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4653 Leston St Dallas, TX 75247

Distribution centers Google Maps
191,707 SF 12.62 ac lot Built 1975
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
4653 Leston St, Dallas, TX 75247 For Lease
Contact for pricing 191,584 SF available
4653 Leston St, Dallas, TX 75247
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Estimated value (blended)
$3.78M
Range $3.40M – $4.16M (±10%)
Property ID US82-1941729

Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 4653 Leston St, Dallas, TX 75247, offers a significant opportunity for businesses seeking flexible space in the desirable West Brookhollow submarket of Dallas County. The single-story building, constructed in 1975, boasts a total of 191,584 square feet, with 31,873 square feet currently available for lease. The minimum divisible space is 31,873 square feet, making it ideal for a variety of users. Features include a 27-foot ceiling height, providing ample vertical storage capacity. Loading is facilitated by five dock-high doors and three drive-in doors, ensuring efficient goods movement. The property sits on 12.62 acres of land and offers 55 total parking spaces for employees and visitors. The building is equipped with 3-phase 480-volt power, suitable for various industrial applications. The property is zoned Ind/Resear and has an APN of 00000766295000000. This Class B building is part of a larger four-building industrial project totaling 380,733 square feet, offering potential for expansion or synergy with other tenants. Its location in the South Stemmons submarket cluster provides excellent access to major transportation arteries, making it a strategic location for distribution and logistics operations. This is a rare opportunity to secure substantial warehouse space in a thriving Dallas industrial area.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1975
Construction TILT-UP CONCRETE
Total area 191,707 SF
Lot 12.62 ac (549,814 SF)
Zoning code Z116
APN 766295000000
UPID US82-1941729

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Plumbing Service General Contractor
  • Recycling Center Waste Management Facility
  • Corporate Office
  • Recycling Center Waste Management Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.78M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
Price N/A
2012
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Z116 · Dallas, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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