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    4500 Westgrove Dr Addison, TX 75001

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    For Lease
    $19 SF/Yr ($3,553 /Mo)

    Office space with hangar access and on-site management.

    Property size:
    2,187 SF
    Lot size:
    377.58 Acres

    Property Features for 4500 Westgrove Dr

    General Information

    Size
    2,187 SF
    Lot size
    377.58 Acres

    Source: Lee & Associates | Dallas/Fort Worth Agent Nathan Denton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space at Addison Airport

    This office space is located on Addison Airport and features a hangar attached to the building. The property benefits from on-site building management and reserved garage parking. The building has a unique architectural design, highlighted by a 3-story atrium. The property contains 2,187 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    X-DOT LLC Engineer Biel Partners Commercial ... Commercial Real Estate Agency King Aerospace Aircraft Maintenance Company Acrisure Aerospace Addison, ... Insurance Agency Creative Financial Pros Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dallas
    State
    Texas
    Longitude
    -96.8355735
    Latitude
    32.969597

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    FAQs

    What type of property is this?
    Office space - Office space with hangar access and on-site management.
    Where is this office space located?
    The property is located at 4500 Westgrove Dr Addison, TX.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Hangar attached to building; - Located on Addison Airport; - Architecturally unique with **3-story atrium**
    (214) 229-0611
    Request Owner's contact information
    4500 Westgrove Dr Addison, TX 75001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4500 Westgrove Dr Addison, TX 75001
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