12200 Ford RdDallas, TX 75234

Property Details for 12200 Ford Rd

Year built

1980

Construction

FRAME

Lot size

3.65 AC

Property size (Sq ft)

81,164 SF

Zone code

Z236

Property type

Commercial real estate

APN

24117620530010000

APU

24117620530010000

Description

This exceptional Dallas office complex, located at 12200-12300 Ford Road in the LBJ Corridor, offers a diverse range of traditional and executive office spaces. Comprising two four-story buildings totaling 167,859 square feet, the property boasts a Class B rating and underwent renovations in 2016. The complex provides ample parking with a ratio of 3.4 spaces per 1,000 square feet. Currently, 124,308 square feet of space is available, with units ranging from a minimum of 346 square feet to a maximum contiguous space of 7,470 square feet. Building amenities include a recently upgraded lobby, covered walkways connecting the two buildings, on-site property management, leasing services, elevator service, on-site security, and an on-site deli/catering facility. Free garage parking is also provided. The property's convenient location in Farmers Branch offers easy access to major freeways including I-635, I-35E, and the North Dallas Tollway, as well as proximity to the Farmers Branch DART Station (within 2 miles) and DFW International Airport. Enjoy stunning views of Dallas and Farmers Branch from each suite. Built in 1980, this property presents a unique opportunity to secure high-quality, affordable office space in a thriving North Dallas submarket, just a half-mile from the Farmers Branch DART Line (Green Line).

• CAP approach

  CAP return

  Valuation

  6%

  $14,142,100

  6.5%

  $13,054,300

  7%

  $12,121,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,147,410

  Geo Method

  $9,765,650

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $25,765,500

  Retail / Commercial

  $13,199,800

  Mixed-Use / Specialty

  $13,142,700

  Hospitality / Lodging

  $9,629,440

  Office

  $13,054,300

  Institutional / Educational

  $13,659,600

  Residential Income

  $15,981,700

  Multifamily

  $19,222,900

  Automotive / Energy

  $11,708,200

  Parking / Income-Based Land

  $4,050,210

  Restaurant / Food Service

  $6,814,380

  Healthcare / Senior Housing

  $13,487,900

Location Insight

City

Farmers Branch

County

Dallas

State

Texas

Latitude

32.9133

Longitude

-96.8902

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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