2521 Merrell Rd, Dallas, TX 75229 – Office Warehouse

Warehouse and StorageYear Built 1998Total Assessed Value $1,152,000County Dallas

Property Details

The Warehouse and Storage property 2521 Merrell Rd, Dallas, TX 75229 is located in Dallas County. The specific property type is Office Warehouse. The total assessed value of this property is $1,152,000.

The gross building area is 8,736 square feet and the land area is 19,594 square feet for this Office Warehouse built in 1998.

Legal description: Anne Johnston Ford (Unrec) Blk 6527 Lot 70A Int200503626541 Dd11072005 Co-Dc 6527 000 70A00 1006527 000

$1,400,000

Market Value

N/A

Cap Rate

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NOI

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Occupancy

Avg Rent

Property Image of 2521 Merrell Rd, Dallas, TX 75229, Warehouse and Storage

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Property Information

Property TypeWarehouse and Storage

Sub Property TypeOffice Warehouse

Building Area8,736

Land Size19,594

Land Value$293,910

Improved Value$1,106,090

Total Assessed Value$1,152,000

Year Built1998

County NameDallas

Account Number00000602713000000

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingYes

Roof CoverGravel or rock

Type ConstructionTilt up pre cast concrete

No of Stories1

Exterior WallsOther

Sales History

3/10/2000

Other$300,000

Buyer

Seller

Book Number

Recording Date

3/10/2000

Transaction Details

acquired the property from through a Other transaction on 3/10/2000 for $300,000.

Property constructed in 1998

YSale Price (USD) byXSales Year

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Mortgage History

10/6/2022

Arms length residential transactions purchase or resales$3,300,000

Borrower

Doubler Merrell Management Ll

Lender

Symetra Life Insurance Company

Book Number

2022.268324

Recording Date

10/6/2022

Transaction Details

Doubler Merrell Management Ll borrowed the property from Symetra Life Insurance Company through a Arms length residential transactions purchase or resales transaction on 10/6/2022 for $3,300,000.

Property constructed in 1998

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Assessment History

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
2521 Merrell Rd, Dallas, TX 75229	00000602713000000	Warehouse and Storage	Office Warehouse	Double R Merrell Llc	Dallas	-	$ 300,000	2000-03-10	$ 34.34	1998	8,736	-
1878 Royal Ln, Dallas, TX 75229	00000807733000000	Warehouse and Storage	Office Warehouse	G1g2 Investments Inc	Dallas	1.4	$ 1,303,400	2025-11-07	$ 91.93	1970	14,178	5
11177 Ables Ln, Dallas, TX 75229	00653200000010000	Warehouse and Storage	Office Warehouse	Rtt Investments Llc	Dallas	0.1	$ 2,453,052	2025-03-28	$ 217.86	1983	11,260	-
13346 Bee St, Farmers Branch, TX 75234	24160910010010100	Warehouse and Storage	Office Warehouse	Tx Squirrel Llc	Dallas	2.6	$ 931,000	2025-03-17	$ 176.06	1981	5,288	-
2603 Southwell Rd, Dallas, TX 75229	0065200A0001A0000	Warehouse and Storage	Office Warehouse	Kirchmeyer Development Corp	Dallas	0.2	$ 1,915,200	2025-06-09	$ 120.30	1985	15,920	-
4480 Alpha Rd, Farmers Branch, TX 75244	241475600A0010000	Warehouse and Storage	Office Warehouse	4480 Alpha Llc	Dallas	4.7	$ 2,803,553	2025-06-26	$ 232.06	2021	12,081	-
2441 Lacy Ln, Carrollton, TX 75006	14108620020030000	Warehouse and Storage	Office Warehouse	2441 Lacy Llc	Dallas	3.0	$ 3,491,250	2025-03-21	$ 214.45	2003	16,280	-
11444 N Stemmons Fwy, Dallas, TX 75229	00000603865000000	Warehouse and Storage	Office Warehouse	Avilone Rental Llc	Dallas	0.7	$ 1,567,172	2024-10-30	$ 149.25	1980	10,500	-
4756 Algiers St, Dallas, TX 75207	00000814993000000	Warehouse and Storage	Office Warehouse	Hj3 Ventures Llc	Dallas	6.4	$ 2,384,690	2025-04-22	$ 461.61	1986	5,166	-
2400 Tarpley Rd, Carrollton, TX 75006	140032300A0010000	Warehouse and Storage	Office Warehouse	Max Cool Llc	Dallas	6.6	$ 2,327,500	2025-01-27	$ 198.14	1988	11,747	-
2278 Monitor St, Dallas, TX 75207	00000502531000000	Warehouse and Storage	Office Warehouse	Waskom Enterprises Llc	Dallas	7.1	$ 2,660,000	2025-11-10	$ 243.90	1968	10,906	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2521 Merrell Rd, Dallas, TX 75229	—	-	19,594	1998	8,736	$ 1,152,000	$ 293,910	-
Plainscapital Bank	2468 Fabens Rd, Dallas, TX 75229	07/12/2025	$ 100,000	70,430	1987	29,416	$ 1,996,704	$ 1,056,450	Bilal Hamzah Inc
Happy Endings Fundings Llc	10606 Shady Trl Unit20, Dallas, TX 75220	06/25/2025	$ 685,000	87,702	1984	5,336	$ 893,240	$ 70,780	Towers Holdings Llc
New York Life Insurance Co	11419 Ferrell Dr, Farmers Branch, TX 75234	06/20/2025	$ 75,000,000	79,183	1981	33,140	$ 3,399,864	$ 752,240	Atlas Riverbend Llc
New York Life Insurance Co	11431 Ferrell Dr, Farmers Branch, TX 75234	06/20/2025	$ 75,000,000	78,896	1981	33,140	$ 3,399,864	$ 749,510	Atlas Riverbend Llc
First Mid Bank & Trust Na	2603 Southwell Rd, Dallas, TX 75229	06/09/2025	$ 1,440,000	45,084	1985	15,920	$ 1,948,090	$ 676,260	Swell Park Llc
Commonwealth Business Bank	11605 Harry Hines Blvd, Dallas, TX 75229	05/05/2025	$ 1,200,000	26,080	1998	14,103	$ 1,821,230	$ 312,960	Vania Property Llc
Frost Bank	2548 Southwell Rd Unit2548, Dallas, TX 75229	04/04/2025	$ 139,000	178,465	1981	1,250	$ 209,340	$ 52,710	Bs Music Services Llc
Wells Fargo Bank Na	11177 Ables Ln, Dallas, TX 75229	03/28/2025	$ 1,844,400	16,330	1983	11,260	$ 1,481,110	$ 244,950	Rtt Investments Llc
T Bank National Association	13346 Bee St, Farmers Branch, TX 75234	03/17/2025	$ 700,000	11,774	1981	5,288	$ 496,800	$ 176,610	Tx Squirrel Llc
Promiseone Bank	9995 Monroe Dr, Dallas, TX 75220	01/28/2025	$ 2,524,500	89,137	1969	28,800	$ 2,134,210	$ 579,390	Rksm Inc

Mean$ 83,448,593

Median$ 2,532,250.0

Loan Amount Range$ 100,000 - $ 579,175,400

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License Details

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