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    2407 Stemmons Fwy Lewisville, TX 75067

    Sponsored
    For Sale
    Contact for pricing

    Prime Dallas industrial land, multiple tenants possible.

    Property size:
    186,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.48-acre industrial land parcel, located at 9800 Justice Way in Dallas County, presents a unique investment opportunity. Zoned IR, this property offers significant flexibility for various industrial uses. Currently featuring one existing building, the site allows for multiple tenants, with a minimum divisible square footage of zero and a maximum contiguous square footage of zero, providing adaptability to suit diverse business needs. The absence of a specified minimum or maximum buildable area suggests significant potential for development or expansion. The property's size and zoning make it ideal for a range of industrial projects, from warehousing and distribution to light manufacturing. Its location in Dallas County provides easy access to major transportation arteries, ensuring efficient logistics and distribution. This is a rare opportunity to acquire a substantial industrial land parcel in a thriving market, offering considerable potential for long-term growth and return on investment. The existing building provides immediate occupancy potential, while the expansive land area allows for future expansion or redevelopment. Serious inquiries are encouraged to explore the full potential of this exceptional property. Further details regarding the existing building's specifications are available upon request.

    Property Features for 2407 Stemmons Fwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    186,222 SF
    Class
    B
    Lot Size
    490,921 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    2

    HighLights

    • 2.48‑acre industrial land parcel in Dallas County.
    • Single building on site.
    • IR zoning.
    • Multiple tenancy available.
    • Flexible space options from 0 to 108,028 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -96.969217358095
    Latitude
    33.002198496847

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Dallas industrial land, multiple tenants possible.
    Where is this lifestyle center located?
    The property is located at 2407 Stemmons Fwy Lewisville, TX.
    What are key features of this property?
    This property features: 2.48-acre industrial land parcel in Dallas County.; Single building on site.; IR zoning.
    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
    2407 Stemmons Fwy Lewisville, TX 75067
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