2525 Irving BlvdDallas, TX 75207

  • Office buildings
  • 9,840 SF
For Lease

Property Details for 2525 Irving Blvd

Year built
1957
Construction
TILT-UP CONCRETE
Lot size
2.59 AC
Property size (Sq ft)
9,840 SF
Zone code
Z116
Property type
Office buildings
APN
775855000000
APU
775855000000

Description

This exceptional 20,030-square-foot warehouse, located at 2525 Irving Blvd. in Dallas, Texas, presents a unique investment opportunity. Built in 1957 and extensively renovated in 2023, this single-building property sits on a generous 2.59-acre lot. The warehouse is currently available as a single, contiguous space, offering a minimum of 20,030 square feet and a maximum of 20,030 square feet. Ideal for a variety of industrial uses, the property features one loading dock, ensuring efficient loading and unloading operations. Its prime location in Dallas County, with a 75207 zip code, provides excellent access to major transportation routes and a thriving business community. The complete renovation in 2023 ensures modern functionality and efficiency, making this a turn-key solution for businesses seeking a high-quality warehouse space. This property is classified as industrial, with a warehouse subtype and multiple tenancy. The property's size and location make it an attractive option for businesses requiring substantial space and convenient access to Dallas's infrastructure. The recent renovation guarantees modern amenities and a well-maintained facility. This is a rare opportunity to acquire a fully renovated, sizable warehouse in a desirable Dallas location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,512,827
    6.5%
    $1,396,456
    7%
    $1,296,709
  • Comparable approach

    Method
    Valuation
    Relative Method
    $987,760
    Geo Method
    $2,945,998
  • Alternative Use

    Use
    Valuation
    Residential
    $1,731,605
    Hospitality
    $1,586,141
    Educational
    $1,319,650
    Medical
    $1,365,035
    Retail
    $2,052,790
2525 Irving Blvd, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7993
Longitude
-96.8425
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
$38,627
$1,299,190
$384,070
$1,683,260
-
$1,299,190
$384,070
$1,683,260

FAQs

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