8816 Directors RowDallas, TX 75247

  • Warehouses
  • 37,500 SF

Property Details for 8816 Directors Row

Year built
1958
Construction
TILT-UP CONCRETE
Lot size
1.30 AC
Property size (Sq ft)
37,500 SF
Zone code
Z116
Property type
Warehouses
Property subtype
Self storage facilities
APN
779299000000
APU
779299000000

Description

This exceptional 37,278-square-foot Class B warehouse, located at 8816-8820 Directors Row in Dallas, Texas, 75247, presents a compelling investment opportunity. Built in 1957 and extensively renovated in 2023, the property boasts a desirable location within an Industrial Research zoned area. The building features a substantial 16-foot ceiling height, providing ample vertical space for various industrial uses. Four dock-high doors and one drive-in door ensure efficient loading and unloading operations. The property is currently fully occupied under a multi-tenant lease arrangement. Ample parking is available with 34 total spaces. The property's strategic location in Dallas, Texas offers excellent access to major transportation arteries, making it an ideal choice for businesses requiring convenient logistics and distribution capabilities. This fully leased industrial warehouse represents a stable and potentially high-return investment opportunity in a thriving Texas market. The property's recent renovation ensures modern functionality and efficiency, minimizing future capital expenditure needs. The building's size and features make it suitable for a variety of industrial tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,896,400
    6.5%
    $11,904,400
    7%
    $11,054,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,022,920
    Geo Method
    $15,811,200
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $6,098,650
    Mixed-Use / Specialty
    $6,072,310
    Hospitality / Lodging
    $4,449,070
    Office
    $6,031,440
    Institutional / Educational
    $6,311,110
    Residential Income
    $7,384,000
    Multifamily
    $8,881,490
    Automotive / Energy
    $5,409,520
    Parking / Income-Based Land
    $1,871,310
    Restaurant / Food Service
    $3,148,430
    Healthcare / Senior Housing
    $6,231,760

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.817
Longitude
-96.8877
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
$41,242
$338,980
$1,458,240
$1,797,220
-
$338,980
$1,458,240
$1,797,220

FAQs

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