Technical
Financial
Distress signals
Property profile

1214 Akard St Dallas, TX 75215

OFF-MARKET
Warehouses
Property ID
US82-4102615
4,720 SF 0.42 ac lot Built 1945
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,800 square foot office building, located at 1214 S Akard St in Dallas, Texas, presents a unique investment opportunity. Built in 1945, this single-story structure sits on a 0.424-acre lot (APN: 00000101476000000) and is zoned Z239. The property features a desirable traditional/executive office layout, offering a blend of industrial design and modern amenities. High ceilings and abundant natural light create a vibrant workspace. The open-concept design allows for flexible configurations to suit diverse business needs, from collaborative areas to private offices. Its central Dallas location provides easy access to the city's business district, cultural attractions, and numerous dining and entertainment options. The building includes high-speed internet, energy-efficient lighting, and comprehensive security systems. A significant advantage is the on-site parking, a rare amenity in this area. The asking price is $2,950,000 ($614.58/sq ft). Owner financing may be considered.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1945
Construction FRAME
Total area 4,720 SF
Lot 0.42 ac (18,469 SF)
Zoning code Z239
APN 101476000000
UPID US82-4102615

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Trucking Company
  • Trucking Company
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Real Estate Agency

Location

1214 Akard St Dallas, TX 75215-1005
Dallas metro Census 20402 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Z239 · Dallas, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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