8500 Sovereign RowDallas, TX 75247

Property Details for 8500 Sovereign Row

Year built

1955

Construction

TILT-UP CONCRETE

Lot size

1.72 AC

Property size (Sq ft)

22,400 SF

Zone code

Z116

Property type

Warehouses

Property subtype

Self storage facilities

APN

778816000000

APU

778816000000

Description

This exceptional industrial property, located at 8500 & 8600 Sovereign Row in Dallas, Texas, presents a compelling value-add opportunity. Comprising two single-story buildings totaling 59,082 square feet on a 2.62-acre lot, this multi-tenant warehouse is currently 100% vacant, offering significant potential for owner-users or investors. The property features nine loading docks, including six dock-high doors, and a 12-foot ceiling height. Built in 1956, the buildings boast three suites of varying sizes (34,940 SF, 7,842 SF, and 16,300 SF), with over 9,219 SF of existing office space. Recent improvements include a new roof and updated LED lighting, minimizing immediate capital expenditures. The property benefits from a versatile shallow bay layout, making it suitable for various uses. Its prime location in the Brookhollow submarket provides unparalleled access to major transportation arteries, including Interstate 35E, Highway 114, and Highway 183, connecting to over 7 million people and key commercial and residential areas within the Dallas-Fort Worth Metroplex. The property is fully sprinklered, has heavy power, fenced and secure outside storage and parking, and is zoned IR. The APN numbers are 00000778816000000 and 00000778819000000. This is one of the largest privately-owned assets remaining in Brookhollow, offering a rare chance to capitalize on the robust DFW industrial market's high rent growth and low vacancy rates.

• Alternative Use

  Use

  Valuation

  Residential

  $3,941,865

  Hospitality

  $3,610,727

  Educational

  $3,004,082

  Medical

  $3,107,397

  Retail

  $4,673,017

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8187

Longitude

-96.8835

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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