1304 Walnut Hill LnIrving, TX 75038

  • Office buildings
  • 46,911 SF
For Lease
$13.50/SF/YR View listing

Property Details for 1304 Walnut Hill Ln

Year built
1981
Construction
TILT-UP CONCRETE
Lot size
2.00 AC
Property size (Sq ft)
46,911 SF
Zone code
Z243
Property type
Office buildings
APN
32258370000010000
APU
32258370000010000

Description

Regent Place, a three-story Class B office building in Irving, Texas, offers exceptional medical office space. Built in 1983, this 41,336 square foot building is ideally situated in the Las Colinas submarket at 1304 W Walnut Hill Ln, zip code 75038. The property features 15 suites, with spaces ranging from a minimum of 995 square feet to a maximum contiguous space of 15,200 square feet, making it suitable for practices of various sizes. Multiple tenancy options are available. The building offers convenient covered parking, a significant advantage for both patients and staff. Its location in the thriving Las Colinas area provides easy access to a wide range of amenities and excellent visibility. This upgraded mid-rise building is perfectly suited for medical professionals such as chiropractors, physical therapists, and psychiatrists seeking a well-maintained and accessible office space. The building's prime location and flexible space options make it an attractive opportunity for establishing or expanding a medical practice. Contact us to learn more about available suites and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,212,217
    6.5%
    $6,657,432
    7%
    $6,181,900
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,709,024
    Geo Method
    $8,971,850
  • Alternative Use

    Use
    Valuation
    Residential
    $8,255,215
    Hospitality
    $7,561,732
    Educational
    $6,291,272
    Medical
    $6,507,639
    Retail
    $9,786,424
1304 Walnut Hill Ln, Irving, Texas

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.8844
Longitude
-96.9702
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
$97,365
$698,390
$3,898,730
$4,597,120
-
$698,390
$3,898,730
$4,597,120

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