4401 N State Highway 161 - 4401 N State Hwy 161, Irving, TX
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4401 N State Highway 161 - 4401 N State Hwy 161, Irving, TX
110,166 SF Specialty Building Offered For Sale in Irving, TX 75038
INVESTMENT HIGHLIGHTS
- Data Center Redevelopment Opportunity
- Hard Corner Lot (Hwy 161 & Walnut Hill)
- Minutes from Class A Industrial, hotels, other large-scale amenities
- Existing buildings to be razed for new data center multibuilding development
- Adjacent to DFW International Airport
- Existing building uses could include Church, College, Vocational School, Federal or Municipal Uses, Non-Profit
EXECUTIVE SUMMARY
This opportunity sits on 24.538 acres at the northwest corner of President George Bush Tollway (PGBT) and Walnut Hill Lane in the shadow of DFW Airport. The main sanctuary building is a two-story, 96,646 square foot structure (Dallas County Appraisal District - DCAD), and the second structure is a 13,520 square foot student center building. The total improvements are 110,116 square feet (DCAD) and the site is 24.538 acres. The property was originally built in 2003 and is maintained in excellent condition. The existing building includes a 1,700-seat sanctuary, media control rooms, baptismal, offices, a chapel room, multiple kitchens, student center auditorium, kids indoor play place, and state of the art classrooms among others. The building is concrete-masonry, block, tilt-wall construction with a modified bitumen roof, concrete parking, porte cache and excellent landscaping. There is opportunity here for existing use and re-development making use of the acreage.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
PROPERTY TAXES
| Parcel Number | 320508200A0010000 | Improvements Assessment | $36,355,750 (2023) |
| Land Assessment | $4,275,500 (2023) | Total Assessment | $40,631,250 (2023) |
PROPERTY TAXES
Parcel Number
320508200A0010000
Land Assessment
$4,275,500 (2023)
Improvements Assessment
$36,355,750 (2023)
Total Assessment
$40,631,250 (2023)
ZONING
| Zoning Code | CO - Commercial Office |
| CO - Commercial Office |
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4401 N State Highway 161 - 4401 N State Hwy 161, Irving, TX
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