2535 Manana DrDallas, TX 75220

Property Details for 2535 Manana Dr

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

1.26 AC

Property size (Sq ft)

35,168 SF

Zone code

Z116

Property type

Showrooms

APN

006509000H06B0000

APU

006509000H06B0000

Description

This exceptional investment opportunity presents a vacant, 35,233-square-foot flex space at 2535 Manana Drive in Dallas, Texas. The property, formerly the Julius Schepps Headquarters, sits on a 1.27-acre lot in a high-traffic area, offering excellent visibility. Built in 1986, this two-story building boasts a reinforced concrete structure with a 14-foot ceiling height. The layout includes a blend of industrial and office space, totaling 35,233 square feet. The industrial area comprises 14,233 square feet, while the office space encompasses 21,000 square feet. The building features three 12'W x 12'H drive-in bays, making it suitable for various industrial operations. Ample parking is available, with 85 spaces providing a 2.41 parking ratio. The asking price is $3,250,000, translating to $92.24 per square foot. This property is ideally suited for businesses seeking a versatile and strategically located space in the thriving Dallas industrial market. The property is currently vacant, presenting a unique opportunity for customization and immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $7,948,023

  6.5%

  $7,336,636

  7%

  $6,812,591

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,896,197

  Geo Method

  $23,236,810

• Alternative Use

  Use

  Valuation

  Residential

  $6,188,728

  Hospitality

  $5,668,841

  Educational

  $4,716,409

  Medical

  $4,878,614

  Retail

  $7,336,636

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8742

Longitude

-96.891

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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