1011 Surrey LnFlower Mound, TX 75022

Property Details for 1011 Surrey Ln

Year built

2006

Lot size

1.45 AC

Property size (Sq ft)

12,002 SF

Property type

Commercial real estate

APN

R468443

APU

R468443

Description

This exceptional 3,000 square foot office space, located within the Surrey Office Park in Flower Mound's desirable submarket, presents a fantastic opportunity for businesses seeking a strategic location and efficient layout. The single-tenant occupancy offers complete control and privacy. The open floor plan is ideal for sales teams or businesses requiring cubicles, with offices conveniently situated along the perimeter. A spacious conference room, perfect for meetings and gatherings, is centrally located. A well-equipped kitchenette in the rear break room adds convenience for employees. The building itself boasts a prime location, just 10 minutes from DFW Airport, providing easy access for clients and employees traveling by air. Enjoy the added benefit of being within walking distance of numerous restaurants and shopping options, enhancing the convenience and appeal for your workforce. This property's central location in the Metroplex ensures easy commutes to both Dallas and Fort Worth, within a 20-minute radius. The total building size is 12,450 square feet, offering ample space and potential for future expansion within the complex. This property is situated near Long Prairie Rd, offering excellent visibility and accessibility. The combination of location, layout, and amenities makes this an exceptional opportunity for a discerning business.

• CAP approach

  CAP return

  Valuation

  6%

  $2,488,930

  6.5%

  $2,297,470

  7%

  $2,133,370

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,448,260

  Geo Method

  $1,444,080

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,557,110

  Retail / Commercial

  $2,330,220

  Mixed-Use / Specialty

  $2,316,690

  Hospitality / Lodging

  $1,692,870

  Office

  $2,297,470

  Institutional / Educational

  $2,406,550

  Residential Income

  $2,815,660

  Multifamily

  $3,405,950

  Automotive / Energy

  $2,062,760

  Parking / Income-Based Land

  $717,000

  Restaurant / Food Service

  $1,193,760

  Healthcare / Senior Housing

  $2,381,080

Location Insight

City

Flower Mound

County

Denton

State

Texas

Latitude

32.9986

Longitude

-97.0691

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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