11211 Ables LnDallas, TX 75229

Property Details for 11211 Ables Ln

Year built

1988

Construction

TILT-UP CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

2,460 SF

Zone code

Z116

Property type

Showrooms

APN

006533000126A0000

APU

006533000126A0000

Description

This exceptional 3,060 square foot shopping center, located at 11211 Ables Lane in Dallas, Texas, presents a rare investment opportunity. Priced at $1,500,000 ($490.20/sq ft), this multi-purpose building is ideally suited for a variety of uses. Currently zoned for Industrial/Research District use, the property boasts significant advantages for businesses requiring substantial power. The building features three-phase 480-volt electrical service, making it particularly well-suited for businesses with high energy demands. Previously configured for auto sales and service, the property includes a functional paint booth, adding further value and versatility. Situated in Dallas County, Texas, with a zip code of 75229, this property offers convenient access to major transportation routes and a thriving local market. The building's size and adaptable layout make it an attractive option for entrepreneurs and investors seeking a versatile commercial space in a prime Dallas location. Don't miss this chance to acquire a well-equipped and strategically located commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $555,964

  6.5%

  $513,197

  7%

  $476,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $622,289

  Geo Method

  $745,888

• Alternative Use

  Use

  Valuation

  Residential

  $432,901

  Hospitality

  $396,535

  Educational

  $329,913

  Medical

  $341,259

  Retail

  $513,197

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.89

Longitude

-96.8943

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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