3120 CommonwealthDallas, TX 75247
- Other commercial real estate
- 20,040 SF
Off market
$1,391,500 Estimated
Property Details for 3120 Commonwealth
- Year built
- 1964
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 20,040 SF
- Zone code
- Z116
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 575998000000
- APU
- 575998000000
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,529,072
- 6.5%
- $4,180,681
- 7%
- $3,882,061
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,069,375
- Geo Method
- $15,119,435
-
Alternative Use
- Use
- Valuation
- Residential
- $3,526,561
- Hospitality
- $3,230,311
- Educational
- $2,687,581
- Medical
- $2,780,011
- Retail
- $4,180,681
3120 Commonwealth, Dallas, Texas
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.8106
- Longitude
- -96.8622
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Assessed Improved Value$235,280
-
Assessed land value$914,720
-
Assessed value$1,150,000
-
Tax year2023
-
Tax bill$26,390
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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