One Metro Square, a 94,343 square foot, two-story office building in Farmers Branch, Texas (75234), offers a diverse range of office spaces, including traditional, executive, coworking, medical, and creative options. Located at 2655 Villa Creek Dr, this property boasts 8 suites, with a minimum divisible space of 1,077 square feet and a maximum contiguous space of 10,847 square feet. Currently, 36,623 square feet are vacant. Built in 1971 and renovated in 2014, the building sits on 5.38 acres and includes 322 parking spaces and elevators. Its strategic location off I-635 and I-35E provides easy access to major freeways, DFW and Love Field airports (within 20 minutes), Downtown Dallas (40 minutes), Legacy West (40 minutes), and Fort Worth (55 minutes). The property benefits from a large, accessible workforce, with 275,000 people within a 5-mile radius, and 68.88% of workers having a commute under 30 minutes. The well-maintained grounds are complemented by nearby shopping, dining, parks, and golf courses. This location offers businesses access to a dense employee pool and a thriving market. This is an ideal opportunity for businesses seeking a well-positioned, versatile office space in the heart of the DFW metroplex.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$14,798,029
6.5%
$13,659,719
7%
$12,684,025
Comparable approach
Method
Valuation
Relative Method
$9,661,975
Geo Method
$11,581,041
Alternative Use
Use
Valuation
Residential
$16,938,052
Hospitality
$15,515,164
Educational
$12,908,434
Medical
$13,352,375
Retail
$20,079,786
Location Insight
City
Farmers Branch
County
Dallas
State
Texas
Latitude
32.9123
Longitude
-96.8883
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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