7220 Westmoreland RdDallas, TX 75237

  • Office buildings
  • 40,248 SF
For Lease
$16/SF/YR View listing

Property Details for 7220 Westmoreland Rd

Year built
1984
Construction
FRAME
Lot size
2.36 AC
Property size (Sq ft)
40,248 SF
Zone code
Z150
Property type
Office buildings
APN
00693100A10060000
APU
00693100A10060000

Description

The Offices at Redbird, located in the Redbird submarket at the intersection of Westmoreland and Camp Wisdom Roads, offers a diverse range of office spaces ideal for various business needs. This two-story building encompasses 19,215 square feet and features a total of five suites, providing flexibility for businesses of all sizes. Currently, there are 8,083 square feet of vacant space available, divisible into units as small as 608 square feet, with a maximum contiguous space of 5,000 square feet. The building is well-suited for medical, traditional, or creative office uses, offering a versatile environment for a variety of tenants. Amenities include elevators for convenient access to both floors. The property's multi-tenant configuration allows for a collaborative and dynamic work environment. Whether your business requires a small, efficient space or a larger, more expansive layout, The Offices at Redbird provides a prime location and adaptable spaces to meet your specific requirements. The building's strategic location in the Redbird submarket offers excellent accessibility and visibility. Contact us today to schedule a viewing and explore the leasing opportunities available at this exceptional office property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,864,442
    6.5%
    $6,336,408
    7%
    $5,883,807
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,391,691
    Geo Method
    $12,049,849
  • Alternative Use

    Use
    Valuation
    Residential
    $7,857,145
    Hospitality
    $7,197,102
    Educational
    $5,987,905
    Medical
    $6,193,838
    Retail
    $9,314,519

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.6594
Longitude
-96.8821
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,603
$309,100
$1,591,000
$1,900,100
-
$309,100
$1,591,000
$1,900,100

FAQs

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