3918 Harry Hines BlvdDallas, TX 75219

  • Office buildings
  • 10,976 SF
For Lease
$26/SF/YR View listing

Property Details for 3918 Harry Hines Blvd

Year built
1954
Construction
TILT-UP CONCRETE
Lot size
0.99 AC
Property size (Sq ft)
10,976 SF
Zone code
Z239
Property type
Office buildings
APN
210232000000
APU
210232000000

Description

This exceptional three-story, 22,438-square-foot office building, constructed in 1954 and extensively renovated in 2023, presents a unique investment opportunity in Dallas County. Located on Harry Hines Boulevard, west of Old Parkland and east of the Design District, this Class B property offers unparalleled convenience and accessibility. The building features a secure, gated, and well-lit parking lot with excellent availability, a significant advantage in this desirable area. Multiple tenancy options are available, ranging from 1,226 square feet to the entire 22,438 square feet. Several move-in-ready, state-of-the-art executive office suites are immediately available, showcasing high ceilings and modern glass offices. Additionally, clean shell spaces provide the flexibility to create custom layouts tailored to specific business needs. The building also includes a small third-floor loft area and roof access, along with convenient grade-level roll-up door access. Interior features include exposed red brick and updated LED lighting. This property is ideally suited for a single-tenant user seeking a prestigious location or for an investor looking for a multi-tenant income-generating asset. The 0.99-acre lot provides ample space and parking. This is a rare opportunity to acquire a well-maintained, versatile office building in a thriving Dallas location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,687,478
    6.5%
    $1,557,672
    7%
    $1,446,410
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,101,794
    Geo Method
    $3,286,105
  • Alternative Use

    Use
    Valuation
    Residential
    $1,931,514
    Hospitality
    $1,769,256
    Educational
    $1,472,000
    Medical
    $1,522,625
    Retail
    $2,289,778

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8032
Longitude
-96.8187
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
$121,623
$1,073,750
$4,226,250
$5,300,000
-
$1,073,750
$4,226,250
$5,300,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].