Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2301 Valley View Ln Farmers Branch, TX 75234

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Former bank building with drive-thru, ideal for office use.

    Type:Office
    Lot size:
    2.32 Acres
    Added:
    Sep 27, 2022
    Days on Market:
    1306
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 2301 Valley View Ln

    General Information

    Standard status
    Active
    Lot size
    2.32 Acres
    Property subtype
    Office

    Spaces For Lease

    at 2301 Valley View Ln Contact us

    We can help!

    Listing Contact
    Troy Morgan, CCIM

    Listing agent Troy Morgan, CCIM License #TX 543987

    Listing office Structure Commercial

    Listing date Sep 27, 2022

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Structure Commercial

    Overview

    Former Bank Building with Drive-Thru

    This property, formerly a Chase Bank building, features a drive-thru and is located at the northwest quadrant of Interstate 35E and Valley View Lane in Farmers Branch, Texas. Situated approximately one-half mile north of Interstate 635, the property offers an abundance of parking on its 2.32-acre lot. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmers Branch
    County
    Dallas
    State
    Texas
    Longitude
    -96.902165
    Latitude
    32.922795

    Nearby Similar for Lease

    • Contact for pricing

      Move-In-Ready Office Suite

      Professionally maintained office suite in the heart of Farmers Branch.
      13465 Midway Road, Farmers Branch, TX 75244
      View Details
    • $16/mo

      Farmers Branch Prime Office Opportunity

      Exceptional office space in a highly accessible Farmers Branch location.
      14465 Webb Chapel Road, Farmers Branch, TX 75234
      View Details
    • $16/mo

      Farmers Branch Office Opportunity

      Prime office space in a highly accessible Farmers Branch location.
      14465 Webb Chapel Road, Farmers Branch, TX 75234
      View Details
    • $16/mo

      Farmers Branch Office Space Available

      Prime office space in a highly accessible Farmers Branch location.
      14465 Webb Chapel Road, Farmers Branch, TX 75234
      View Details
    • $16/mo

      Farmers Branch Prime Office Space

      Exceptional office environment in a highly accessible and visible location.
      14465 Webb Chapel Road, Farmers Branch, TX 75234
      View Details
    • $16/mo

      Farmers Branch Prime Office Space

      Well-maintained office space in a highly accessible Farmers Branch location.
      14465 Webb Chapel Road, Farmers Branch, TX 75234
      View Details
    • $16/mo

      Farmers Branch Prime Office Space

      Exceptional office environment in a highly accessible and visible location.
      14465 Webb Chapel Road, Farmers Branch, TX 75234
      View Details
    • $6/mo

      Plug & Play Office Space

      Office space for rent in a campus setting.
      4100 Alpha Road, Farmers Branch, TX, 75244
      View Details
    • Contact for pricing

      Retail Space Near Dallas Tollway

      Retail space near IH-635 and Dallas North Tollway.
      13605 MIDWAY RD, Farmers Branch, TX 75244
      View Details
    • Contact for pricing

      Office/Flex/Showroom Space Available

      Office, flex, and showroom spaces for lease near Dallas North Tollway.
      4801 Spring Valley Rd, Farmers Branch, TX 75244
      View Details
    • Contact for pricing

      Restaurant Space Available for Lease

      2,082 SF second-generation restaurant space available for lease.
      13465 INWOOD RD, Farmers Branch, TX 75244
      View Details
    • $18/mo

      Farmers Branch Office Space Available

      Office space featuring reception, conference rooms, and break area.
      4101 McEwen , Farmers Branch, TX
      View Details

    FAQs

    What type of property is this?
    Bank - Former bank building with drive-thru, ideal for office use.
    Where is this bank located?
    The property is located at 2301 Valley View Ln Farmers Branch, TX.
    What are key features of this property?
    This property features: Located at the NWQ of I35E and Valley View.; Former Chase Bank building with drive‑thru.; Abundance of parking on 2.32 acres.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Troy Morgan, CCIM
    Real Estate License ID: TX 543987
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!