Property profile

620 Carroll Ave Southlake, TX 76092

OFF-MARKET
Office buildings
Property ID
US82-2941120
5,956 SF 0.43 ac lot Built 2006
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 901-square-foot Class A office suite is ideally situated near Southlake Town Square. Built in 2006, this single-story building offers a complete and stylish office space perfect for a variety of businesses. The suite boasts a welcoming reception area, four private offices (one easily adaptable as a conference room), a convenient kitchenette, a dedicated wiring closet, and a private restroom. The space is pre-wired for FIOS fiber-optic access and CAT5, ensuring seamless connectivity. Ample open parking is available for tenants and clients. Enhance your professional image with available monument and door signage (tenant expense). This meticulously designed suite is part of a larger 5,956-square-foot building with a total of one suite. The property is zoned for office commercial use (excluding medical practices). Enjoy the convenience of the Carroll Terrace courtyard and its water fountain, easily accessible from the side building entrance. This turnkey solution offers immediate occupancy in a highly desirable Southlake location. The minimum leasable space is 901 square feet, representing the entire available suite within the building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 5,956 SF
Lot 0.43 ac (18,861 SF)
APN 6523-1-2
UPID US82-2941120

Cap rate & NOI

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

Location

620 Carroll Ave Southlake, TX 76092-6488
Southlake metro Census 113956 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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