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Property profile & analytics
OFF-MARKET Estimated value $1,470,000
Office buildings

11355 Mccree Rd Dallas, TX 75238-3202

9,838 SF 0.56 ac lot Built 1983
Individually Owned 4-yr Hold Free & Clear
Property ID
US82-4872795
Property summary
AI-generated overview

This exceptional 9,550-square-foot Class C office building in Dallas, Texas, presents a compelling investment opportunity. Situated on a 24,497-square-foot lot, the property boasts a desirable location with approximately 130 feet of frontage on McCree Road and approximately 190 feet on Pandora Drive. The two-story building, constructed in 1983, features a single tenant, Ardurra Inc., currently occupying the entire space (100% occupancy) under a NNN lease. The tenant is scheduled to vacate in the first quarter of 2025, providing flexibility for future use. The building offers 6,405 square feet on the first floor and 3,145 square feet on the second floor. Ample surface parking is available, with 27 spaces accommodating a ratio of 2.83 spaces per 1,000 square feet. The property is zoned NOA (Neighborhood Office), making it suitable for a variety of uses. This is an ideal opportunity for an owner-operator seeking a well-located property with significant potential. The sale is offered as-is, where-is. The property's current zoning and ample parking make it a highly attractive investment. The building's size and layout offer flexibility for future tenants or potential redevelopment. This is a rare opportunity to acquire a well-maintained property in a thriving Dallas location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction TILT-UP CONCRETE
Total area 9,838 SF
Lot 0.56 ac (24,497 SF)
Zoning code Z200
APN 0074870B0002A0000
UPID US82-4872795
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
  • Arredondo Zepeda & Brunz Inc Engineer
  • Garza Alfonso Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.47M
Owner & transaction history
Merritt B Quigley · 4 yrs held
Merritt B Quigley
since 2021
2 recorded transactions
2021
Price N/A
2021
Price N/A
Zoning & alternative use
Z200 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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