305 BLACK ROCK TURNPIKE
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Location
305 BLACK ROCK TURNPIKE
Mblu
80/ 154/ / /
Acct#
11445
Owner
MMAC-HI FAIRFIELD SHELTON LLC
Assessed Value
$15,153,320
Appraisal
$21,647,600
PID
8670
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$19,238,000$2,409,600$21,647,600
Assessment
Valuation YearImprovementsLandTotal
2025$13,466,600$1,686,720$15,153,320

Owner of Record
OwnerMMAC-HI FAIRFIELD SHELTON LLC
Co-OwnerC/O ALTUS GROUP
Care Of
AddressPO BOX 92129
SOUTHLAKE, TX 76092
Sale Price$41,246,993
Certificate
Book & Page 6124/297
Sale Date04/20/2021
Instrument25
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MMAC-HI FAIRFIELD SHELTON LLC$41,246,993 6124/2972504/20/2021
COMMERCE DRIVE HOLDINGS LLC$11,000,000 5114/01980703/20/2014
652 COMMERCE LLC$0 4840/00010208/14/2012
GAULT NANCY M$0 1446/0325 12/12/1994
MARSH DAVID L ETAL$0 1258/0172 06/02/1993

Building Information
Building 1 : Section 1
Year Built: 1993
Living Area: 47,096
Replacement Cost: $20,997,777
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$17,218,200
Building Attributes
FieldDescription
Style:Hospitals-Priv
ModelComm/Ind
GradeVery Good
Stories:1
Occupancy1.00
Exterior Wall 1Stucco/Masonry
Exterior Wall 2Stone/Masonry
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseProfessional Building
Total Rooms 
Total Bedrms00
Total Baths0
Liv Area 
Effect Area 
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Min Wl
Rooms/PrtnsAverage
Wall Height12.00
% Comn Wall0.00
1st Floor Use:322I
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice 46,501 46,501
BASFirst Floor 595 595
CANCanopy 1,080 0
FEPPorch, Enclosed, Finished 40 0
ULPLoading Platform, Open 132 0
   48,348 47,096

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL1LOAD LEVELERS1.00 UNITS$8,2001
SPR1SPRINKLERS-WET42900.00 S.F.$228,7001
ELV1PASS ELEV1.00 STOPS$30,3001
ELV1PASS ELEV1.00 STOPS$30,3001
GENEGENERATOR1.00 UNITS$20,5001

Land
Land Use
Use Code3420
DescriptionProfessional Building  
ZoneDCD
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)104979
Depth0
Total Market Land$1,686,720
Appraised Value$2,409,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1LIGHTS-IN W/PL  14.00 UNITS$37,4001
PAV1PAVING-ASPHALT  80000.00 S.F.$428,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$19,238,000$2,409,600$21,647,600
2025$19,238,000$2,409,600$21,647,600
2024$14,844,100$2,216,800$17,060,900

Assessment
Valuation YearImprovementsLandTotal
2025$13,466,600$1,686,720$15,153,320
2025$13,466,600$1,686,720$15,153,320
2024$10,390,870$1,551,760$11,942,630

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