5447 Glen Lakes Dr Dallas, TX 75231
This exceptional executive office building, located at 5447 Glen Lakes Dr. in Dallas, Texas, presents a unique investment opportunity. The property boasts a substantial 6,940 square feet of office space, ideally suited for a variety of businesses. Constructed in 1955, this two-story building sits on a desirable 0.55-acre lot, offering ample space and privacy. The building's Class C designation reflects its potential for renovation and modernization, allowing for significant value appreciation. The multi-tenancy setup provides flexibility for diverse occupancy arrangements. Parking is conveniently provided with 12 spaces, a ratio of 3.48 spaces per 1,000 square feet. The property's urban location in the 75231 zip code of Dallas County offers excellent accessibility and visibility. This stand-alone building presents a rare chance to acquire a well-situated, sizable office property in a thriving Texas market. The asking price is $2,150,000. This is an ideal opportunity for investors seeking a strong return on investment in a prime Dallas location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.