2118 California Crossing RdDallas, TX 75220

  • Commercial land
  • 38.76 AC

Property Details for 2118 California Crossing Rd

Lot size
38.76 AC
Property type
Commercial land
APN
806788100000
APU
806788100000

Description

This exceptional 38.76-acre industrial land parcel in Dallas, Texas, presents a unique investment opportunity. Located within the East Hines/North Stemmons industrial submarkets, this property benefits from its proximity to major population centers in the DFW metroplex, offering easy access to key transportation arteries including TX-Loop 12, Interstate 35, Interstate 183, Interstate 114, and Spur 482 (with direct Loop 12 connection anticipated in early 2023). Less than seven miles from downtown Dallas, two miles from Las Colinas, and twelve miles from DFW Airport, this infill location provides unparalleled convenience. The site boasts existing Industrial Research (IR) zoning, permitting a wide range of uses including heavy equipment storage, fleet storage, and vehicle service centers. Its strategic location less than half a mile from major material suppliers like Vulcan Materials, Martin Marietta, and Big City Crushed Concrete, ensures high demand for secure trailer parking, crucial for businesses relying on daily material pickups. The property features a pre-existing nine-inch aggregate crush concrete base, designed to accommodate heavy truck and trailer storage. With approximately 27 acres of net usable land and 21 acres of net buildable land, this property offers significant potential for development or continued use as a high-demand trailer parking facility. The East Hines submarket, characterized by a low 3.4% vacancy rate and limited new supply, makes this a highly sought-after location. The high concentration of trucking activity in the area further underscores the property's exceptional value and potential for strong returns.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $297,115,584
    Hospitality
    $272,156,288
    Educational
    $226,430,832
    Medical
    $234,218,128
    Retail
    $352,225,728

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8637
Longitude
-96.9106
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
$10,673
$465,120
-
$465,120
-
$465,120
-
$465,120

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