Listed by Weitzman Dallas
Unpriced
2339 Inwood Rd
Details
Property Type Office, Mixed Use
Square Footage 70,170
Net Rentable (SqFt) 40,174
Units 284
NOI $356,282
Year Built 1965
Buildings 2
Stories 2
Acreage 1.840
Zoning IM (Industrial/Manufacturing District within Southwestern Medical District Overlay)
Office | 70,170 SqFt
Marketing description
The property at 2339 Inwood Road in Dallas’ Love Field/Maple Avenue Corridor area represents one of the best covered-land-play investments in the Dallas areas.
The site, near the intersection of key area thoroughfares Inwood Road and Maple Avenue, is peripheral to the sprawling Dallas medical district that includes UT Southwestern Medical Center and Parkland Hospital, two of the most important medical facilities in Texas. Additionally,the Maple Avenue corridor reported more than $770 million in new project value in 2024 alone, and hundreds of millions worth of projects are in the works, including high-density residential, senior living and mixed-use projects, as well as medical district expansion projects.
On the site are two single story structures and a basement with vehicular parking and conventional drive up units totaling 70,170 gross square feet of buildings, leasing office, manager’s apartment totaling 40,274 net rentable square feet of 284 self storage units.
As a covered land play, the site’s revenue enables it to generate outstanding income while being marketed for highest-and-best use. Under its IM zoning, the site is permitted to house buildings up to 110 feet or eight stories. The land, which is outside the flood plain, is fully developable
Investment highlights
- Irreplaceable Infill Location – Dallas Medical District: Rare Opportunity to Acquire a Well-located Infill Asset Immediately Adjacent to Ut Southwestern Medical Center, Within the Core of Dallas’ Medical District. the Property Sits Near the Inwood–maple Intersection and the Stemmons Freeway Corridor, One of the Most Supply-constrained and Institutionally Driven Submarkets in North Texas.
- Covered Land Play With in-place Income: the 1.84-acre (±80,150 Sf) Site is Improved With a Fully Leased, Income-producing Selfstorage Facility, Allowing Investors to Generate Stable Cash Flow While Evaluating Long-term Redevelopment Strategies. the Existing Use Provides Downside Protection With Minimal Ownership Involvement.
- Future Redevelopment Upside: Zoned Industrial Manufacturing (Im), the Property Offers Meaningful Density Upside Relative to Surrounding Medical, Institutional, and Mixed-use Developments. the Site’s Size, Frontage, and Proximity to Major Healthcare Anchors Position It Well for Future Intensification in a Highbarrier Submarket.
- Institutionally Anchored Demand Drivers: the Dallas Medical District Spans Over 1,000 Acres, Serves Approximately 3.4 Million Patients Annually, and Supports Roughly 42,000 Employees. the District is Anchored by Parkland Memorial Hospitals and Children’s Health, Creating Long-term Demand for Medical, Residential, and Mixed-use Real Estate.
- Exceptional Regional Connectivity: Strategically Located Near I-35e, Mockingbird Lane, and the Dallas North Tollway, With Immediate Access to Uptown, Oak Lawn, Downtown Dallas, and Dallas Love Field Airport. the Site Benefits From Strong Commuter Access and Proximity to Major Employment Centers.
- Limited New Supply / High Barriers to Entry: Medical District Land Offerings of This Scale Are Extremely Rare Due to Institutional Ownership,
- Zoning Constraints, and Ongoing Redevelopment Pressure. This Asset Provides a Unique Opportunity to Control a Sizeable Parcel in One of Dallas’ Most Stable, Long-term Submarkets.
Listing Contacts
Listed by Weitzman Dallas
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Loan Amount
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Annual Cash Flow
$356,282.00
$29,690.17/mo
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