5615 High Point DrIrving, TX 75038
- Commercial land
- 3.18 AC
Property Details for 5615 High Point Dr
- Lot size
- 3.18 AC
- Zone code
- Z57
- Property type
- Commercial land
- APN
- 65021654010010200
- APU
- 65021654010010200
Description
This exceptional 10-story, Class A office building, totaling 223,498 square feet of rentable space, is situated in the highly desirable Las Colinas submarket of Irving, Texas. Built in 1981 and extensively renovated in 2007, the property boasts a modern and attractive design. The building features a spacious atrium, with 22,349 square foot floor plates offering flexibility for either single-tenant occupancy or efficient multi-tenant leasing. Amenities include a fitness center, locker rooms, a conference center, tenant lounge, and a cafeteria. Ample parking is provided with a 4.65/1,000 SF ratio. The 7.54-acre site also presents significant potential for future expansion. Located at the intersection of John W. Carpenter Freeway (SH-114) and President George Bush Turnpike (SH-161), this property offers unparalleled access to the entire Dallas-Fort Worth Metroplex, with convenient proximity to DFW Airport and a wealth of affordable housing options. Irving's concentration of Fortune 1000 headquarters further enhances the property's desirability. The property is currently vacant, presenting a unique opportunity for acquisition on a fee-simple basis, free and clear of existing financing. This prime location in one of the nation's fastest-growing markets makes this a compelling investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $24,399,262
- Hospitality
- $22,349,592
- Educational
- $18,594,598
- Medical
- $19,234,096
- Retail
- $28,924,932
Location Insight
- City
- Irving
- County
- Dallas
- State
- Texas
- Latitude
- 32.8909
- Longitude
- -96.9751
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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