Property summary
This exceptional 17,254 square foot, two-story office building, situated on a 1.57-acre lot in Dallas, Texas, presents a compelling owner-user opportunity. Located at 7901 John W. Carpenter Freeway, this Class C property benefits from a prime location within the Stemmons Freeway submarket, boasting high traffic counts and proximity to affluent neighborhoods and thriving business districts like Brookhollow and the Dallas Design District. The building underwent approximately $500,000 in renovations in 2022. Its flexible Industrial Research zoning allows for diverse uses, including industrial, wholesale distribution, storage, office, and retail, offering excellent long-term redevelopment potential. The property features ample parking with 18 spaces in front and an additional 50 secured spaces in the rear, providing a generous 3.94/1,000 SF ratio. A large, approximately 19,000 square foot rear lot offers additional storage or outdoor display space. Security features include a gated and keypad-secured lot, a security system, and floodlights. An existing billboard provides potential for supplemental income. The asking price is $3,295,000. This multi-tenant building is ideal for a variety of businesses seeking a versatile and well-located space.
Property profile
VerifiedCap rate & NOI
Current use
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Radio Station Telecommunications Service
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Charitable Organization Social Service Agency
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(Bike/Boat/Book/etc) Store Cosmetic Store
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Physician
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Radio Station Telecommunications Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Z116 · Dallas, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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