918 Dragon StDallas, TX 75207

Property Details for 918 Dragon St

Year built

1952

Construction

TILT-UP CONCRETE

Lot size

0.62 AC

Property size (Sq ft)

12,000 SF

Zone code

Z239

Property type

Showrooms

APN

108781000000

APU

108781000000

Description

This exceptional 17,650-square-foot warehouse, located at 918 Dragon St. in Dallas, Texas, presents a compelling investment opportunity. Built in 1952, this single-building property sits on a 0.62-acre lot and offers a multi-tenant configuration, ideal for diverse business needs. The warehouse boasts one loading dock, ensuring efficient goods handling. Ample parking is available, with a ratio of 1.02 parking spaces per 1,000 square feet, accommodating both tenants and their clients. The property's location in Dallas, zip code 75207, within Dallas County, provides excellent access to major transportation routes and a thriving business community. The property's classification as industrial and its warehouse subtype make it suitable for a variety of uses, from storage and distribution to light manufacturing. Its established age and multi-tenant setup offer a solid foundation for immediate income generation and long-term growth potential. The property's size and features make it a highly attractive option for investors seeking a well-located, functional industrial space in a dynamic Texas market. This is a rare opportunity to acquire a well-positioned warehouse in a prime Dallas location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,712,019

  6.5%

  $2,503,402

  7%

  $2,324,588

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,035,554

  Geo Method

  $9,053,554

• Alternative Use

  Use

  Valuation

  Residential

  $2,111,713

  Hospitality

  $1,934,318

  Educational

  $1,609,330

  Medical

  $1,664,677

  Retail

  $2,503,402

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7857

Longitude

-96.815

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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