8500 Sovereign Row Dallas, TX 75247
Property profile & analytics
8500 Sovereign Row Dallas, TX 75247
- Warehouses
- 22,400 SF
- 1.72 lot acres
Property ID
US82-3919162
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 8500 Sovereign Row
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.72 lot acres
- Property size
- 22,400 SF
- Zone code
- Z116
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 778816000000
- APU
- 778816000000
Description
This exceptional industrial property, located at 8500 & 8600 Sovereign Row in Dallas, Texas, presents a compelling value-add opportunity. Comprising two single-story buildings totaling 59,082 square feet on a 2.62-acre lot, this multi-tenant warehouse is currently 100% vacant, offering significant potential for owner-users or investors. The property features nine loading docks, including six dock-high doors, and a 12-foot ceiling height. Built in 1956, the buildings boast three suites of varying sizes (34,940 SF, 7,842 SF, and 16,300 SF), with over 9,219 SF of existing office space. Recent improvements include a new roof and updated LED lighting, minimizing immediate capital expenditures. The property benefits from a versatile shallow bay layout, making it suitable for various uses. Its prime location in the Brookhollow submarket provides unparalleled access to major transportation arteries, including Interstate 35E, Highway 114, and Highway 183, connecting to over 7 million people and key commercial and residential areas within the Dallas-Fort Worth Metroplex. The property is fully sprinklered, has heavy power, fenced and secure outside storage and parking, and is zoned IR. The APN numbers are 00000778816000000 and 00000778819000000. This is one of the largest privately-owned assets remaining in Brookhollow, offering a rare chance to capitalize on the robust DFW industrial market's high rent growth and low vacancy rates.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $875,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $811,000
Market price range: $502k - $812k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $625,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.8835
- Latitude
- 32.8187
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,419
$449,280
$1,399,220
$1,848,500
-
$449,280
$1,399,220
$1,848,500
