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1111 Lagoon Dr

3,890 SF Office Building Dallas, TX 75207 $1,750,000 ($450/SF)

Investment Highlights

  • Within the Medical and Design District of Dallas
  • View of Trinity Strand Trail
  • Accessible from Lagoon Drive and Gretna Street
  • Option to Build a Terrace on the Second Level

Executive Summary

A LIVE-WORK Opportunity in the 958sf Mezzanine/Loft Apartment
The space has two walk-in closets with skylights and a double lavatory bathroom with ample storage cabinets, a walk-in ADA shower, and a washer/dryer hook-up cabinet.
1111 Lagoon Drive is a 3,890-square-foot, two-story building located in the heart of Dallas’ Medical and Design District. The building’s accessible position at the corner of Lagoon Drive and Gretna Street offers easy access for vehicles and pedestrians alike, with 18 dedicated parking spaces. The first floor of the building covers 2,932 square feet, while the second floor spans 958 square feet. Notable interior features include first-floor men’s and women’s bathrooms, as well as a full bathroom on the second floor. A large conference room is centrally located on the main floor, adjacent to a coffee, water, and refrigerator station, providing a convenient area for breaks or informal meetings. The potential addition of a second-story terrace offers stunning views of the nearby Trinity Strand Trail, enhancing the property’s appeal for companies looking to incorporate outdoor leisure into the workplace environment.
This property sits on an 11,969-square-foot lot, allowing room for potential expansions or additional outdoor spaces. Its strategic position within Dallas’ fast-growing Design District provides access to a bustling urban neighborhood known for its mix of creative industries, high-end showrooms, and thriving restaurants. The proximity to Dallas’ renowned medical hub ensures a consistent flow of professionals in the area, adding to the appeal for businesses seeking visibility and accessibility.
1111 Lagoon Drive offers an attractive opportunity for investors or companies looking to establish a presence in one of Dallas’ most dynamic and well-connected neighborhoods. The unique combination of modern amenities, flexible space, and an enviable location makes this property a strong candidate for a variety of commercial uses, particularly those in creative, medical, or design-related fields (which are all taking place within the surrounding 1 mile area).

Attachments

Lagoon Dr Flier

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,890 SF
Building Class
C
Year Built
2014
Price
$1,750,000
Price Per SF
$450
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,945 SF
Building FAR
0.33
Land Acres
0.27 AC
Zoning
Z116
Parking
12 Spaces (3.08 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008570001104A0100
Land Assessment
$205,370
Improvements Assessment
$356,230
Total Assessment
$561,600
  • Listing ID: 33207878

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 1111 Lagoon Dr, Dallas, TX 75207

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