5447 Glen Lakes Dr Dallas, TX 75231
- Office Properties & Spaces
- 6,940 SF
- 0.55 lot acres
Current Use by Public Records
- Dallas Fertility Associates / Fertility Clinic / Medical Clinic
- Nearburg Producing Co / Gas Company
Property Details for 5447 Glen Lakes Dr
- Year built
- 1955
- Lot size
- 0.55 lot acres
- Property size
- 6,940 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.7676
- Latitude
- 32.8836
