Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3320 Towerwood Dr Farmers Branch, TX 75234-2317
    Back to Search
    Property profile & analytics

    3320 Towerwood Dr, Farmers Branch, TX 75234-2317

    View on Map
    • Warehouses
    • 8,450 SF
    • 0.34 lot acres
    Off-Market
    Last Sale Mar 29, 2021
    Property ID
    US83-3437450
    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

    • Warehouses

    Property Details for 3320 Towerwood Dr

    Year built
    1974
    Construction
    TILT-UP CONCRETE
    Lot size
    0.34 lot acres
    Zone code
    Z123
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    24014500020280000
    APU
    24014500020280000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 17, 2026 — Cannonboyz Property Management LLC — Deed · related $1.4M · Great Plains National Bank
    Mar 30, 2022 — Universal Brands Consolidated LLC — Deed · related $920k · Whitney Bank
    Mar 29, 2021 — Universal Brands Consolidated LLC Brewster Properties LLC Special Warranty Deed $748k · Enterprise Bank & Trust
    Mar 10, 2017 — Brewster Properties LLC — Deed · related $596k · Sovereign Bk
    Feb 15, 2008 — Brewster Properties LLC Diversified Capital Group Warranty Deed $529k · Sovereign Bank
    Oct 9, 2003 — Diversified Capital Helms,john D Grant Deed · related $300k · Bank Of America
    — — Brewster Properties LLC — Deed Of Trust · related $596k · Sovereign Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmers Branch
    County
    Dallas
    State
    Texas
    Longitude
    -96.8645
    Latitude
    32.9512
    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
    $10,267
    $60,000
    $429,420
    $489,420
    -
    $60,000
    $429,420
    $489,420

    Comparable in this City

    • Value Estimation
      $1,565,000
      85,942 SF

      12900 Nicholson Rd

      MINI-WAREHOUSE, STORAGE
      12900 Nicholson Rd, Farmers Branch, TX 75234-9215
      View Details
    • Value Estimation
      $2,335,000
      103,528 SF

      12901 Nicholson Rd

      MINI-WAREHOUSE, STORAGE
      12901 Nicholson Rd, Farmers Branch, TX 75234-9229
      View Details
    • Value Estimation
      $1,390,000
      83,575 SF

      13365 Br Vw Ln

      MINI-WAREHOUSE, STORAGE
      13365 Br Vw Ln, Farmers Branch, TX 75234-5701
      View Details
    • Value Estimation
      $2,805,000
      207,950 SF

      13755 Diplomat Dr

      MINI-WAREHOUSE, STORAGE
      13755 Diplomat Dr, Farmers Branch, TX 75234-8926
      View Details
    • Value Estimation
      $1,525,000
      54,500 SF

      12400 Frd Rd

      MINI-WAREHOUSE, STORAGE
      12400 Frd Rd, Farmers Branch, TX 75234-7210
      View Details
    • Value Estimation
      $1,960,000
      105,840 SF

      2265 Vly Br Cir

      MINI-WAREHOUSE, STORAGE
      2265 Vly Br Cir, Farmers Branch, TX 75234-5855
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      52,200 SF

      Warehouse Space with Easy Access

      8,000 SF warehouse space with convenient highway access.
      13906-13910 Distribution Way, Farmers Branch, TX 75234
      View Details
    • Contact for pricing

      High Visibility Retail/Industrial Property

      3.36-acre property with high visibility and mixed-use potential.
      2605 Lyndon B Johnson Fwy, Dallas, TX 75234
      View Details
    • Contact for pricing
      35,088 SF

      Dallas Warehouse with Office Space

      35,088 SF warehouse with 6,806 SF office space.
      3505 Garden Brook Dr, Dallas, TX 75234
      View Details
    • Contact for pricing
      50,844 SF

      Corners Shopping Center: Prime Retail Space

      Farmers Branch, TX Restaurant Retail Opportunity
      2825 Valley View Ln, Farmers Branch, TX 75234
      View Details
    • Contact for pricing
      2,137 SF

      New Modern Townhome Ready Now

      Newly constructed 3-bedroom, 2.5-bath townhome with modern open concept.
      1832 Wittington Pl, Farmers Branch, TX 75234
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,782 SF

      Warehouse with I-35 Visibility

      Warehouse space with I-35 access and high visibility.
      13990 N Stemmons Fwy, Dallas, TX 75234
      View Details
    • Contact for pricing
      56,000 SF

      Carrollton Warehouse with Truck Court

      Industrial warehouse space featuring dock doors and truck court.
      1615 Diplomat Dr, Carrollton, TX 75234
      View Details
    • Contact for pricing
      3,735 SF

      Farmers Branch Flex/Warehouse Space

      Flex/warehouse space available for lease in Farmers Branch, TX.
      3240-3254 Garden Brook Dr, Farmers Branch, TX 75234
      View Details
    • Contact for pricing
      24,533 SF

      Industrial Space with Highway Frontage

      24,533 SF industrial space with frontage to I-635.
      2001 Lyndon B Johnson Fwy, Dallas, TX 75234
      View Details
    • Contact for pricing
      7,250 SF

      Farmers Branch Warehouse Space Available

      Warehouse space with office, dock doors, and security lighting.
      3110-3120 Towerwood Dr, Farmers Branch, TX 75234
      View Details
    • Contact for pricing
      7,555 SF

      Royal Lane Flex/Industrial Space

      7,555 SF flex/industrial space for lease in Dallas.
      1901 Royal Ln, Dallas, TX 75234
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3320 Towerwood Dr
    Farmers Branch, TX 75234-2317
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3320 Towerwood Dr, Farmers Branch, TX, 75234
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!