2629 Stemmons FwyDallas, TX 75207
- Retail properties
- 43,034 SF
Property Details for 2629 Stemmons Fwy
- Year built
- 1979
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.23 AC
- Property size (Sq ft)
- 43,034 SF
- Zone code
- Z151
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 776364000000
- APU
- 776364000000
Description
This exceptional Dallas office property, located at 2629 N. Stemmons Fwy, offers a prime opportunity for businesses seeking high-visibility space. The property boasts a total of 43,034 square feet across two single-story buildings, built in 1979 and extensively renovated in 2023. Multiple tenancy options are available, with spaces ranging from a minimum of 1,875 square feet to a maximum contiguous space of 2,953 square feet. Currently, 4,753 square feet is vacant and ready for immediate occupancy. The property sits on 2.23 acres of land and is zoned MU-3, providing flexibility for various business types. Its strategic location at the intersection of N. Stemmons Fwy and Motor St, adjacent to I-35, ensures exceptional visibility and convenient access. The property is ideal for traditional office, medical office, or creative office uses, and its proximity to the Dallas medical district offers a significant advantage. While elevators are not present, the single-story design provides easy accessibility. The property's 1979 construction, coupled with the 2023 renovation, guarantees modern amenities and functionality. This is an excellent opportunity to establish a presence in a high-traffic area with strong daytime population. The property's APN is 00000776364000000, and it's located in Dallas County, Texas, zip code 75207.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,725,751
- 6.5%
- $8,977,617
- 7%
- $8,336,358
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,886,002
- Geo Method
- $32,467,552
-
Alternative Use
- Use
- Valuation
- Residential
- $7,572,956
- Hospitality
- $6,936,786
- Educational
- $5,771,325
- Medical
- $5,969,810
- Retail
- $8,977,617
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.8061
- Longitude
- -96.8422
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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