1420 Martin Luther King Jr Blvd 4,414 SF Office Building Dallas, TX 75215 $1,180,140 CAD ($267.36 CAD/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Building zoned for mixed purposes, Liquor and club,bar pawnshops Has 2 large parking lots.
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FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
4,414 SF
Building Class
C
Year Built
1970
Price
$1,180,140 CAD
Price Per SF
$267.36 CAD
Cap Rate
6%
NOI
$70,808 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,414 SF
Slab To Slab
12’
Building FAR
0.52
Lot Size
0.20 AC
Zoning
CR - Building is zoned for Multiple purposes
Parking
40 Spaces (9.06 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 00000142048000000 | Total Assessment | $235,827 CAD (2023) |
| Land Assessment | $70,956 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $164,871 CAD (2023) | Tax Year | 2024 |
