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$5,975,500
Est. payment /mo
31,450 SqFt
Price Dropped by $24K
5520 Military Parkway Dallas, TX 75227
UPDATED:
11/25/2024 03:20 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 31,450 sqft
Price per Sqft $190
Subdivision I-Iii
MLS Listing ID 20783458
Total Fin. Sqft 31450
Year Built 1962
Annual Tax Amount $16,063
Lot Size 2.286 Acres
Acres 2.286
Property Description
This 31,450 sqft. property, situated on 2.2860 acres and spread across 3 well-maintained buildings. Building 1 is 20,000 sq feet, building 2 is 6,250 sq feet and building 3 is 5,200 sq feet. All buildings have been remodeled and updated. The property offers versatility and potential for a variety of uses. Currently serving as a warehouse, furniture manufacturing space, retail center, office suites, and an event center venue, it provides endless possibilities for owner-users or investors.
The property is fully climate-controlled, with restrooms in every suite and a city-required fire suppression sprinkler system already installed. It features ample parking within a fully fenced lot, ensuring security and convenience. Accessibility is a highlight, with four entrances on Military Parkway and one on Parkdale Road, along with five loading dock doors to accommodate operational needs.
Located just five minutes to I-30, ten minutes to Downtown Dallas and fifteen minutes to Interstates 35E, 75, and 45, the property boasts excellent connectivity. Its adaptable layout offers multiple spaces for leasing or expansion, making it a perfect fit for a wide range of business operations. This well-maintained property, situated on a spacious lot, is ready to meet your commercial needs and presents an outstanding opportunity in the thriving Dallas market.
Additional Opportunity: The owner is open to owner financing, making this an even more accessible investment for the right buyer.
The property is fully climate-controlled, with restrooms in every suite and a city-required fire suppression sprinkler system already installed. It features ample parking within a fully fenced lot, ensuring security and convenience. Accessibility is a highlight, with four entrances on Military Parkway and one on Parkdale Road, along with five loading dock doors to accommodate operational needs.
Located just five minutes to I-30, ten minutes to Downtown Dallas and fifteen minutes to Interstates 35E, 75, and 45, the property boasts excellent connectivity. Its adaptable layout offers multiple spaces for leasing or expansion, making it a perfect fit for a wide range of business operations. This well-maintained property, situated on a spacious lot, is ready to meet your commercial needs and presents an outstanding opportunity in the thriving Dallas market.
Additional Opportunity: The owner is open to owner financing, making this an even more accessible investment for the right buyer.
Location
State TX
County Dallas
Zoning PD 323
Direction google maps is accurate to the address.
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Concrete
Roof Type Flat
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Ownership Alcala
©2024 North Texas Real Estate Information Systems.
Listed by Charles Horton • The Michael Group Real Estate