3131 Commonwealth Dr, Dallas, TX 75247 – Storage Warehouse/Storage Facility

Warehouse and StorageYear Built 1961Total Assessed Value $2,567,352County Dallas

Property Details

The Warehouse and Storage property 3131 Commonwealth Dr, Dallas, TX 75247 is located in Dallas County. The specific property type is Storage Warehouse/Storage Facility. The total assessed value of this property is $2,567,352.

The gross building area is 33,420 square feet and the land area is 55,295 square feet for this Storage Warehouse/Storage Facility built in 1961.

Legal description: Blk 5/7697 Se Pt Lt 2 Acs 1.2694 Commonwealth & Iron Ridge Int201600107986 Dd04222016 Co-Dc 7697 005 00200 2007697 005

$3,465,470

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 3131 Commonwealth Dr, Dallas, TX 75247, Warehouse and Storage

1 / 3

Property Information

Property TypeWarehouse and Storage

Sub Property TypeStorage Warehouse/Storage Facility

Building Area33,420

Land Size55,295

Land Value$1,105,900

Improved Value$2,359,570

Total Assessed Value$2,567,352

Year Built1961

County NameDallas

Account Number00000766054000000

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionTilt up pre cast concrete

No of Stories1

Sales History

4/9/2025

Arms-lengthNot Disclosed

Buyer

3151 Commonwealth Dr Llc

Seller

Salient Group Llc

Book Number

2025.78996

Recording Date

4/9/2025

Transaction Details

3151 Commonwealth Dr Llc acquired the property from Salient Group Llc through a Arms-length transaction on 4/9/2025 for .

4/22/2016

Arms-lengthNot Disclosed

Buyer

Nshe Tx Derrylin Llc

Seller

Myja Fund Llc

Book Number

2016.107986

Recording Date

4/22/2016

Transaction Details

Nshe Tx Derrylin Llc acquired the property from Myja Fund Llc through a Arms-length transaction on 4/22/2016 for .

8/27/2014

Arms-lengthNot Disclosed

Buyer

Myja Fund Llc

Seller

U S Bank National Association

Book Number

2014.227642

Recording Date

8/27/2014

Transaction Details

Myja Fund Llc acquired the property from U S Bank National Association through a Arms-length transaction on 8/27/2014 for .

2/4/2014

Foreclosure$675,000

Buyer

U S Bank National Association

Seller

Tiebout Associates Inc

Book Number

201400029091

Recording Date

2/4/2014

Transaction Details

U S Bank National Association acquired the property from Tiebout Associates Inc through a Foreclosure transaction on 2/4/2014 for $675,000.

Property constructed in 1961

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

12/3/2010

Non arms length transactions with valid title company name no accomodations$200,000

Borrower

Tiebout Associates Inc

Lender

Penn Liberty Bank

Book Number

2011.38360

Recording Date

12/3/2010

Transaction Details

Tiebout Associates Inc borrowed the property from Penn Liberty Bank through a Non arms length transactions with valid title company name no accomodations transaction on 12/3/2010 for $200,000.

11/14/2008

Helocs both purchase money and non purchase money helocs$192,000

Borrower

Tiebout Associates Inc

Lender

Penn Liberty Bank

Book Number

2009.10412

Recording Date

11/14/2008

Transaction Details

Tiebout Associates Inc borrowed the property from Penn Liberty Bank through a Helocs both purchase money and non purchase money helocs transaction on 11/14/2008 for $192,000.

6/23/2006

Non arms length transactions with valid title company name no accomodations$200,000

Borrower

Tiebout Associates Inc

Lender

Penn Liberty Bank

Book Number

2006.378867

Recording Date

6/23/2006

Transaction Details

Property constructed in 1961

Loading Mortgage History...

Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,105,900	$2,359,570	$2,567,352	$3,465,470	Nshe Tx Derrylin Llc	110 Oregon Ave	Blk 5/7697 Se Pt Lt ...	1DSI5A	-	55,295	33,420
2025	$663,540	$1,475,920	$2,139,460	$2,139,460	Nshe Tx Derrylin Llc	110 Oregon Ave	Blk 5/7697 Se Pt Lt ...	1DSI5A	Third Instl/Inwood I...	55,295	33,420
2024	$663,540	$1,236,460	$1,900,000	$1,900,000	Nshe Tx Derrylin Llc	110 Oregon Ave	Blk 5/7697 Se Pt Lt ...	1DSI5A	THIRD INSTL/INWOOD I...	55,295	33,420
2023	$663,540	$1,048,460	$1,712,000	$1,712,000	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	THIRD INSTL/INWOOD I...	55,295	33,420
2022	$497,660	$1,164,090	$1,661,750	$1,661,750	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	-	55,295	33,420
2021	$497,660	$705,390	$1,203,050	$1,203,050	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	THIRD INSTL/INWOOD I...	55,295	33,420
2020	$497,660	$705,390	$1,203,050	$1,203,050	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	-	55,295	33,420
2019	$497,660	$705,390	$1,203,050	$1,203,050	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	-	55,295	33,420
2018	$497,660	$540,310	$1,037,970	$1,037,970	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	-	55,295	33,420
2017	$442,360	$595,610	$1,037,970	$1,037,970	Nshe Tx Derrylin Llc	110 Oregon	Blk 5/7697 Se Pt Lt ...	1DSI5A	-	55,295	33,420

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
3131 Commonwealth Dr, Dallas, TX 75247	00000766054000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Nshe Tx Derrylin Llc	Dallas	-	$ 675,000	2014-02-04	$ 20.20	1961	33,420	-
3145 Halifax St, Dallas, TX 75247	00000766024000000	Warehouse and Storage	Storage Warehouse/Storage Facility	462 Thomas Family Properties Lp	Dallas	0.2	$ 5,658,621	2025-09-29	$ 229.09	1962	24,700	-
8200 Sovereign Row, Dallas, TX 75247	00000778870000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Jrmk Alvington	Dallas	1.0	$ 3,990,000	2026-02-05	$ 159.22	1955	25,060	1
8900 Sovereign Row, Dallas, TX 75247	00000778759000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Lf & Ja Investments Llc	Dallas	1.4	$ 1,064,000	2025-10-02	$ 41.08	1957	25,900	-
8105 Sovereign Row, Dallas, TX 75247	00000778894000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Cerr 2215 Investments Llc	Dallas	1.0	$ 2,488,589	2025-06-24	$ 111.10	1957	22,400	-
1275 Profit Dr, Dallas, TX 75247	00000779584000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Sstb Llc	Dallas	1.5	$ 3,059,000	2025-05-07	$ 102.13	1966	29,952	-
3530 Pipestone Rd, Dallas, TX 75212	00000700592900000	Warehouse and Storage	Storage Warehouse/Storage Facility	Wa Triangle Industrial Llc	Dallas	2.9	$ 5,059,217	2024-12-24	$ 95.82	1975	52,800	-
3132 Iron Ridge St, Dallas, TX 75247	00000766063000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Iron Ridge Street Llc	Dallas	0.1	$ 3,662,820	2025-04-22	$ 180.88	1961	20,250	1
2651 Perth St, Dallas, TX 75220	00000600451000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Glow Town Investment Llc	Dallas	4.9	$ 4,788,000	2026-01-01	$ 191.06	1967	25,060	-
2709 Electronic Ln, Dallas, TX 75220	00000601952320000	Warehouse and Storage	Storage Warehouse/Storage Facility	Ideal Property Investments Llc	Dallas	4.8	$ 4,575,200	2026-04-03	$ 131.34	1979	34,836	-
7600 Ambassador Row, Dallas, TX 75247	00000778666000000	Warehouse and Storage	Storage Warehouse/Storage Facility	Ambassador Properties Llc	Dallas	0.8	$ 7,215,250	2025-04-24	$ 108.09	1955	66,750	1

Loading Comparables...

Nearby Lenders

Showentries

Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	3131 Commonwealth Dr, Dallas, TX 75247	—	-	55,295	1961	33,420	$ 2,567,352	$ 1,105,900	-
Frost Bank	5151 Mercantile Row, Dallas, TX 75247	09/08/2025	$ 350,000	91,667	1962	48,492	$ 3,725,496	$ 458,340	Kpkrypton Llc
Veritex Community Bank	4819 Woodall St, Dallas, TX 75247	08/28/2025	$ 750,000	97,430	1960	66,000	$ 4,236,444	$ 584,580	Kebe Development Ltd
Comerica Bank	7707 Sovereign Row, Dallas, TX 75247	07/25/2025	$ 794,020	20,516	1956	5,593	$ 1,003,030	$ 123,100	Mj & Kj Inc
Guaranty Bank & Trust Na	3402 Easy St, Dallas, TX 75247	07/10/2025	$ 375,000	18,750	1974	8,100	$ 450,000	$ 375,000	Black Mamba Properties Llc
Morgan Stanley Mtg Cap Holding	4800 Lakawana St, Dallas, TX 75247	07/09/2025	$ 1,000,000,000	302,482	1979	150,754	$ 9,045,240	$ 1,814,890	Gki Industrial Dallas Llc
Morgan Stanley Mtg Cap Holding	434 W Mockingbird Ln, Dallas, TX 75247	07/09/2025	$ 1,000,000,000	291,329	1980	148,951	$ 10,800,220	$ 3,204,620	Gki Industrial Dallas Llc
Gate City Bank	7600 Ambassador Row, Dallas, TX 75247	04/24/2025	$ 5,425,000	136,953	1955	66,750	$ 5,273,250	$ 821,720	Ambassador Properties Llc
Dominion Bank	3132 Iron Ridge St, Dallas, TX 75247	04/22/2025	$ 2,754,000	54,964	1961	20,250	$ 1,475,000	$ 659,570	Iron Ridge Street Llc
Frost Bank	3151 Commonwealth Dr, Dallas, TX 75247	04/09/2025	$ 650,000	30,056	1961	12,725	$ 1,427,490	$ 360,670	3151 Commonwealth Dr Llc
Cibc Bank Usa	5130 Cash Rd, Dallas, TX 75247	03/07/2025	$ 46,000,000	196,007	1984	27,800	$ 1,667,400	$ 980,040	Trip Portfolio Llc

Mean$ 93,852,108

Median$ 1,126,447.0

Loan Amount Range$ 350,000 - $ 1,000,000,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Loading Tenant Details...

Loading Tenants...

License Details

License Number

32091252976

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

8/17/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SUNDOWN FARMS, LLC
	Address Line	3131 commonwealth dr
	City / State / Zip	dallas TX 75247
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48113
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75247
Registration Details	SOS Code	A

License Timeline

License Issued

8/17/2023

Currently Active

Status: -

Renewal Required

Loading License Details...