2210 Kelly BlvdCarrollton, TX 75006

Property Details for 2210 Kelly Blvd

Year built

1983

Construction

FRAME

Lot size

0.71 AC

Property size (Sq ft)

9,288 SF

Zone code

Z398

Property type

Day care centers & nurseries

APN

14061620000020000

APU

14061620000020000

Description

This exceptional 9,288-square-foot building, situated on a 0.71-acre lot in Carrollton, Texas, presents a unique investment opportunity. Constructed in 1983, the single-tenant building is currently vacant, offering a blank canvas for a variety of uses. Previously utilized as a childcare center, the property boasts seven classrooms or rooms, multiple restrooms, an office, a kitchen, and a playground area. The building's layout is adaptable, making it suitable for a range of businesses. Its zoning, designated as Local Retail-2, allows for diverse possibilities, including retail, office, medical, restaurant, church, massage therapy, or fitness center uses. The property's history as a licensed childcare facility (with a previous capacity of 153) speaks to its inherent suitability for businesses requiring multiple rooms and ample space. The asking price is $9,500 per month, plus NNN expenses (property taxes estimated at $800 per month, with insurance costs to be determined based on actuals). This property in Dallas County offers significant potential for a savvy investor or business owner seeking a versatile and well-located space. The building's size and layout, combined with its flexible zoning, make it an attractive prospect for a wide range of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $2,669,760

  6.5%

  $2,464,390

  7%

  $2,288,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,604,400

  Geo Method

  $1,117,530

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,968,070

  Retail / Commercial

  $2,524,840

  Mixed-Use / Specialty

  $2,497,910

  Hospitality / Lodging

  $1,809,290

  Office

  $2,464,390

  Institutional / Educational

  $2,590,410

  Residential Income

  $3,030,780

  Multifamily

  $3,734,370

  Automotive / Energy

  $2,220,350

  Parking / Income-Based Land

  $783,933

  Restaurant / Food Service

  $1,260,910

  Healthcare / Senior Housing

  $2,579,950

Location Insight

City

Carrollton

County

Dallas

State

Texas

Latitude

32.9722

Longitude

-96.8774

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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