10056 Marsh LnDallas, TX 75229

Property Details for 10056 Marsh Ln

Year built

1966

Construction

FRAME

Lot size

1.37 AC

Property size (Sq ft)

34,380 SF

Zone code

Z59

Property type

Office buildings

APN

538987000000

APU

538987000000

Description

This 51,300-square-foot Class B office building in Dallas, Texas, presents a compelling redevelopment opportunity. Located at 10056 Marsh Lane, this vacant property sits on a 1.98-acre lot and offers significant potential for single-tenant, multi-tenant, or medical office users. Currently zoned Z59, the building is priced at $4,400,000 ($85.77/SF). Plans are underway for a complete refurbishment and modernization. The property boasts ample parking with approximately 160 surface spaces and excellent signage opportunities. Its convenient location just north of the Walnut Hill Lane and Marsh Lane intersection provides easy access to amenities. The building is offered as a NNN lease, and the net rentable square footage is 51,300 square feet. This is an exceptional investment opportunity for those seeking a prime location and a chance to create a modern, functional office space. The property's size and zoning make it suitable for a variety of uses, including executive, medical, and creative office spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $5,285,669

  6.5%

  $4,879,080

  7%

  $4,530,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,451,136

  Geo Method

  $6,573,506

• Alternative Use

  Use

  Valuation

  Residential

  $6,050,058

  Hospitality

  $5,541,821

  Educational

  $4,610,730

  Medical

  $4,769,300

  Retail

  $7,172,246

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8824

Longitude

-96.8553

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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