170 Ellendale AveDallas, OR 97338

Property Details for 170 Ellendale Ave

Year built

1951

Lot size

0.76 AC

Property size (Sq ft)

4,972 SF

Zone code

CG

Property type

Turn key restaurants

APN

07528-CD-00800

APU

07528CD00800

Description

This exceptional single-tenant retail space, located within Mill Valley Square in Polk County, offers 1,600 square feet of readily available space in a thriving commercial center. The property is part of a larger 26,595 square foot building, constructed in 1984 and renovated in 2010, ensuring modern amenities within a well-established location. The building is a single-story structure situated conveniently near Jasper Street. The property's strong tenant base includes prominent anchors such as Safeway, Rite Aid, and Dollar Tree, guaranteeing high foot traffic and excellent visibility for your business. This in-line retail space presents a unique opportunity to establish a presence in one of Dallas' busiest commercial areas. The single-tenant occupancy provides flexibility and control, while the existing infrastructure ensures a seamless transition for your operations. The property's location within a well-established center offers immediate access to a large customer base, making it an ideal investment for businesses seeking high visibility and strong returns. With its convenient location, modern amenities, and established tenant mix, this retail space is poised for success. The 1,600 square feet provides ample space for a variety of retail uses, and the single-story design offers easy accessibility. This is a rare opportunity to secure a prime retail location in a high-traffic area of Dallas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,342,727

  6.5%

  $1,239,440

  7%

  $1,150,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,973,438

  Geo Method

  $2,412,920

• Alternative Use

  Use

  Valuation

  Residential

  $1,045,514

  Hospitality

  $957,686

  Educational

  $796,783

  Medical

  $824,186

  Retail

  $1,239,440

Location Insight

City

Dallas

County

Polk

State

Oregon

Latitude

44.93

Longitude

-123.31

CBSA code

41420

CBSA name

SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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