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Property profile & analytics
FOR LEASE
Warehouses

400 E Pioneer Dr Irving, TX 75061

9,650 SF 0.8 ac lot Built 1995
Individually Owned 4-yr Hold Free & Clear
Property ID
US82-5044294
Property summary
AI-generated overview

This exceptional commercial property, located at 400 E Pioneer Dr in Irving, TX, 75061, presents a unique investment opportunity. The property encompasses a total of 13,250 square feet across two buildings, each two stories high, situated on a 0.79-acre lot. Currently, 7,200 square feet of space is available for lease. The property features a flexible layout suitable for various uses, including traditional office, executive office, flex space, warehouse, and R&D. The buildings were constructed in 1995 and renovated in 1998. The property is zoned Commercial-Office/Showroom and boasts a convenient location at the corner of Britain and Pioneer, offering excellent visibility and accessibility. On-site parking is available for tenants. While the building is currently in need of some improvements, the landlord is open to negotiating lease terms to facilitate renovations to bring the property to a suitable condition for the new tenant. The property's Class C designation reflects its potential for value enhancement. The APN is 321495300A01R0000. The property is situated in the West Brookhollow Ind Submarket. Potential tenants are responsible for verifying square footage.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1995
Construction STEEL FRAME
Total area 9,650 SF
Lot 0.8 ac (34,674 SF)
Zoning code Z392
APN 321495300A01R0000
UPID US82-5044294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Auto service Torres Auto Repair Shop
  • Tire Zone (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Panjetan 400 P · 4 yrs held
Panjetan 400 P
since 2021
4 recorded transactions
2021
Price N/A
2020
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Z392 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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