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    16650 Westgrove Dr Addison, TX 75001
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    Property profile & analytics

    16650 Westgrove Dr, Addison, TX 75001

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    • Industrial properties
    • 94,396 SF
    • 7.72 lot acres
    Addison Commercial Center Flex Space For Lease
    $4,755,000
    96,463 SF

    Addison Commercial Center Flex Space

    Flex space near Addison Airport with modern amenities.

    16650 Westgrove Drive, Addison, TX 75001
    View Listing
    Property ID
    US82-0789644
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Open Options / (Bike/Boat/Book/etc) Store / Corporate Office
    • Quad/Graphics Inc / Marketing & Advertising / Advertising Agency
    • PHP Agency, LLC / Insurance Agency
    • Addison Com Center / Business Service Center / Corporate Office
    • Bear Robotics / Corporate Office

    Property Details for 16650 Westgrove Dr

    Year built
    2000
    Construction
    TILT-UP CONCRETE
    Lot size
    7.72 lot acres
    Zone code
    Z236
    Property type
    Industrial properties
    APN
    100048300A02R0000
    APU
    100048300A02R0000

    Description

    Exceptional 12,976 square foot office/flex space is available for lease in the Addison Com Center, a 2000-built facility boasting 96,463 total square feet situated on approximately 7.75 acres. This prime location offers unparalleled convenience, being directly across from Addison Airport and minutes away from the Addison Conference & Theatre Centre and the Belt Line Road, providing easy access to a wealth of dining, entertainment, and shopping options. The building features desirable attributes for mid-to-large tenants, including 18-foot clear heights, a generous 3:1,000 parking ratio, grade-level loading to each suite, heavy power, 100% HVAC, and readily available fiber optic service. Suite 150, the available space, offers a wide-open layout ideal for technology-focused businesses or those requiring ample storage, complemented by two 10' x 10' overhead grade-level loading doors. Tenant-controlled HVAC systems ensure optimal climate control. The Addison Com Center stands out in the Addison/metropolitan industrial submarket, offering superior functionality compared to older properties in the area. Its strategic location provides immediate access to major thoroughfares like the Dallas North Tollway, PGBT (SH-190), and LBJ Freeway (I-635), enhancing logistical efficiency. This is a rare opportunity to secure a high-quality, well-appointed space in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,297,000
      Market price range: $1.72M - $5.30M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,235,000
      Current use
      RESTAURANT
      $7,315,000
      Change: +126% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,090,000
      Change: +26% Conversion: Difficult
      OFFICE BUILDING
      $4,015,000
      Change: +24% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,970,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dallas
    State
    Texas
    Longitude
    -96.8376
    Latitude
    32.9784
    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
    $219,689
    $3,362,830
    $6,766,220
    $10,129,050
    -
    $3,362,830
    $6,766,220
    $10,129,050
    View Listing
    More about this property
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