Irving, Texas, is a prime location for investing in Industrial Properties, with its strong economy and diverse range of industries. Industrial Properties in Irving offer a unique opportunity for investors to tap into the city's growth and development. These properties can represent a variety of investments, from manufacturing and logistics to research and development. Irving's Industrial Properties are characterized by their proximity to major transportation hubs, including the Dallas Fort Worth International Airport, and their access to a skilled and diverse workforce. The city's infrastructure, including highways such as the Airport Freeway and the President George Bush Turnpike, makes it an ideal location for businesses that require easy transportation of goods and services. Additionally, Irving is home to several major corporations, including Nexstar Media Group, 7-Eleven, and Michaels Stores, which can provide opportunities for collaboration and partnership. The city's amenities, including the Irving Arts Center and the University of Dallas, also make it an attractive location for businesses and employees alike. Overall, Irving's Industrial Properties offer a unique combination of location, infrastructure, and amenities that make them an attractive investment opportunity.
With 62 Industrial Properties available for sale in Irving, investors have a wide range of options to choose from. These properties vary in size, with an average size of 33,163 square feet and a largest size of 337,992 square feet. The average price per square foot is $296 USD, and the average cap rate is 5.08%. In addition to Industrial Properties, Irving also offers a range of other property types, including Warehouses, which are ideal for businesses that require large storage and distribution facilities. Land is also available for sale in Irving, providing opportunities for developers and investors to build new projects. Apartment Buildings and Commercial Real Estate round out the range of property types available in Irving, making it a diverse and attractive market for investors. Overall, Irving's Industrial Properties offer a unique combination of location, infrastructure, and amenities that make them an attractive investment opportunity in a diverse and growing market.
What is the average price per square foot for industrial properties in Irving?
The average price per square foot for industrial properties in Irving is $296 USD.
How do location and transportation access affect industrial property values?
In Irving, Texas, the location and transportation access of industrial properties significantly impact their values, with proximity to major highways, airports, and public transportation systems being highly desirable.
- Properties located near the Dallas Fort Worth International Airport, for instance, can command higher prices due to their accessibility to global markets and supply chains.
- Industrial properties situated along major highways, such as the Airport Freeway (SH 183), LBJ Freeway (I-635), and John Carpenter Freeway (SH 114), also tend to be more valuable due to their ease of access to regional markets.
- Additionally, properties with proximity to public transportation systems, like the Trinity Railway Express commuter rail line and the Las Colinas APT System, can attract higher prices due to their convenience and accessibility to a skilled workforce.
