11152 Morrison Ln Dallas, TX 75229
Property profile & analytics
11152 Morrison Ln Dallas, TX 75229
- Showrooms
- 1,250 SF
- 4.10 lot acres
Property ID
US82-5361254
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Concrete Technician Training Center / Association / Organization
Property Details for 11152 Morrison Ln
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 4.10 lot acres
- Property size
- 1,250 SF
- Zone code
- Z116
- Property type
- Showrooms
- APN
- 00C69090001115200
- APU
- 00C69090001115200
Description
This exceptional 1,250-square-foot flex space industrial condo in Dallas, Texas, presents a lucrative investment opportunity. Located at 11152 Morrison Ln, 75229, this Class B property boasts a 5.60% cap rate and a strong net operating income (NOI) of $17,500, reflecting a 100% occupancy rate. The asking price is $312,500, translating to $250 per square foot. The single-story building, renovated in 2022, features a 12-foot ceiling height, one loading dock, and is zoned IR. The interior layout is ideal for owner-users, including two offices, a small reception area, and a warehouse space accessed via a grade-level overhead door. This net lease investment offers a compelling combination of income generation and functional space, making it an attractive option for both investors and business owners seeking a turnkey solution. The property's prime location in Dallas County ensures easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a high-performing, fully occupied industrial condo in a desirable market. The property is offered for sale by owner.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.8925
- Latitude
- 32.8851
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,162
$28,110
$153,240
$181,350
-
$28,110
$153,240
$181,350
