Property profile

15109 Surveyor Blvd Addison, TX 75001

FOR SALE
Commercial land
Property ID
US82-2659023
29,036 SF 1 ac lot Built 1978
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.003-acre industrial land parcel presents a unique build-to-suit opportunity in the thriving city of Addison, Texas. Located at 15109 Surveyor Blvd, this property boasts an enviable location with excellent visibility and accessibility. Its Industrial zoning allows for a wide range of development possibilities, catering to various industrial needs. The site benefits from its proximity to major transportation arteries, including I-35, the Beltline Road, and the North Dallas Tollway, ensuring seamless connectivity for businesses and employees. The Addison Airport is also conveniently located just minutes away, providing additional logistical advantages. This property is perfect for businesses seeking a prominent address in a dynamic and well-established area of North Texas. The site's size offers ample space for construction, allowing for customization to meet specific project requirements. Given its strategic location and zoning, this land parcel represents a compelling investment opportunity for developers and businesses alike seeking a prime location in the heart of Addison's industrial sector. Dallas County's robust economy and strong infrastructure further enhance the appeal of this exceptional property. The 75001 zip code is known for its business-friendly environment and high quality of life. Don't miss this chance to secure a prime location for your next industrial project.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1978
Total area 29,036 SF
Lot 1 ac (43,691 SF)
Zoning code Z118
APN 10000925244000000
UPID US82-2659023

Cap rate & NOI

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

Location

15109 Surveyor Blvd Addison, TX 75001
Addison metro Census 13727 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$716k
Blend (final) Blend
$625k

Owner & transaction history

since 2008
4 recorded transactions
2018
Price N/A
2016
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

Z118 · Addison, TX
Top alternative use upside
Industrial (general) $995,000 +8.9%

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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