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    2423 Merrell Rd Dallas, TX 75229

    For Lease
    $12 SF/Yr

    Single-tenant industrial warehouse, Dallas County.

    Lot size:
    21,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 21,600-square-foot industrial warehouse is ideally situated in Dallas County. The property boasts a single-tenant occupancy, offering a streamlined and efficient operational environment. Built in 1970, this Class B building sits on a 0.99-acre lot and presents a significant opportunity for businesses seeking a substantial space. The entire 21,600 square feet is available, with no possibility of dividing the space. The warehouse features a total of one building, and while it does not currently have loading docks, its ample size and location make it highly adaptable to various operational needs. The property's single-tenant configuration provides stability and simplifies management, making it an attractive investment for owner-occupiers or investors seeking a straightforward, well-located industrial asset. Its size and location in Dallas County offer excellent access to transportation routes and a robust workforce. This is a rare opportunity to acquire a substantial, single-tenant warehouse in a prime Dallas County location. The property's straightforward layout and substantial square footage make it suitable for a wide range of industrial uses. Serious inquiries are encouraged.

    Property Features for 2423 Merrell Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,600 SF
    Class
    B
    Total Rate
    21600

    Building Details

    Year Built
    1970
    Buildings
    1

    Unit(s) available at that property

    Space
    Building
    Size
    21,600 SF
    Rate per SF
    $12

    HighLights

    • 21,600 SF industrial warehouse in Dallas County.
    • Single‑tenant occupancy.
    • 0.99‑acre lot.
    • Class B building constructed in 1970.
    • No loading docks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Hail Company Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8966385
    Latitude
    32.888501

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    FAQs

    What type of property is this?
    Distribution property - Single-tenant industrial warehouse, Dallas County.
    Where is this distribution property located?
    The property is located at 2423 Merrell Rd Dallas, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 21,600 SF industrial warehouse in Dallas County.; Single-tenant occupancy.; 0.99-acre lot.
    Request Owner's contact information
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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
    2423 Merrell Rd Dallas, TX 75229
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