2301 Valley View LnFarmers Branch, TX 75234

Property Details for 2301 Valley View Ln

Year built

1981

Construction

TILT-UP CONCRETE

Lot size

2.33 AC

Property size (Sq ft)

4,255 SF

Zone code

Z236

Property type

Banks

APN

24166610010010000

APU

24166610010010000

Description

This exceptional 4,433-square-foot office building, formerly a Chase Bank, presents a unique investment opportunity in the thriving Farmers Branch, Texas market. Situated on a spacious 2.32-acre lot, the property boasts ample parking, a significant advantage for employees and clients. Its strategic location at the northwest quadrant of I-35E and Valley View Lane offers unparalleled accessibility and visibility. The building's convenient proximity, just half a mile north of Interstate 635, ensures effortless commutes for those traveling from across the Dallas-Fort Worth metroplex. The single-tenant occupancy provides a streamlined management experience. The building's former use as a bank includes a drive-thru, a feature that could be repurposed or retained depending on the future tenant's needs. This traditional office space is ideal for a variety of businesses seeking a prominent location with excellent infrastructure and ample parking. The property is located in Dallas County, Texas, with the precise address being 2301 Valley View Lane, Farmers Branch, TX 75234. This presents a rare chance to acquire a well-positioned, substantial office building in a high-demand area. The property's size and location make it an attractive option for businesses seeking a significant presence in the Dallas area. The ample parking and convenient access to major highways are key selling points for this exceptional commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $961,637

  6.5%

  $887,665

  7%

  $824,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,076,357

  Geo Method

  $1,290,143

• Alternative Use

  Use

  Valuation

  Residential

  $748,778

  Hospitality

  $685,877

  Educational

  $570,642

  Medical

  $590,267

  Retail

  $887,665

Location Insight

City

Farmers Branch

County

Dallas

State

Texas

Latitude

32.9228

Longitude

-96.9022

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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