14024 Josey LnFarmers Branch, TX 75234

Property Details for 14024 Josey Ln

Year built

1986

Construction

TILT-UP CONCRETE

Lot size

1.44 AC

Property size (Sq ft)

15,730 SF

Zone code

Z141

Property type

Retail space

APN

242252500A0020000

APU

242252500A0020000

Description

This exceptional 7,667-square-foot retail property, located at 14024 Josey Ln in Farmers Branch, Texas, 75234, presents a unique investment opportunity. The single-story building, situated on a highly visible parcel on Josey Lane near Valwood Parkway, offers excellent exposure to significant traffic. Currently fully vacant, the property comprises two suites, providing flexibility for various retail concepts. The zoning is designated as Local Retail District-2 (LR-2), allowing for a range of retail uses. The building boasts a total of 7,667 square feet, with each suite offering ample space for a variety of businesses. This location benefits from strong co-tenancy with established businesses including Family Dollar, Advanced Auto Parts, El Rancho Supermercado, Planet Fitness, and CVS, creating a vibrant and attractive retail environment. The property is ideally suited for a single tenant seeking a large space or multiple tenants looking for smaller units. This is a rare opportunity to acquire a well-located retail space in a thriving area of Farmers Branch. The property features no elevators. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $3,555,004

  6.5%

  $3,281,543

  7%

  $3,047,147

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,979,105

  Geo Method

  $4,769,436

• Alternative Use

  Use

  Valuation

  Residential

  $2,768,104

  Hospitality

  $2,535,568

  Educational

  $2,109,563

  Medical

  $2,182,114

  Retail

  $3,281,543

Location Insight

City

Farmers Branch

County

Dallas

State

Texas

Latitude

32.937

Longitude

-96.89

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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