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Financial
Distress signals
Property profile

1431 Greenway Dr Irving, TX 75038

FOR LEASE
Office buildings
Property ID
US82-0624462
207,000 SF 5.28 ac lot Built 1982
Entity Owned 6-yr Hold ~ Est. High Equity
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1431 Greenway Dr, Irving, TX 75038 For Lease
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1431 Greenway Dr, Irving, TX 75038
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Property summary

AI-generated overview

The Embassy, located at 1431 Greenway Dr. in Irving, Texas, presents a unique opportunity for businesses seeking executive office space. This Class B, ten-story building, totaling 197,239 square feet, underwent renovations in 2016. Situated on a 5.28-acre lot in Dallas County, zip code 75038, this property offers multiple tenancy options. Individual suites range from a minimum of 1,846 square feet to a maximum contiguous space of 20,221 square feet, providing flexibility for businesses of various sizes. Built in 1984, The Embassy provides a well-established presence in a thriving business community. The building's prime location offers convenient access to major transportation routes and amenities. Currently, nineteen spaces are available, making this an ideal location for companies seeking immediate occupancy. The property's substantial size and adaptable floor plans cater to a wide range of business needs, from small startups to larger corporations. Interested parties are encouraged to inquire about available spaces and lease terms. This is a remarkable opportunity to secure high-quality office space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction FRAME
Total area 207,000 SF
Lot 5.28 ac (229,823 SF)
Zoning code Z57
APN 32107550000010000
UPID US82-0624462

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Business Management Consultant
  • Charitable Organization Social Service Agency

Location

1431 Greenway Dr Irving, TX 75038
Irving metro Census 14159 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.03M

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2019
Price N/A
2013
Price N/A
1999
Price N/A
1999
Price N/A

Zoning & alternative use

Z57 · Irving, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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