4798 Iberia AveDallas, TX 75207

For Sale
  • Industrial properties
  • 2,786 SF

Property Details for 4798 Iberia Ave

Year built
2018
Construction
FRAME
Lot size
0.44 AC
Property size (Sq ft)
2,786 SF
Zone code
Z149
Property type
Industrial properties
Property subtype
Loft space
APN
815125000000
APU
815125000000

Description

This exceptional 5,486 square foot, multi-use property, built in 2021, presents a unique opportunity in the heart of Dallas, Texas. Situated on a 0.44-acre lot, the property boasts two modern buildings constructed with commercial-grade materials and a high-end finish. The main structure, ideal for a showroom with private offices, features a gourmet kitchen equipped with stainless steel countertops and top-of-the-line appliances, including a Blue Star 8-burner gas range, double oven, and built-in Dacor refrigerator and freezer. A second building, perfect for office space, a showroom, or a separate living area, includes two full baths and a full kitchen. Both buildings offer ample natural light with windows overlooking a central courtyard, pre-plumbed for an outdoor kitchen and pool. The property includes new utility lines (gas, water, wastewater, and underground electricity), custom brick exterior walls with SWD open-cell foam insulation, a commercial-grade TPO roof, and pre-plumbing for rooftop solar panels. Interior features include a smart home system with a tech hub closet, Cat6 Ethernet and cable ports in every room, a Ubiquiti commercial security camera system, Hue lighting, and designer tile and lighting fixtures. The property benefits from MU-1 zoning, allowing for versatile uses such as live/work, office/showroom, or retail/showroom. Its strategic location provides easy access to major highways (I-30, I-35, and the Dallas North Tollway), Downtown Dallas, the Medical District, Uptown, Victory Park, and the Dallas Design District. Proximity to Love Field and DFW International Airport further enhances its appeal. This property offers maximum privacy, security, and exclusivity, backing up to Turtle Creek. This is a truly unique commercial or residential opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $531,125
    6.5%
    $490,269
    7%
    $455,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $433,480
    Geo Method
    $1,292,856
  • Alternative Use

    Use
    Valuation
    Residential
    $490,269
    Hospitality
    $449,084
    Educational
    $373,633
    Medical
    $386,483
    Retail
    $581,206
4798 Iberia Ave, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8045
Longitude
-96.8471
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
$13,225
$426,450
$308,550
$735,000
-
$426,450
$308,550
$735,000

FAQs

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