This exceptional 5,000-square-foot retail space, located at 2543 Marsh Lane in Carrollton, Texas, presents a unique investment opportunity. Currently vacant, the property is ideally suited for an automotive shop, reflecting its existing use and zoning. Situated in Dallas County, zip code 75006, the property boasts a single-tenant occupancy, simplifying management and maximizing potential rental income. The building's total square footage is 1 square foot, indicating that the entire space is available for lease. The property is zoned PD, offering flexibility for a variety of automotive-related businesses. Its convenient location in Carrollton provides excellent access to major transportation routes and a thriving customer base. This is a rare chance to acquire a well-positioned, vacant retail space in a desirable Texas market. The property's size and zoning make it an attractive prospect for entrepreneurs seeking to establish or expand their automotive businesses. With its strategic location and ample space, this property promises significant return on investment. Interested parties are encouraged to act quickly to secure this exceptional opportunity. The property's coordinates are 32.9849615 latitude and -96.8554118 longitude.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,457,440
6.5%
$1,345,330
7%
$1,249,240
Comparable approach
Method
Valuation
Relative Method
$889,081
Geo Method
$619,282
Alternative Use
Use
Valuation
Industrial / Distribution
$2,647,180
Mixed-Use / Specialty
$1,330,980
Hospitality / Lodging
$964,058
Office
$1,313,120
Institutional / Educational
$1,380,270
Residential Income
$1,614,920
Multifamily
$1,989,810
Automotive / Energy
$1,183,090
Parking / Income-Based Land
$417,709
Restaurant / Food Service
$671,861
Healthcare / Senior Housing
$1,374,700
Location Insight
City
Carrollton
County
Dallas
State
Texas
Latitude
32.985
Longitude
-96.8554
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Marsh Ln Carrollton, TX 75006
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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