8226 Douglas AveDallas, TX 75225

  • Office buildings
  • 113,578 SF
For Lease
$32/SF/YR View listing

Property Details for 8226 Douglas Ave

Year built
1967
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
113,578 SF
Zone code
Z239
Property type
Office buildings
APN
422482000000
APU
422482000000

Description

Douglas Plaza, located at 8226 Douglas Ave in Dallas, Texas 75225, offers exceptional office space in the heart of Preston Center. This eight-story building boasts a total of 95,496 square feet, with multiple tenancy options available. Individual suites range from a minimum of 1,667 square feet to a maximum contiguous space of 7,967 square feet, with 41,988 square feet currently vacant. The building's prime location provides unparalleled convenience and accessibility. Situated within walking distance of upscale dining, shopping, a Hilton Hotel, and high-rise residential condos, it offers a vibrant and convenient work environment. The surrounding area includes the affluent neighborhoods of Highland Park, University Park, and Preston Hollow. Douglas Plaza benefits from excellent connectivity, with direct and quick access to Downtown Dallas, the Galleria, Love Field, North Dallas, and all major hospital communities via the Dallas North Tollway. Public transportation is also readily available, as the building is conveniently located on a DART bus route. This is an exceptional opportunity to secure high-quality office space in one of Dallas' most desirable locations. The building offers a traditional office setting as well as executive office options, catering to a variety of business needs. Contact us today to learn more about the available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,502,874
    6.5%
    $19,848,806
    7%
    $18,431,034
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,149,416
    Geo Method
    $29,797,296
  • Alternative Use

    Use
    Valuation
    Residential
    $24,612,520
    Hospitality
    $22,544,936
    Educational
    $18,757,122
    Medical
    $19,402,208
    Retail
    $29,177,746

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8633
Longitude
-96.808
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
$216,278
$7,056,000
$2,894,000
$9,950,000
-
$7,056,000
$2,894,000
$9,950,000

FAQs

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