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Property profile & analytics
FOR SALE
Banks

460 E John W Carpenter Irving, TX 75062

1,681 SF 1.23 ac lot Built 1986
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US82-4120234
Property summary
AI-generated overview

This exceptional 1.23-acre commercial land parcel presents a unique investment opportunity in the highly desirable Las Colinas area of Irving, Texas. Situated on the prominent John W. Carpenter Freeway (Highway 114), this prime corner lot boasts excellent visibility and accessibility. Previously occupied by a Chase Bank drive-through, the property is now deed-restricted and cannot be used as a financial institution, opening up a wide range of development possibilities for other commercial ventures. The lot size is 1.681 square feet, with an asking price of $2,497,600, resulting in a price per square foot of $1,485.78. A survey is available within the property documents for review. This location in Dallas County, Texas, zip code 75062, offers unparalleled access to major transportation arteries, a thriving business community, and a strong residential base. The property's strategic positioning makes it an attractive prospect for developers seeking to capitalize on the area's robust economic growth and high demand for commercial space. Don't miss this chance to acquire a highly visible and well-located commercial land parcel in one of the most sought-after areas of the Dallas-Fort Worth Metroplex. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1986
Construction TILT-UP CONCRETE
Total area 1,681 SF
Lot 1.23 ac (53,405 SF)
Zoning code Z57
APN 32258690000010000
UPID US82-4120234
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
460 E John Carpenter Fwy LLC · 8 yrs held
460 E John Carpenter Fwy LLC
since 2018
4 recorded transactions
2020
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z57 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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