8700 Stemmons FwyDallas, TX 75247

Property Details for 8700 Stemmons Fwy

Year built

1972

Construction

FRAME

Lot size

8.30 AC

Property size (Sq ft)

270,436 SF

Zone code

Z151

Property type

Office buildings

APN

576114000000

APU

576114000000

Description

This Class A, four-story office building at 8700 N Stemmons Fwy in Dallas, Texas offers 250,963 square feet of versatile space. Currently, 80,487 square feet is vacant, divisible into units ranging from 978 to 34,405 contiguous square feet. Suitable for various office uses including executive, traditional, medical, creative, coworking, and call center operations, the building boasts a unique indoor atrium with bench seating and skylights, creating a comfortable common area. Built in 1972 and renovated in 2014, the property provides ample amenities, including on-site property management, engineering, and 24/7 security. A convenient deli and covered parking garage (1514 spaces) are also available. Its prime location on I-35 East offers easy access, situated 3.5 miles from Dallas Love Field and 15 minutes from DFW Airport. Dallas County location and zip code 75247. This exceptional property presents a rare opportunity for businesses seeking high-quality office space in a desirable Dallas location.

• CAP approach

  CAP return

  Valuation

  6%

  $41,577,524

  6.5%

  $38,379,252

  7%

  $35,637,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,146,926

  Geo Method

  $71,169,960

• Alternative Use

  Use

  Valuation

  Residential

  $47,590,272

  Hospitality

  $43,592,432

  Educational

  $36,268,392

  Medical

  $37,515,720

  Retail

  $56,417,500

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8315

Longitude

-96.8731

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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