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Property profile & analytics

13460 Midway Rd Farmers Branch, TX 75244-5110

  • Showrooms
  • 15,544 SF
  • 1.05 lot acres
OFF-MARKET
Last Sale
Jul 14, 2021
Value Estimations
$725,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-2735025
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Showrooms

Property Details for 13460 Midway Rd

Year built
1974
Construction
TILT-UP CONCRETE
Lot size
1.05 lot acres
Property size
15,544 SF
Zone code
Z123
Property type
Showrooms
APN
24127500010020000
APU
24127500010020000

Description

This exceptional three-story office building, totaling 11,973 square feet, presents a unique investment opportunity in Elkhart County. Constructed in 1967 and meticulously maintained, the property is in excellent condition, offering a turnkey solution for immediate occupancy. The building sits on a 0.68-acre lot and provides ample parking, a significant advantage for businesses requiring high client or employee traffic. The flexible layout caters to diverse needs, featuring private offices, modern conference rooms, collaborative open areas, and comfortable break rooms. With a minimum divisible space of 3,991 square feet, the building is ideal for a single tenant seeking a substantial space or multiple tenants seeking smaller units. The current vacancy of the entire 11,973 square feet allows for complete customization and immediate occupancy. The multi-tenant potential offers an owner-occupancy option, allowing for the generation of rental income while simultaneously utilizing a portion of the building. This versatile property is well-suited for a variety of businesses seeking a well-maintained, conveniently located, and adaptable workspace in a thriving Elkhart County market. The building's traditional office space, executive office suites, and coworking potential provide a wide range of options for prospective tenants. This is a rare opportunity to acquire a well-positioned, high-quality office building with significant upside potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $725,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $631,000
    Market price range: $406k - $631k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Farmers Branch
County
Dallas
State
Texas
Longitude
-96.8386
Latitude
32.9314
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
$133,005
$548,860
$5,701,140
$6,250,000
-
$548,860
$5,701,140
$6,250,000
More about this property
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