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Property profile & analytics
OFF-MARKET
Office Spaces

5447 Glen Lakes Dr Dallas, TX 75231

6,940 SF 0.55 ac lot Built 1955
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1955
Total area 6,940 SF
Lot 0.55 ac (23,958 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dallas Fertility Associates Medical Clinic
  • Nearburg Producing Co Gas Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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