1957 Irving BlvdIrving, TX 75060

  • Office buildings
  • 5,400 SF
For Sale
$1,500,000 View listing

Property Details for 1957 Irving Blvd

Year built
1982
Construction
TILT-UP CONCRETE
Lot size
0.47 AC
Property size (Sq ft)
5,400 SF
Zone code
Z392
Property type
Office buildings
APN
32292500000050000
APU
32292500000050000

Description

This exceptional 5,400 square foot production studio, situated on a 0.47-acre lot at 1957 E Irving Boulevard in Irving, Texas, presents a unique investment opportunity. Ideally located within the Dallas-Fort Worth Metroplex, this fully operational facility is meticulously designed to cater to the most demanding professional production requirements. The expansive studio area provides ample space for set construction, green screen filming, and large-scale productions, offering unparalleled flexibility and customization. High ceilings accommodate complex lighting setups and substantial set pieces, while a comprehensive lighting grid with pre-installed, adjustable fixtures ensures optimal illumination. A luxurious green room, complete with comfortable seating, dedicated makeup stations, and a private restroom, provides a comfortable and convenient space for talent and crew. A sophisticated control room and a modern conference room further enhance the functionality of this exceptional property, making it perfect for production meetings, script read-throughs, and collaborative work. This turnkey facility is ideally suited for film and television productions, commercial shoots, music videos, photography sessions, live broadcasts, and webinars. Priced at $1,500,000, this property represents an exceptional value in the thriving DFW media market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $920,989
    6.5%
    $850,144
    7%
    $789,420
  • Comparable approach

    Method
    Valuation
    Relative Method
    $589,225
    Geo Method
    $1,616,706
  • Alternative Use

    Use
    Valuation
    Residential
    $1,054,179
    Hospitality
    $965,622
    Educational
    $803,386
    Medical
    $831,016
    Retail
    $1,249,712

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.8043
Longitude
-96.9173
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
$18,227
$82,500
$760,400
$842,900
-
$82,500
$760,400
$842,900

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