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Property profile & analytics
FOR LEASE
Office buildings

515 N Cedar Ridge Dr Duncanville, TX 75116

15,218 SF 0.96 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US83-3690076
Property summary
AI-generated overview

American Plaza II, a 15,218-square-foot multi-tenant office building in Duncanville, Texas, offers executive office suites for lease. Located at 515 N Cedar Ridge Dr, 75116, this property boasts a prime location approximately one mile south of I-20 and with easy access from Highway 67. The building underwent renovations in 2017, resulting in an upscale finish featuring ceramic tile and a wood staircase. Currently, several tenants occupy the space, including Allegiance Title Company and Manifested Evidence, Inc. Available spaces range from a minimum of 198 square feet to a maximum contiguous space of 2,145 square feet, with a total of 3,921 square feet currently vacant. Ample parking is provided with approximately 75 spaces, offering a 4.93 parking ratio. The building offers prominent signage opportunities, including monument signage facing Cedar Ridge Drive and façade space available for larger suites. Lease rates are inclusive of utilities, maintenance, and common area janitorial services. The property is situated in Dallas County and offers a convenient and well-maintained workspace. This is an excellent opportunity for businesses seeking high-quality office space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction TILT-UP CONCRETE
Total area 15,218 SF
Lot 0.96 ac (42,000 SF)
Zoning code Z95
APN 602535000117A0000
UPID US83-3690076
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
  • Lynda R. Johnson, LPC Counselor
  • Haylow Insurance Group Insurance Agency
  • Taxes On the Go Tax Preparation
  • Renee L. Frazier, LPC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k
Owner & transaction history
Sandworth Properties INC · 6 yrs held
Sandworth Properties INC
since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
2006
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z95 · Duncanville, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.5M +15.9%
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More about this property
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