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Property profile & analytics

12061 Forestgate Dr Dallas, TX 75243-5417

  • Warehouses
  • 31,980 SF
  • 2.10 lot acres
OFF-MARKET
Last Sale
Jul 20, 2022
Value Estimations
$985,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-1949956
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.

Current Use by Public Records

  • Warehouses

Property Details for 12061 Forestgate Dr

Year built
1983
Construction
TILT-UP CONCRETE
Lot size
2.10 lot acres
Property size
31,980 SF
Zone code
Z116
Property type
Warehouses
Property subtype
Self storage facilities
APN
811304500500
APU
811304500500

Description

This vacant 32,110-square-foot Class B warehouse, located at 12061 Forestgate Dr, Dallas, TX 75243, presents a significant opportunity. Built in 1985 and situated within the Industrial Research District, this property boasts 7 loading docks and 2 ramps, ensuring efficient loading and unloading operations. The warehouse features a generous clear height of 18 feet or more, and is fully equipped with 100% HVAC throughout. Ample power is available with a 1,000-amp service. The property also includes a substantial truck court of approximately 74 feet and parking for approximately 98 vehicles. Its convenient location in the Garland Industrial Submarket offers easy access to I-635, providing excellent connectivity for transportation and logistics. This warehouse is ready for immediate occupancy and is well-suited for a variety of industrial uses. The property is zoned for Industrial Research District use.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $880,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,086,000
    Market price range: $613k - $1.23M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $895,000
    Current use
    OFFICE BUILDING
    $1,630,000
    Change: +82% Conversion: Difficult
    RETAIL STORES
    $1,610,000
    Change: +80% Conversion: Moderate
    COMMERCIAL (GENERAL)
    $1,495,000
    Change: +67% Conversion: Difficult
    INDUSTRIAL (GENERAL)
    $1,265,000
    Change: +42% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Dallas
County
Dallas
State
Texas
Longitude
-96.7028
Latitude
32.9126
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
$49,874
$366,340
$1,691,120
$2,057,460
-
$366,340
$1,691,120
$2,057,460
More about this property
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