AI starting opinion
AI gives the value. This worksheet lets you prove it or adjust it. Use the research, choose comps and refine assumptions to support your conversations with a banker, lender, partner or buyer.
Estimated market value as of September 17, 2026. The property is currently offered at $2,000,000; that asking price is verified, but it is not a closed-sale indication. Reconciliation reflects its small industrial/IOS utility, fenced concrete yard and office component, tempered by its 1985 vintage and secondary location.
Starting assumptions and sources
- Value is fee-simple, in as-is condition, with clear title and no material environmental, structural or zoning problems.
- Research date is September 17, 2026.
- Verified facts: approximately 12,000 SF building, 1.30 acres, built in 1985, about 3,000 SF office, secured concrete yard, grade-level doors and a $2,000,000 asking price.
- No interior inspection, lease, operating statements, environmental report or verified closed-sale comp set was available; valuation figures are estimates, not an appraisal.
Research basis
Exact standalone commercial parcel, APN 008795000217A0000; no parent-property or separately deeded unit discrepancy identified. Public marketing by Bates Real Estate/Texas IOS shows a current asking price of $2,000,000 for the 12,000 SF building on approximately 1.3 acres. The marketed 3,000 SF figure refers to office area within the building, not total building area.
Sales starting assumptions and sources
- Comparable unit of comparison is approximately $145-$175 per building SF.
- The concrete yard and 4.7:1 land-to-building ratio add owner-user/IOS value.
- The $2,000,000 listing is an asking price, not a verified arm's-length sale.
- Property condition is average and all stated improvements are functional.
Use the details below to prove or adjust this opinion. In Value summary, choose the AI opinion, your worksheet calculation or your own value.
Reconciled starting assumptions: The saved selected-comp calculation starts at $2,718,866. An overall adjustment of -29.382319% was calculated to reproduce the new $1,920,000 AI Sales opinion. This is an editable reconciliation assumption, not a change to comp prices or independent evidence of value. These assumptions reproduce the AI opinion; they are not independent confirmation of it.
How Sales works: Sales starts with the AI opinion above. Compare the property with similar properties using prices per square foot or per unit, then choose Worksheet calculation in Value summary to use your selected comps. Asking prices are seller expectations, not completed transactions; the price basis is shown below.
Improve your estimate: Click any property address to see what Google finds, then fill in or correct the comp’s price, building size and other details here. Our research focuses on your subject property, so we don’t fully investigate every comparable. Verifying and completing the comps you choose is one of the best ways to make your estimate more accurate.
All comps are selected to start, with equal weights. Change any selection or weight. Grades are guidance and do not change weights. All candidates stay in this table. Use selects a comp for calculations and print; unchecking it keeps the row here. A/B/C filters only change visibility. $/SF and $/unit work independently.
| Use | Address | Status | Price | Building SF | Units | $/SF | $/unit | Sold date | Miles | Grade | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
5956 W Jefferson Blvd, Dallas, TXDetailsClosed transaction; source reports a 10,000 SF infill warehouse on 7.79 acres of improved land. Sale price was not disclosed. Exact 10,000 SF warehouse/IOS use in Dallas; substantially larger land component than subject. | soldClosed sale price | — | — | 2023-04-12 | 17.9 | ||||||
2616 Sea Harbor Rd, Dallas, TX 75212DetailsClosed industrial acquisition represented by STRIVE; published transaction amount was not disclosed. Exact 12,000 SF building size and same-city industrial use; West Dallas location is less similar than Southeast Dallas. | soldClosed sale price | — | — | 2025-07-17 | 18.3 | ||||||
9101 Sovereign Row, Dallas, TXDetailsLee & Associates reported the completed sale to Apel Construction Services; consideration was not disclosed. 9,800 SF industrial building is highly similar in scale and remains within Dallas. | soldClosed sale price | — | — | 2023-11-30 | 17.9 | ||||||
4309 Action St, Garland, TX 75042DetailsClosed sale to Cenote Investment Group; source identifies 1,500 SF of office within the 7,692 SF building. Price was not disclosed. Comparable office/warehouse configuration and 7,692 SF size; neighboring-city location is inferior to Dallas/Southeast Dallas. | soldClosed sale price | — | — | 2023-05-26 | 15.4 | ||||||
4350 N Beltwood Pkwy, Farmers Branch, TXDetailsOff-market closed acquisition; source reports 25-foot clear height, fenced outdoor storage and both dock-high and grade-level loading. Price undisclosed. Strong functional match with fenced storage and grade-level loading; 18,900 SF is within the preferred range, but location is across the metro. | soldClosed sale price | — | — | 2024-07-08 | 21.8 | ||||||
1533 Prudential Dr, Dallas, TX 75235DetailsRockbrook Equity completed an off-market acquisition; reported features include 18-foot clear height, heavy power and dock-high loading. Price undisclosed. Similar conventional industrial utility and 18-foot clear height, but 30,625 SF exceeds the preferred size range and lacks confirmed IOS. | soldClosed sale price | — | — | 2024-06-26 | 16.6 | ||||||
4910 Joseph Hardin Dr, Dallas, TXDetailsPublished closed price is $8,825,000, or approximately $441/SF. The unusually high unit price warrants verification of included land, improvements and transaction circumstances. 20,000 SF is within the preferred range and in Dallas, but published evidence does not establish a subject-like office/yard configuration. | soldClosed sale price | $441.25 | — | 2025-12-16 | 16.0 | ||||||
3857 Miller Park Dr, Garland, TX 75042DetailsClosed Garland industrial acquisition by Faropoint Ventures; sale consideration was not disclosed. Confirmed regional industrial sale, but 59,028 SF is far larger than the subject and IOS characteristics were not reported. | soldClosed sale price | — | — | 2022-05-16 | 15.3 | ||||||
10426 C F Hawn Fwy, Dallas, TX 75217DetailsCurrent LoopNet offering at $795,000; built in 1985. Asking price is not a closed-sale price. Very close Southeast Dallas corridor and same industrial use; 5,000 SF is slightly below the preferred range. | activeAsking price | $159.00 | — | — | 1.4 | ||||||
10820 C F Hawn Fwy, Dallas, TX 75217DetailsCurrent offering at $1,098,500; source identifies an industrial building constructed in 1969. Asking price only. Immediate C F Hawn corridor evidence, but the 3,380 SF building is materially smaller than the subject. | activeAsking price | $325.00 | — | — | 1.0 | ||||||
11909-11931 C F Hawn Fwy, Dallas, TX 75253DetailsUnpriced active offering comprising 7,073 total SF on approximately 0.99 acre; listing describes the site as fully fenced. Same ZIP and corridor with fenced industrial utility; 7,073 SF is smaller but within the preferred range. | activeAsking price | — | — | — | 0.5 | ||||||
401 W Simonds Rd, Seagoville, TX 75159DetailsActive stabilized NNN industrial offering at $1,255,000 and a published 6.50% asking cap rate. Asking price only. Immediate neighboring Southeast Dallas market and industrial use; 5,180 SF is slightly below the preferred range. | activeAsking price | $242.28 | $1,255,000 | — | 3.6 | ||||||
5515 Parkdale Dr, Dallas, TX 75227DetailsActive Military Parkway-area industrial offering at $1,200,000. Asking price is not evidence of a closed sale. East/Southeast Dallas industrial location is locally relevant; 5,200 SF is slightly below the preferred range. | activeAsking price | $230.77 | — | — | 8.7 | ||||||
4337 US Highway 80 E, Mesquite, TX 75150DetailsUnpriced active industrial offering; source reports construction in 1996. Nearby Mesquite/East Dallas corridor and 8,520 SF industrial scale are relevant; yard and office details remain unconfirmed. | activeAsking price | — | — | — | 7.8 | ||||||
1301 W Wintergreen Rd, Hutchins, TX 75141DetailsHistorical offering described a newly constructed warehouse plus 85 truck-parking stalls on 5.21 acres. Crexi indicates sale data exists behind its records paywall, but public price/date were unavailable. Strong Southeast Dallas IOS/logistics match with 100% concrete yard and grade-level access; building is smaller at approximately 6,225 SF. | unknownPrice type unknown | — | — | — | 7.6 | ||||||
8777 Governors Row, Dallas, TX 75247DetailsActive $2,450,000 offering on 0.80 acre with fenced IOS, one dock, one ramp and 14-foot clear height. Asking price only. Exceptional functional and size match: 11,475 SF, approximately 3,000 SF office, fenced outdoor storage and grade/ramp loading; location is farther northwest. | activeAsking price | $213.51 | $2,450,000 | — | 17.6 | ||||||
3033 W Royal Ln, Building 2, Irving, TX 75063DetailsActive owner-user offering at $3,295,000 on 2.54 acres; 14-foot clear height and one grade-level door. Asking price only. 16,197 SF with 2,500 SF office, grade-level door and screened storage is a strong functional match; Irving location is less similar. | activeAsking price | $203.43 | $3,295,000 | — | 26.0 | ||||||
2626 Sea Harbor Rd, Dallas, TX 75212DetailsUnpriced active offering; 0.41-acre site, one dock-high door, one grade-level door and 18-foot clear height. 9,592 SF, one-story warehouse with 18-foot clear height and a grade-level door closely matches building utility and scale. | activeAsking price | — | — | — | 18.3 | ||||||
1153 Quaker St, Dallas, TX 75207DetailsActive Dallas flex-warehouse offering at $2,650,000; constructed in 1967. Asking price only. 10,446 SF industrial building closely matches subject scale; Design District setting and likely land coverage differ from an IOS property. | activeAsking price | $253.69 | $2,650,000 | — | 15.0 | ||||||
11031 Grissom Ln, Dallas, TX 75229DetailsActive industrial offering at $2,250,000; source reports construction in 2003. Asking price only. 11,608 SF is nearly identical in scale and remains in Dallas; IOS and office configuration were not established by the summarized listing. | activeAsking price | $193.83 | — | — | 21.1 | ||||||
2839 Nagle St, Dallas, TX 75220DetailsUnpriced active Dallas industrial/warehouse/flex offering. 10,350 SF warehouse/flex scale is highly comparable; Northwest Dallas location and yard details are less similar or unconfirmed. | activeAsking price | — | — | — | 19.0 | ||||||
5131 Sharp St, Dallas, TX 75247DetailsUnpriced active industrial offering in the Brookhollow/Stemmons area. 12,600 SF is nearly identical to the subject and the industrial use is comparable; IOS details remain unconfirmed. | activeAsking price | — | — | — | 16.7 | ||||||
1467-1471 Prudential Dr, Dallas, TX 75235DetailsUnpriced active industrial offering; source reports construction in 1971. 13,491 SF is highly comparable in scale; location is northwest of the subject and no dedicated storage yard was confirmed. | activeAsking price | — | — | — | 16.7 | ||||||
1321 Regal Row, Dallas, TX 75247DetailsUnpriced active industrial offering; constructed in 1966. 20,840 SF remains within the preferred range and in Dallas, but is larger and lacks confirmed IOS characteristics. | activeAsking price | — | — | — | 17.9 | ||||||
3420 Sojourn Dr, Carrollton, TX 75006DetailsUnpriced active industrial offering known as Sojourn Signature; source reports construction in 1985. 22,250 SF is within the requested range and building vintage is similar, but Carrollton is materially removed from Southeast Dallas. | activeAsking price | — | — | — | 23.9 | ||||||
9121 King Arthur Dr, Dallas, TX 75247DetailsUnpriced active industrial offering; source reports construction in 1970. 24,645 SF is just above the preferred range and remains in Dallas; no confirmed IOS or matching office ratio. | activeAsking price | — | — | — | 18.0 | ||||||
10711 Shady Trl, Dallas, TX 75220DetailsUnpriced active industrial offering; source reports construction in 1960. 7,200 SF falls within the preferred range and is a useful small owner-user industrial comparison; yard details are unconfirmed. | activeAsking price | — | — | — | 20.0 | ||||||
2344-2348 Irving Blvd, Dallas, TX 75207DetailsUnpriced active industrial, mixed-use and office offering. 9,718 SF industrial/office scale is comparable; infill Design District setting likely has less yard utility. | activeAsking price | — | — | — | 14.5 | ||||||
2425 Myrtle St, Dallas, TX 75215DetailsUnpriced active offering known as The Murray Gin Company; source reports construction in 1947. 15,000 SF industrial building in South Dallas is relevant in both scale and general market location; older vintage and IOS details differ or remain unknown. | activeAsking price | — | — | — | 10.5 | ||||||
2050 Irving Blvd, Dallas, TX 75207DetailsUnpriced active office/warehouse/showroom offering for sale or lease. 6,750 SF is within the preferred range and has office/warehouse utility; Design District location and unknown yard reduce similarity. | activeAsking price | — | — | — | 14.0 | ||||||
2622 National Dr, Garland, TX 75041DetailsUnpriced active industrial offering with a published 12.00% asking cap rate; no numeric asking price shown. 9,030 SF industrial scale is close to the subject; neighboring Garland location and unknown yard characteristics reduce similarity. | activeAsking price | — | — | — | 13.7 | ||||||
10105 W Technology Blvd, Dallas, TX 75220DetailsUnpriced for-sale-or-lease offering with two industrial suites, grade-level loading, heavy power and approximately 50% warehouse in one suite. 20,678 SF is within the preferred range and offers office/warehouse plus grade loading, but it is more office-intensive and lacks confirmed IOS. | activeAsking price | — | — | — | 20.0 | ||||||
1607 Fort Worth Ave, Dallas, TX 75208DetailsUnpriced active industrial offering. 7,000 SF falls within the preferred range and is in Dallas; IOS, office percentage and loading configuration were not disclosed in the summarized evidence. | activeAsking price | — | — | — | 13.9 | ||||||
4750 Iberia Ave, Unit 100, Dallas, TX 75207DetailsActive $1,250,000 offering marketed as a newly constructed live-work space with a large yard. Building area requires verification. Large-yard industrial/mixed-use utility is relevant, but building SF was not preserved in the public search result and the Design District setting differs. | activeAsking price | — | $1,250,000 | — | 15.2 | ||||||
2001 Irving Blvd, Dallas, TX 75207DetailsUnpriced active industrial condo offering consisting of one 6,276 SF unit. 6,276 SF is within the preferred range, but condominium/showroom format and limited probable yard utility differ from the subject. | activeAsking price | — | — | — | 14.0 | ||||||
636 Third Ave, Dallas, TX 75226DetailsActive industrial offering at $840,000; source reports construction in 1940. Asking price only. South/central Dallas industrial evidence, but 5,000 SF is below the preferred size range and building vintage is substantially older. | activeAsking price | $168.00 | — | — | 10.6 | ||||||
5520 Military Pkwy, Dallas, TX 75227DetailsActive Military Parkway industrial offering at $5,875,000. Related marketing describes an industrial building with outdoor storage; asking price only. East Dallas location and reported outdoor-storage utility are relevant, but 31,450 SF exceeds the preferred range. | activeAsking price | $186.80 | — | — | 8.7 | ||||||
3131 Halifax St, Dallas, TX 75247DetailsActive warehouse offering at $3,800,000. Asking price is not a closed-sale price. Same-city warehouse evidence, but 37,510 SF is more than three times the subject size and IOS characteristics are unconfirmed. | activeAsking price | $101.31 | — | — | 16.5 | ||||||
4240 Bronze Way, Dallas, TX 75237DetailsUnpriced active offering on 2.30 acres with fenced secured truck court, 16-foot clear height, three dock doors and two grade-level doors. Functional fenced-yard and 16-foot-clear industrial match, but the 51,860 SF building is far larger than the subject. | activeAsking price | — | — | — | 15.5 | ||||||
5020-5022 Sharp St, Dallas, TX 75247DetailsUnpriced active sale-or-lease offering marketed as a 42,500 SF industrial building plus approximately 1.60 acres of outdoor storage. Outdoor-storage use is strongly relevant, but the 42,500 SF building is substantially larger than the subject. | activeAsking price | — | — | — | 16.6 |
Research basis
Focused research was conducted as of September 16, 2026, beginning with the C F Hawn/US-175, Seagoville, Mesquite and Southeast Dallas area, then expanding through Dallas and immediate DFW industrial submarkets. Forty real candidates were preserved: eight confirmed closed sales and 32 active or useful incomplete leads. Texas is a non-disclosure state, and most identified small-industrial closed transactions did not publish consideration; those prices remain null rather than being inferred. Active prices are explicitly classified as asking prices. Straight-line distances are null because coordinate-grade measurements were not defensibly available in the cited public evidence.
Closed transaction; source reports a 10,000 SF infill warehouse on 7.79 acres of improved land. Sale price was not disclosed.
Closed industrial acquisition represented by STRIVE; published transaction amount was not disclosed.
Lee & Associates reported the completed sale to Apel Construction Services; consideration was not disclosed.
Closed sale to Cenote Investment Group; source identifies 1,500 SF of office within the 7,692 SF building. Price was not disclosed.
Off-market closed acquisition; source reports 25-foot clear height, fenced outdoor storage and both dock-high and grade-level loading. Price undisclosed.
Rockbrook Equity completed an off-market acquisition; reported features include 18-foot clear height, heavy power and dock-high loading. Price undisclosed.
Closed sales
Selected closed sales only. Each calculation uses the available SF or unit count independently.
Limited closed-sale evidence. Income and Cost remain independent cross-checks.
Asking market check
Active and pending asking prices are shown separately here so you can compare them with closed sales. The comp calculations use all selected priced comps; the AI estimate remains separate.
Income starting assumptions and sources
- Market base rent and yard contribution together equate to roughly $12-$14/SF annually on building area, predominantly NNN.
- Stabilized vacancy, management and nonrecoverable expense allowance is approximately 8%-12%.
- Stabilized NOI is approximately $135,000-$155,000 per year.
- Applicable capitalization rate is approximately 7.25%-8.25%.
- Property is valued at market occupancy rather than under a verified existing lease.
Use the details below to prove or adjust this opinion. In Value summary, choose the AI opinion, your worksheet calculation or your own value.
Reconciled starting assumptions: $13.50/SF/year includes the yard contribution; separate yard income is therefore zero to avoid double counting. Rent and 7.7% cap rate use the AI ranges. The worksheet retains 95% occupancy; its $9,140 expense allowance plus vacancy totals about 10.6% of potential income. Annual operating expenses of $9,140 were calculated to reconcile the inputs to $1,880,000. These are editable starting assumptions, not verified operating accounts. These assumptions reproduce the AI opinion; they are not independent confirmation of it.
How Income works: Estimate the annual income left after vacancy and operating expenses, before loan payments and income taxes. This net operating income (NOI), divided by a market capitalization rate (cap rate), gives an income-based value indication.
Commercial lane: rent is handled by rentable square feet per year.
Research basis
Estimated NNN base rent. Immediate southeast Dallas/Seagoville asking observations indicate approximately $12.00-$14.23/SF/year, while Q2 2026 East Dallas direct NNN asking rent was $10.25 and DFW service/light-manufacturing averages were $12.05-$12.54. The subject's secured concrete yard, substantial office finish and grade-level loading support a premium over general East Dallas warehouse rent, offset by its 1985 Class C construction and 12,000-SF size. Direct-listing lease structures were not always disclosed, so they were used as asking-price context rather than treated uniformly as NNN.
Estimated for this older shallow-bay/IOS property by balancing Q2 2026 East Dallas industrial vacancy of 10.9% and DFW overall vacancy near 8.8% against reported mid-to-high-90% occupancy for vintage shallow-bay and IOS assets. The subject's functional yard and limited competing IOS supply support below-submarket vacancy, while its fringe southeast Dallas location warrants more vacancy than prime IOS.
Annual estimate includes approximately $16,835 real estate taxes based on the reported $756,000 assessment and 2.226885% combined local tax rate, $7,200 insurance, $12,000 repairs/CAM/yard and sprinkler maintenance, $5,439 management and $3,000 reserves, rounded to $44,500 ($3.71/SF). The market rent is treated as NNN base rent. Taxes, insurance and routine CAM totaling about $36,035 are assumed recoverable; other_income_annual reflects approximately $33,300 of reimbursements after 7.5% vacancy. Management, reserves and unreimbursed vacancy-period expenses remain owner costs, avoiding double subtraction of tenant-paid expenses.
Estimated going-in NOI capitalization rate. Q2 2026 DFW industrial surveys report approximately 6.2% market cap rates and roughly 6.9% average reported transaction cap rates; a current nearby Seagoville IOS/office NNN offering is marketed at a 6.50% in-place cap rate. A 7.0% input recognizes the subject's older Class C improvements, single-tenant rollover exposure and southeast Dallas location while retaining credit for its functional secured concrete yard and scarce IOS use.
Income inputs researched as of September 16, 2026. The subject is currently marketed for sale at $2,000,000, but no subject lease rate or actual contract rent was disclosed; the sale asking price was not used as market-rent evidence. No potential income, NOI or property value was calculated.
Subject rentable-area and physical confirmation · 1812 Garden Spring Dr, Dallas, TX 75253 · 12,000 rentable SF · Current sale listing reports 12,000 SF, 1.30 acres, 1985 construction, approximately 3,000 SF office, 16-18-foot clear height, secured concrete yard and five grade-level doors. No subject rent was disclosed.
Immediate-area warehouse asking rent · 11909 C F Hawn Freeway, Dallas, TX 75253 · 14.23 $/SF/year asking · Active 3,373-SF fenced and gated automotive/service warehouse offered at $4,000 per month, equivalent to approximately $14.23/SF/year. Lease service type was not disclosed.
Seagoville Business Park warehouse asking rent · 1520 Bruce Way, Seagoville, TX 75159 · 12 $/SF/year asking · Active 5,000-SF warehouse offered at $5,000 per month. Includes office, 16-foot clear height, grade-level and dock loading, with secured outside-storage options. Lease service type was not disclosed.
Cost starting assumptions and sources
- Replacement building and base site cost is approximately $1.35-$1.80 million before land.
- Land is estimated at approximately $450,000-$650,000 based on 56,593 SF and secondary industrial-location assumptions.
- Total accrued depreciation on improvements is approximately 35%-50%.
- No extraordinary foundation, environmental or deferred-maintenance costs are present.
Use the details below to prove or adjust this opinion. In Value summary, choose the AI opinion, your worksheet calculation or your own value.
Reconciled starting assumptions: $140/SF gives $1.68M before land, within the AI replacement range. Land is assumed at $550,000. Total depreciation of 40.476190% was calculated to reproduce $1,550,000 including land. These are editable starting assumptions, not independent confirmation of the AI value. These assumptions reproduce the AI opinion; they are not independent confirmation of it.
How Cost works: Estimate what it would cost to replace the building today, subtract depreciation for age, condition and obsolescence, then add the land value.
Research basis
Practical September 2026 replacement-cost input synthesized from current Dallas/DFW and regional warehouse benchmarks. The subject is a relatively small 12,000 SF metal industrial building, which increases unit cost, with substantial 25% office content, full sprinklers, five grade-level doors and an unusually large secured concrete-paved IOS yard. These features support a figure near the upper half of the $115-$175/SF Dallas warehouse range, but below higher-spec tilt-wall/Class A costs. Input is intended as a single blended building-SF worksheet amount without separate cost buckets.
Estimated overall real-property depreciation as of September 16, 2026. The building is approximately 41 years old, but current marketing photographs show an operational, generally maintained metal warehouse, functional office space and a usable paved/fenced yard, with no obvious major structural failure. Physical aging and dated office finishes are moderated by continued utility for service/IOS use. Additional functional depreciation is recognized for the 16-18-foot clear height and grade-level-only loading versus modern distribution standards; external obsolescence appears limited because the East Dallas/Mesquite location retains industrial/IOS utility. No documented major renovation was found. A 35% overall allowance is considered practical, with roughly plus or minus 10 percentage points of uncertainty pending roof, paving, MEP and sprinkler inspections.
Estimated market land indication for the 56,593 SF site, equivalent to approximately $5.48/SF. Nearby Southeast Dallas County asking observations range from about $1.97-$4.55/SF for larger or less-developed tracts, while a small high-visibility CF Hawn commercial parcel is offered near $13.81/SF. The subject's small-parcel size, established industrial use and IOS suitability support a premium over the larger-tract observations, tempered by its secondary interior-road location. The $141,480 tax land allocation is retained only as assessment context and was not treated as market value.
Subject current industrial offering and physical features · 1812 Garden Springs Drive, Dallas, TX 75253 · 2,000,000 asking price USD · Current offering reports 12,000 SF on approximately 1.3 acres, about 3,000 SF of office, 16-18-foot clear height, secured concrete yard, five grade-level doors and full sprinklers.
Subject marketing brochure and condition evidence · 1812 Garden Springs Drive, Dallas, TX 75253 · 12,000 gross building SF · Brochure photographs show a serviceable older metal warehouse, operational office and break-room finishes, multiple overhead doors, extensive fenced yard paving and an apparently maintained metal roof/envelope. Finishes are functional but partly dated; no renovation date is stated.
Subject public-record identity and age · 1812 Garden Springs Drive, Dallas, TX 75253 · 1,985 year built · Public-record summary reports a 1985 one-story, 12,000 SF nonresidential building on 1.30 acres/56,593 SF.
Dallas warehouse turnkey construction benchmark · Dallas, TX · 145 USD per building SF midpoint · 2025 Texas market guide reports Dallas warehouse budgets of $115-$175/SF. Stated scope includes shell, erection, site preparation, foundations, concrete/paving, building systems and interior office/restroom buildout.
DFW small tilt-wall warehouse benchmark · Dallas-Fort Worth, TX · 155 USD per building SF range midpoint · 2025-2026 guidance reports $80-$230/SF for a 10,000 SF DFW tilt-wall warehouse, with Class A projects around $140-$230/SF. The source states that office buildout and small-building economics move costs above the baseline-shell floor.
Value summary
These editable worksheet assumptions start at the AI approach opinions. Changing inputs changes the calculated values below. Original AI opinions remain visible; select one again at any time. Your final conclusion is yours.
AI suggested weights: 60% Sales · 30% Income · 10% Cost. Sales 60%, Income 30%, Cost 10%. Sales receives greatest weight because the property is actively marketed and industrial price-per-square-foot evidence is available. Income is meaningful for an investor or owner-user alternative. Cost receives limited weight because depreciation and land/site-value uncertainty make it less reliable for a 41-year-old property.