8221 Chancellor Row Dallas, TX 75247
- Warehouses
- 24,900 SF
- 1.45 lot acres
Current Use by Public Records
- Asmar Custom Cabinets Inc / Cabinet Store
- Automatic gate & repair Dallas / Fence Contractor
- Shool Game / Store
Property Details for 8221 Chancellor Row
- Year built
- 1958
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.45 lot acres
- Property size
- 24,900 SF
- Zone code
- Z116
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 779023000000
- APU
- 779023000000
Description
This exceptional 24,900-square-foot industrial building, situated on a 1.45-acre lot in the desirable West Brookhollow submarket (South Stemmons cluster), presents a unique investment opportunity. Built in 1958 and recently renovated, the property boasts a single-tenant occupancy and offers a versatile space suitable for manufacturing, flex, or distribution uses. The building features a generous 15-foot clear ceiling height, providing ample room for operations and storage. Loading and unloading are facilitated by three dock-high doors and one drive-in door, ensuring efficient logistics. Ample parking is available with 20 spaces designated for employees and visitors. The property includes a fully functional sprinkler system, enhancing safety and security. Its location within the West Brookhollow submarket offers excellent access to major transportation arteries, making it an ideal location for businesses needing convenient access to the broader Dallas-Fort Worth metroplex. This single-tenant building provides a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving area. The property's size, features, and location make it an attractive option for a variety of industrial businesses seeking a functional and efficient workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $930,000
- 6.5%
- $860,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $915,000
- Geo Method
- $895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $925,000
- Mixed-Use
- $810,000
- Hospitality
- $740,000
- Educational
- $735,000
- Residential Income
- $760,000
- Energy
- $845,000
- Income-Based Land
- $980,000
- Food Service
- $955,000
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.883
- Latitude
- 32.815
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
