12989 Jupiter RdDallas, TX 75238

Property Details for 12989 Jupiter Rd

Year built

1982

Construction

FRAME

Lot size

0.16 AC

Property size (Sq ft)

2,622 SF

Zone code

Z200

Property type

Office buildings

APN

00C27200000A10100

APU

00C27200000A10100

Description

This 1,215 square foot creative office condo, located at 12989 Jupiter Road, Unit 202, Dallas, Texas 75238, is currently undergoing renovations and offers a fantastic opportunity for a small business. Built in 1982, this second-floor suite boasts a large reception area, waiting area, multiple rooms, and ample storage. A new 2023 electrical panel has been installed. The unit includes two reserved parking spaces, plus abundant open parking for clients. Its prime location offers excellent visibility, featuring prominent signage on the marquee visible from Highway 635. The property sits on a 0.08-acre lot and is ideal for a variety of uses, including insurance agencies, real estate brokerages, consulting firms, financial institutions, law offices, IT companies, call centers, medical or spa clinics, chiropractic practices, tax preparation services, and more. A large attic provides extra storage. The property is conveniently located off Eastbound 635, minutes from White Rock Lake and 15 minutes from Downtown Dallas. The HOA covers roof maintenance, water, and common area upkeep. This is a 1031 exchange eligible property, priced at $250,000.

• CAP approach

  CAP return

  Valuation

  6%

  $485,720

  6.5%

  $448,356

  7%

  $416,331

• Comparable approach

  Method

  Valuation

  Relative Method

  $322,625

  Geo Method

  $686,963

• Alternative Use

  Use

  Valuation

  Residential

  $555,962

  Hospitality

  $509,258

  Educational

  $423,697

  Medical

  $438,268

  Retail

  $659,084

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8726

Longitude

-96.6833

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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