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    4839 Grand Ave Dallas, TX 75223

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    42,336 SF Warehouse, Dallas, TX

    Property size:
    42,336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 42,336-square-foot multi-tenant warehouse situated on two non-contiguous parcels totaling 1.6 acres in Dallas, Texas. Built in 1990, the property features a single-story structure with a reinforced concrete slab foundation, ensuring durability and stability. The warehouse is zoned for light industrial use, offering versatility for a range of businesses. Ample parking is available for tenants and employees, and a fenced rear area provides added security and potential for outdoor storage or operations. The property's location at 4839 & 4911 E. Grand Ave., Dallas, TX 75223, offers convenient access to major transportation routes and the Dallas-Fort Worth metroplex. This is an ideal acquisition for investors seeking a well-maintained, multi-tenant industrial property with strong potential for long-term rental income and appreciation. The property's size and features make it suitable for various industrial uses, and its location in Dallas provides excellent access to a thriving market. This is a rare opportunity to acquire a substantial warehouse property in a prime location.

    Property Features for 4839 Grand Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    42,336 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    1990
    Buildings
    1

    HighLights

    • 42,336 SF industrial warehouse in Dallas, TX.
    • Multi‑tenant property built in 1990.
    • Located on a 1.6‑acre lot with light industrial zoning.
    • Features a reinforced concrete slab foundation, ample parking, and a fenced rear area.
    • Consists of two non‑contiguous parcels.
    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 Clothing Store Building Supply 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
    -96.754959
    Latitude
    32.787292

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    FAQs

    What type of property is this?
    Distribution property - 42,336 SF Warehouse, Dallas, TX
    Where is this distribution property located?
    The property is located at 4839 Grand Ave Dallas, TX.
    What are key features of this property?
    This property features: 42,336 SF industrial warehouse in Dallas, TX.; Multi-tenant property built in 1990.; Located on a 1.6-acre lot with light industrial zoning.
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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
    4839 Grand Ave Dallas, TX 75223
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