12309 Seagoville Rd Balch Springs, TX 75180-3329
Property profile & analytics
12309 Seagoville Rd Balch Springs, TX 75180-3329
- Showrooms
- 7,500 SF
- 4.35 lot acres
Property ID
US82-9260098
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
- Showrooms
Property Details for 12309 Seagoville Rd
- Year built
- 2000
- Construction
- STEEL FRAME
- Lot size
- 4.35 lot acres
- Property size
- 7,500 SF
- Zone code
- Z35
- Property type
- Showrooms
- APN
- 12000100010010000
- APU
- 12000100010010000
Description
This stabilized industrial warehouse investment property, located at 12309 Seagoville Rd, Balch Springs, Texas 75180, offers a compelling opportunity for investors seeking strong returns. The 7,500 square foot building, constructed in 2000, sits on a 4.34-acre lot and boasts a 17.5-foot ceiling height. Currently 100% occupied by a single long-haul trucking operator under a NNN lease with a remaining term of approximately 4.7 years (expiring July 31, 2029, with a commencement date of March 15, 2024), the property generates a substantial annual Net Operating Income (NOI) of $204,000. The lease includes a 3.75% annual escalation clause, beginning April 1st of each year, and a single 60-month renewal option at fair market value. Recent capital improvements include a new roof (with warranty), new HVAC units in the office, LED lighting throughout the building and yard, new paint and flooring in the office, and a fire sprinkler system. The property's strong cash flow, coupled with its strategic location in Dallas County and recent upgrades, makes it an attractive investment prospect with a 7.29% cap rate. The property is classified as an infill industrial outdoor storage (IOS) property.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,950,000
- 6.5%
- $1,800,000
- 7%
- $1,675,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,263,000
Market price range: $639k - $2.26M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Balch Springs
- County
- Dallas
- State
- Texas
- Longitude
- -96.6166
- Latitude
- 32.7061
- 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
$22,622
$43,470
$917,640
$961,110
-
$43,470
$917,640
$961,110
