2607 Walnut Hl Ln Dallas, TX 75229-5638
- Office buildings
- 38,898 SF
- 1.68 lot acres
Current Use by Public Records
- Rent-A-Studio / Film Production
- ACCP / Pharmacy
- Elite Business Investment Group / Financial Advisor
- Film Connection Film Institute / Vocational School / Training Center
Property Details for 2607 Walnut Hl Ln
- Year built
- 1982
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.68 lot acres
- Property size
- 38,898 SF
- Zone code
- Z116
- Property type
- Office buildings
- APN
- 0065160A000050100
- APU
- 0065160A000050100
Description
This 37,752 square foot, two-story office building in Dallas, Texas, presents a compelling value-add investment or owner-user opportunity. Located in Northeast Dallas, minutes from DFW and Love Field airports, this Class C property sits on a 1.68-acre lot and boasts ample parking. Currently vacant, except for a few small month-to-month tenants, the building offers significant upside potential. Built in 1982, the structure features a mix of finished and "white-boxed" spaces, allowing for flexible adaptation to a variety of uses. The property's strategic location near Parker Chiropractic College and its accessibility from a major thoroughfare make it highly attractive. The asking price of $65 per square foot is significantly below replacement cost. Owner financing is available, making this a particularly appealing investment for those seeking a distressed asset with strong repositioning potential. Alternative uses, such as a church or school, are also feasible. The property is owned by a family entity and is being sold under distressed conditions. This presents a rare chance to acquire a substantial office building at a fraction of the cost of new construction.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $765,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,352,000
Market price range: $1.35M - $2.96M
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Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.8897
- Latitude
- 32.8823
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA