1420 Mockingbird LnDallas, TX 75247

Property Details for 1420 Mockingbird Ln

Year built

1984

Construction

FRAME

Lot size

6.72 AC

Property size (Sq ft)

161,744 SF

Zone code

Z151

Property type

Office buildings

APN

778557800000

APU

778557800000

Description

One Mockingbird, located at 1420 W. Mockingbird Ln, Dallas, TX 75247, offers 30,000 square feet of immediately available Class A office space in a newly renovated eight-story building totaling 157,300 square feet. Built in 1984 and completely remodeled in 2021, this property boasts updated lobbies, restrooms, and common areas. The building features a fitness center with showers, a bookable conference center, and ample parking in a three-story structured garage with 24-hour card-key access. On-site amenities include 24/7 security, nightly janitorial services, a day porter, and onsite property management, engineering, and banking. The flexible space allows for leases ranging from 700 to 19,998 contiguous square feet, accommodating various business needs. Situated in the West Love submarket of Dallas County, this MU-3 zoned property provides convenient access to I-35 and Mockingbird Lane, placing it near Dallas Love Field (2 miles) and public transportation. Its proximity to the growing Dallas Medical District further enhances its appeal. The 6.72-acre site offers a total of 476 parking spaces. This exceptional location within the Metroplex offers a prime opportunity for businesses seeking modern, well-maintained office space with extensive amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $28,182,500

  6.5%

  $26,014,600

  7%

  $24,156,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,236,200

  Geo Method

  $42,603,100

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $51,345,600

  Retail / Commercial

  $26,304,600

  Mixed-Use / Specialty

  $26,190,900

  Hospitality / Lodging

  $19,189,600

  Institutional / Educational

  $27,220,900

  Residential Income

  $31,848,500

  Multifamily

  $38,307,400

  Automotive / Energy

  $23,332,200

  Parking / Income-Based Land

  $8,071,280

  Restaurant / Food Service

  $13,579,700

  Healthcare / Senior Housing

  $26,878,700

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8209

Longitude

-96.8644

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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