2616 Mockingbird LnDallas, TX 75235

Property Details for 2616 Mockingbird Ln

Year built

1963

Construction

TILT-UP CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

3,846 SF

Zone code

Z116

Property type

Office buildings

APN

325459000000

APU

325459000000

Description

This exceptional Dallas investment property, priced at $1,399,999, offers 6,582 square feet of flexible space in a two-story building constructed in 1963 and renovated in 2000. The property sits on a 0.31-acre lot and includes a gated, fenced yard with ample parking. The building features a garage and is situated on Mockingbird Lane, minutes from Dallas Love Field airport. Its convenient location provides easy access to major transportation arteries, including I-35, Harry Hines, Hwy 114, Loop 12, and the Dallas Tollway. The property is zoned IR (Industrial Research), allowing for versatile uses such as professional office, medical office, office/storage, printing and publishing, courier, delivery, and mail services. Its proximity to Love Field (3 minutes), DFW Airport (19 minutes), the Dallas Medical District (5 minutes), and Downtown Dallas (15 minutes) makes it highly desirable. The property is a single-tenant, NNN lease type, Class C building with 50% occupancy. The net rentable square footage is 6,665 square feet, with a price per square foot of $212.70. The property is free and clear, offering a compelling investment opportunity for owner-users or investors seeking a strong return. The property consists of two parcels: 2616 W Mockingbird Ln (6,582 sq ft building) and 2626 Felder Ct (6,534 sq ft concrete lot). There are no loading docks or dock-high doors.

• CAP approach

  CAP return

  Valuation

  6%

  $591,294

  6.5%

  $545,810

  7%

  $506,823

• Comparable approach

  Method

  Valuation

  Relative Method

  $386,069

  Geo Method

  $1,012,211

• Alternative Use

  Use

  Valuation

  Residential

  $676,804

  Hospitality

  $619,949

  Educational

  $515,790

  Medical

  $533,529

  Retail

  $802,340

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8289

Longitude

-96.8429

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].