2616 Mockingbird Ln Dallas, TX 75235
- Office buildings
- 3,846 SF
- 0.15 lot acres
Current Use by Public Records
- The Colony HVAC / Hvac Contractor
- Tucker & Guidry / Attorney
Property Details for 2616 Mockingbird Ln
- Year built
- 1963
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 3,846 SF
- Zone code
- Z116
- Property type
- Office buildings
- APN
- 325459000000
- APU
- 325459000000
Description
This exceptional Dallas investment property, priced at $1,399,999, offers 6,582 square feet of flexible space in a two-story building constructed in 1963 and renovated in 2000. The property sits on a 0.31-acre lot and includes a gated, fenced yard with ample parking. The building features a garage and is situated on Mockingbird Lane, minutes from Dallas Love Field airport. Its convenient location provides easy access to major transportation arteries, including I-35, Harry Hines, Hwy 114, Loop 12, and the Dallas Tollway. The property is zoned IR (Industrial Research), allowing for versatile uses such as professional office, medical office, office/storage, printing and publishing, courier, delivery, and mail services. Its proximity to Love Field (3 minutes), DFW Airport (19 minutes), the Dallas Medical District (5 minutes), and Downtown Dallas (15 minutes) makes it highly desirable. The property is a single-tenant, NNN lease type, Class C building with 50% occupancy. The net rentable square footage is 6,665 square feet, with a price per square foot of $212.70. The property is free and clear, offering a compelling investment opportunity for owner-users or investors seeking a strong return. The property consists of two parcels: 2616 W Mockingbird Ln (6,582 sq ft building) and 2626 Felder Ct (6,534 sq ft concrete lot). There are no loading docks or dock-high doors.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $390,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $410,000
- Mixed-Use
- $435,000
- Hospitality
- $450,000
- Educational
- $415,000
- Residential Income
- $440,000
- Energy
- $455,000
- Income-Based Land
- $415,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.8429
- Latitude
- 32.8289
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
