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Property profile & analytics
OFF-MARKET Estimated value $2,995,000
Office buildings

14275 Midway Rd Addison, TX 75001-3614

262,800 SF 8.67 ac lot Built 1985
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US82-2360895
Property summary
AI-generated overview

This exceptional Addison, Texas office property, Midway Atriums, offers a prime opportunity for businesses seeking flexible and modern workspace. Located at 14275, 14285, and 14295 Midway Road, this three-building complex boasts a total of 263,742 square feet of Class B office space. The property underwent renovations in 2021, enhancing its appeal and functionality. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 90,000 square feet, currently all available for lease. The buildings feature four stories each, with ceiling heights varying between 10'9" and 8'6". Six hydraulic elevators ensure efficient vertical transportation. Ample parking is provided, with a ratio of 3.4 spaces per 1,000 rentable square feet. Built in 1981 and strategically located in Dallas County near the cross street of Proton, this property provides easy access to major transportation routes and amenities. The property is ideal for a variety of businesses seeking executive office space in a well-maintained and conveniently located complex. The address is conveniently located in the 75001 zip code of Addison, Texas. This is a rare opportunity to secure a significant amount of contiguous space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction STEEL FRAME
Total area 262,800 SF
Lot 8.67 ac (377,535 SF)
Zoning code Z236
APN 100006800A0010000
UPID US82-2360895
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
  • Roger Giovino Physician Medical Clinic
  • Smith, Williams & Company, PLLC (CPA's) Accounting Firm
  • Lewis-Gray Employment Agency
  • Sino Direct Building Supply
  • Chip Pac Inc Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.00M
Owner & transaction history
Rec Midway LLC · 4 yrs held
Rec Midway LLC
since 2021
5 recorded transactions
2021
Price N/A
2013
Price N/A
2011
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Z236 · Addison, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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