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    12048-12092 Forestgate Dr Dallas, TX 75243

    For Lease
    $9 SF/Yr

    Dallas Warehouse: 3,540 - 11,646 SF

    Lot size:
    48,168 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This single-story, Class B warehouse building, located within the Northgate Business Park III at 12048-12092 Forestgate Dr., Dallas, TX 75243, offers flexible space options. Built in 1986 and renovated in 2007, the property boasts a total of 48,168 square feet, with 5,210 square feet currently vacant. Units are divisible down to 3,540 square feet, with a maximum contiguous space of 11,646 square feet. The building features eight loading docks, making it ideal for efficient shipping and receiving. Situated on a 1.94-acre lot, this property provides ample space for maneuvering and potential expansion. Its convenient location in Dallas County, near the intersection of Forest Lane and Plano Road, offers easy access to major transportation routes. The property's APN is 1. This is a multi-tenant industrial space perfect for businesses seeking a well-maintained and strategically located warehouse in the Dallas area. The property is conveniently located in the Northgate III Industrial Park. This is an excellent opportunity for businesses seeking a functional and accessible warehouse space.

    Property Features for 12048-12092 Forestgate Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,168 SF
    Class
    B
    Total Rate
    39136.5

    Building Details

    Year Built/Renovated
    1986/2007
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    12052
    Size
    3,540 SF
    Rate per SF
    $10
    Space
    12068
    Size
    11,646 SF
    Rate per SF
    $9

    HighLights

    • Class B, single‑story warehouse totaling 48,168 square feet in Dallas, TX.
    • Built in 1986, renovated in 2007, with 5,210 square feet currently vacant.
    • Divisible units down to 3,540 square feet, maximum contiguous space of 11,646 square feet.
    • Features eight loading docks and sits on a 1.94‑acre lot in Northgate Business Park III.
    • Excellent location near Forest Lane and Plano Road, offering easy access to major transportation routes in Dallas County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -96.7041089
    Latitude
    32.9110189

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    FAQs

    What type of property is this?
    Distribution property - Dallas Warehouse: 3,540 - 11,646 SF
    Where is this distribution property located?
    The property is located at 12048-12092 Forestgate Dr Dallas, TX.
    What is the lease rate?
    The lease rate is $9-$10 SF/Yr.
    What are key features of this property?
    This property features: Class B, single-story warehouse totaling 48,168 square feet in Dallas, TX.; Built in 1986, renovated in 2007, with 5,210 square feet currently vacant.; Divisible units down to 3,540 square feet, maximum contiguous space of 11,646 square feet.
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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
    12048-12092 Forestgate Dr Dallas, TX 75243
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