9250 Amberton PkwyDallas, TX 75243

Property Details for 9250 Amberton Pkwy

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

2.71 AC

Property size (Sq ft)

43,498 SF

Zone code

Z239

Property type

Office properties

Property subtype

Office buildings

APN

008416000M03A0000

APU

008416000M03A0000

Description

This exceptional 38,794-square-foot Class B office building, located at 9250 Amberton Parkway in Dallas, Texas, presents a unique investment opportunity. Built in 1978 and renovated in 2006, the single-story structure sits on 2.71 acres and offers ample parking (130 spaces, a 3.25/1,000 ratio). The property boasts 1200 Amps of power, making it suitable for various uses. Currently vacant, this adaptable space is zoned PD and features a flexible floor plan, allowing for divisibility. Furniture may be included in the sale. The building's previous tenant, Texas Health Resources, had a lease expiring December 25th, but has agreed to an early termination. Operating expenses currently cover only taxes and insurance, as the previous tenant managed building maintenance. New tenants can choose self-management or contract a third-party. Common area maintenance (CAM) charges will be determined based on the services the landlord provides. Ideal uses include schools, trade schools, R&D facilities, and laboratories. The property's location in the North Lake Highlands submarket of Dallas (zip code 75243) offers excellent accessibility. This is a rare chance to acquire a substantial, versatile property with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $8,057,906

  6.5%

  $7,438,066

  7%

  $6,906,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,352,230

  Geo Method

  $5,233,680

• Alternative Use

  Use

  Valuation

  Residential

  $9,223,202

  Hospitality

  $8,448,404

  Educational

  $7,028,973

  Medical

  $7,270,710

  Retail

  $10,933,958

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.9183

Longitude

-96.7406

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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