8816 Directors Row Dallas, TX 75247
- Warehouses
- 37,500 SF
- 1.30 lot acres
Current Use by Public Records
- DGI Awning & Fence / Awning Supplier
Property Details for 8816 Directors Row
- Year built
- 1958
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.30 lot acres
- Property size
- 37,500 SF
- Zone code
- Z116
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 779299000000
- APU
- 779299000000
Description
This exceptional 37,278-square-foot Class B warehouse, located at 8816-8820 Directors Row in Dallas, Texas, 75247, presents a compelling investment opportunity. Built in 1957 and extensively renovated in 2023, the property boasts a desirable location within an Industrial Research zoned area. The building features a substantial 16-foot ceiling height, providing ample vertical space for various industrial uses. Four dock-high doors and one drive-in door ensure efficient loading and unloading operations. The property is currently fully occupied under a multi-tenant lease arrangement. Ample parking is available with 34 total spaces. The property's strategic location in Dallas, Texas offers excellent access to major transportation arteries, making it an ideal choice for businesses requiring convenient logistics and distribution capabilities. This fully leased industrial warehouse represents a stable and potentially high-return investment opportunity in a thriving Texas market. The property's recent renovation ensures modern functionality and efficiency, minimizing future capital expenditure needs. The building's size and features make it suitable for a variety of industrial tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $945,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $870,000
- 6.5%
- $825,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $795,000
- Retail
- $695,000
- Mixed-Use
- $930,000
- Hospitality
- $855,000
- Educational
- $835,000
- Residential Income
- $825,000
- Energy
- $780,000
- Income-Based Land
- $695,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.8877
- Latitude
- 32.817
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA