840 Ranchview DrIrving, TX 75063

Property Details for 840 Ranchview Dr

Year built

2018

Construction

TILT-UP CONCRETE

Lot size

0.74 AC

Property size (Sq ft)

8,704 SF

Zone code

Z137

Property type

Office buildings

APN

322796100D04R0000

APU

322796100D04R0000

Description

This exceptional owner-user opportunity presents two 4,000 square foot, two-story medical or professional office condo units in a brand-new (2023) Class B building located at 840 Ranchview Drive, Irving, Texas, 75063. The property offers a total of approximately 8,000 square feet of space, with each unit featuring shell delivery, allowing for complete customization to suit individual needs. Convenient covered parking is available for tenants and visitors. The building's prime location provides excellent accessibility, situated near the intersection of I-635 and N. MacArthur Boulevard, and just minutes away from the Dallas/Fort Worth International Airport. This multi-tenant building is ideal for medical practices or other professional businesses seeking a modern, well-located space. The sale price is $375-$400 per square foot. The land value is $375-$400 per acre. This is a rare opportunity to own a new, high-quality medical office condo in a highly desirable location. Don't miss out on this chance to establish your business in a thriving area with excellent access to major transportation routes and the DFW Airport.

• CAP approach

  CAP return

  Valuation

  6%

  $1,338,175

  6.5%

  $1,235,239

  7%

  $1,147,007

• Comparable approach

  Method

  Valuation

  Relative Method

  $873,726

  Geo Method

  $1,047,265

• Alternative Use

  Use

  Valuation

  Residential

  $1,531,696

  Hospitality

  $1,403,025

  Educational

  $1,167,300

  Medical

  $1,207,446

  Retail

  $1,815,801

Location Insight

City

Irving

County

Dallas

State

Texas

Latitude

32.9184

Longitude

-96.9572

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].