605 Malloy Bridge RdSeagoville, TX 75159

  • Drive through restaurants
  • 2,550 SF
For Lease

Property Details for 605 Malloy Bridge Rd

Year built
2004
Construction
FRAME
Lot size
0.62 AC
Property size (Sq ft)
2,550 SF
Zone code
Z137
Property type
Drive through restaurants
APN
500240200A0010000
APU
500240200A0010000

Description

This exceptional 0-acre commercial land parcel presents a unique investment opportunity in the thriving Seagoville, Texas market. Located at 605 E Malloy Bridge Rd, Seagoville, TX 75159, this single-tenant site offers unparalleled visibility and accessibility. Its strategic location provides immediate proximity to a Walmart, ensuring high traffic volume and significant consumer exposure. The property is designated for commercial development, making it ideal for a variety of businesses seeking a high-traffic location. The land is currently vacant, offering complete flexibility for custom development to meet specific business needs. This presents a rare chance to establish a strong presence in a rapidly growing area. With its prime location and high visibility, this property is poised for immediate success. The site's coordinates are 32.6485945 latitude and -96.5328954 longitude. This is a blank canvas for a savvy investor or developer looking to capitalize on the robust commercial activity in Seagoville. The property's zoning and development restrictions should be independently verified. Serious inquiries are encouraged to explore the potential of this exceptional commercial land opportunity. This is a single-tenant site, offering a streamlined approach to development and management. The absence of existing structures allows for complete design freedom and efficient construction timelines.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $694,401
    6.5%
    $640,986
    7%
    $595,201
  • Comparable approach

    Method
    Valuation
    Relative Method
    $790,690
    Geo Method
    $1,923,880
  • Alternative Use

    Use
    Valuation
    Residential
    $540,695
    Hospitality
    $495,274
    Educational
    $412,062
    Medical
    $426,234
    Retail
    $640,986
605 Malloy Bridge Rd, Seagoville, Texas

Location Insight

City
Seagoville
County
Dallas
State
Texas
Latitude
32.6485
Longitude
-96.5331
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,451
$172,840
$721,360
$894,200
-
$172,840
$721,360
$894,200

FAQs

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