737 Irby Lane, Irving, TX 75061 | 20482732 | Allie Beth Allman & Associates

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Listing provided courtesy of Caprice Michelle, LLC - MLS#20482732MLS Provider

737 Irby LaneIrving, TX 75061

Commercial · 3,162 Sq. ft. | 0.28 Acres

$829,900 Active

Overview

Time on Site:
87 days
Visits:
0

PERFECT 1031 INVESTMENT WITH A 7% CAP RATE. THERE ARE TWO SEPARATE SUITES IN THIS REAL ESTATE PROPERTY THAT IS FOR SALE AND BOTH HAVE A 3 & 5 YEAR LEASE IN PLACE WITH RENEWALS. ONE TENANT IS A DENTAL PRACTICE 1650 SF AND THE OTHER IS A NEWLY REMODELED BEAUTY SALON 1510 SF IN THE SECOND SUITE. ADDITIONAL PARKING IS BEING ADDED IN FRONT OF THE SECOND SUITE . A NEW ROOF WAS ALSO INSTALLED IN 2020, NEW WINDOWS, HVAC AND SIGNAGE...ALL INFO IS DEEMED RELIABLE, BUT THE BUYER AND BUYER'S AGENT ARE TO VERIFY ALL INFO.

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Facts & Features

  • Type Commercial
  • Sq. ft. 3,162
  • Price/Sq.ft. $262
  • Lot 0.28 Acres

General

Green Features
  • Green Energy Efficient: Appliances, HVAC
Income/Expenses
  • Gross Income: 42000.00
  • Net Operating Income: 0
  • Operating Expense Includes: Maintenance, Payroll
Building Information
  • Year Built: 1968
  • Year Built Details: Preowned
Business Information
  • Business Type: Dental, Professional Office, Professional Service
Location/Region
  • Country: United States
  • County Or Parish: Dallas
  • Subdivision Name: Forest Park Estates
Rent/Lease Information
  • Lease Expiration: 2027-07-02
  • Lease Term Description: 5 year Lease in Place.
  • Tenant Pays: All Utilities, Electricity, Gas, Grounds Care, Insurance, Security, Water
General Information
  • Building Use: Medical
  • Inclusions: Building Only
  • Multi Zoning YN: No
  • Municipal Utility District: No
  • Number Of Leaseable Spaces: 2
  • Parcel Number: 321235000C16R0000
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Second Mortgage: No
  • Special Listing Conditions: Standard

Interior

Building Information
  • Accessibility Features YN: No
  • SQFT Gross: 3162
Building Interior
  • Building Area Source: Assessor
  • Building Area Total: 3162.00
  • Ceiling Height: 8 to10 Feet
General Information
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Flooring: Carpet, Vinyl
  • Foundation Details: Slab
  • Heating: Central, Natural Gas
  • Leasable Area: 1581.00
  • Security Features: Fire Alarm
  • Stories Total: 1

Exterior

Parking Information
  • Parking Features: Garage Faces Front, Garage Faces Side
Lot Information
  • Lot Features: Level
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.2770
  • Lot Size Area: 0.2770
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12066.1200
  • Lot Size Units: Acres
Waterfront/View
  • Waterfront: No
Building Exterior/Construction
  • Construction Materials: Brick, Concrete
  • Construction Materials Walls: Brick, Paneling
  • Roof: Composition
General Information
  • Number Of Units Total: 2
  • Road Frontage Type: City Street
  • Utilities: City Sewer, City Water, Concrete

Monthly Cost

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$ %
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$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$367,465
Median Sales Price
$197
Median Price per Square Foot
66
Properties Sold
24
New on Market
51
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
11/25/2023Source: North Texas MLS Added to Database
November 25, 2023