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2655 Myrtle Springs Ave 3,222 SF Flex Building Dallas, TX 75220 $1,795,000 ($557.11/SF)
Investment Highlights
- Extensive infrastructure upgrades completed under City of Dallas permits.
- Water, sewer, and gas systems substantially replaced and modernized.
- Security system includes surveillance, access control, and networking upgrades.
- Electrical service upgraded with new commercial-grade wiring throughout.
- Property includes a newly constructed building with contemporary improvements.
- Site improvements include drainage, lighting, parking, sidewalks, and landscaping.
Executive Summary
2655 Myrtle Springs Avenue presents an opportunity to acquire a three-building commercial property that has undergone extensive capital improvements focused on infrastructure, building systems, and long-term functionality. Ownership reports approximately $331,385 invested in renovations and site upgrades, including comprehensive utility replacements, electrical modernization, security enhancements, and exterior improvements completed under City of Dallas permits with final inspections performed.
The property's infrastructure improvements extend well beyond cosmetic updates. Electrical service was upgraded to a 400-amp main service with dedicated panels serving each building, accompanied by complete commercial-grade rewiring, new load centers, updated grounding systems, and modern safety protections. Water, sewer, and gas systems were substantially upgraded, including replacement of cast-iron sewer lines, new water distribution lines, and new gas service components. These improvements provide a foundation intended to support a variety of commercial operations while reducing the likelihood of near-term capital requirements.
Building improvements include a newly constructed building featuring a post-tension slab, new framing, energy-efficient windows, ADA-compliant restrooms, and a kitchenette. Additional renovations include upgraded warehouse functionality, commercial roll-up doors, kitchen improvements, built-in workspaces, and updated interior fixtures. Site enhancements include a property-wide drainage system, new sidewalks, restored and restriped parking areas, LED site lighting, commercial gate access, and landscaping improvements.
Located within Dallas, the property benefits from access to one of the nation's largest metropolitan economies, providing connectivity to a broad labor pool, regional transportation networks, and a diverse commercial business environment. The combination of upgraded infrastructure, multiple buildings, and documented capital investment supports owner-user and investment-oriented acquisition strategies.
The property's infrastructure improvements extend well beyond cosmetic updates. Electrical service was upgraded to a 400-amp main service with dedicated panels serving each building, accompanied by complete commercial-grade rewiring, new load centers, updated grounding systems, and modern safety protections. Water, sewer, and gas systems were substantially upgraded, including replacement of cast-iron sewer lines, new water distribution lines, and new gas service components. These improvements provide a foundation intended to support a variety of commercial operations while reducing the likelihood of near-term capital requirements.
Building improvements include a newly constructed building featuring a post-tension slab, new framing, energy-efficient windows, ADA-compliant restrooms, and a kitchenette. Additional renovations include upgraded warehouse functionality, commercial roll-up doors, kitchen improvements, built-in workspaces, and updated interior fixtures. Site enhancements include a property-wide drainage system, new sidewalks, restored and restriped parking areas, LED site lighting, commercial gate access, and landscaping improvements.
Located within Dallas, the property benefits from access to one of the nation's largest metropolitan economies, providing connectivity to a broad labor pool, regional transportation networks, and a diverse commercial business environment. The combination of upgraded infrastructure, multiple buildings, and documented capital investment supports owner-user and investment-oriented acquisition strategies.
Property Facts
| Price | $1,795,000 | Rentable Building Area | 3,222 SF |
| Price Per SF | $557.11 | No. Stories | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1985/2019 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Manufacturing | Parking Ratio | 9.31/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 0.81 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | IR - Heavy Industrial and storage. | ||
| Price | $1,795,000 |
| Price Per SF | $557.11 |
| Sale Type | Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.81 AC |
| Rentable Building Area | 3,222 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2019 |
| Tenancy | Single |
| Parking Ratio | 9.31/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IR - Heavy Industrial and storage. |
Amenities
- Courtyard
- Fenced Lot
- Security System
- Skylights
- Yard
- Storage Space
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00000600976000000 | Improvements Assessment | $235,880 |
| Land Assessment | $211,500 | Total Assessment | $447,380 |
Property Taxes
Parcel Number
00000600976000000
Land Assessment
$211,500
Improvements Assessment
$235,880
Total Assessment
$447,380
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2655 Myrtle Springs Ave