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Property profile & analytics

2551 State Highway 161 Irving, TX 75062

  • Showrooms
  • 12,185 SF
  • 2.42 lot acres
For Lease
Last Sale
Jun 28, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-2274230
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.

Current Use by Public Records

  • ENC CARGO DALLAS INC / Freight Forwarding Service

Property Details for 2551 State Highway 161

Year built
2020
Construction
TILT-UP CONCRETE
Lot size
2.42 lot acres
Property size
12,185 SF
Property type
Showrooms
APN
323246300A02R0000
APU
323246300A02R0000

Description

This exceptional 5,000-square-foot industrial property is located at 2551 State Highway 161 in Irving, Texas, within Dallas County. The building features a convenient single-tenant occupancy, ideal for businesses seeking a dedicated space. The two-story structure offers ample room for operations and storage. The property includes one dock-high door, facilitating efficient loading and unloading of goods. Its strategic location provides easy access to major thoroughfares, including Highways 183 and 161, ensuring seamless transportation and logistics. The proximity to Dallas/Fort Worth International Airport further enhances its appeal for businesses requiring convenient air travel connections. This property presents a unique opportunity for businesses seeking a well-located, functional, and readily available industrial space in the thriving Irving, Texas market. The property type is classified as both Office and Industrial, offering flexibility for various business needs. The zip code is 75038.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,950,000
    6.5%
    $2,720,000
    7%
    $2,530,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $2,440,000
    Market price range: $1.53M - $2.44M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,945,000
    Current use
    RESTAURANT
    $1,640,000
    Change: -16% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Irving
County
Dallas
State
Texas
Longitude
-97.0183
Latitude
32.8422
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
2024
$51,989
$526,080
$1,878,100
$2,404,180
-
$526,080
$1,878,100
$2,404,180
More about this property
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