620 Bedford StDallas, TX 75212

Property Details for 620 Bedford St

Year built

2002

Construction

TILT-UP CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

5,000 SF

Zone code

Z116

Property type

Showrooms

APN

007268000402A0000

APU

007268000402A0000

Description

This exceptional 5,000 square foot retail property, situated on a 1.18-acre lot at 620 Bedford St. in Dallas, Texas (zip code 75212), presents a unique investment opportunity. The property boasts an existing Certificate of Occupancy specifically for truck service and repair, making it immediately suitable for a variety of automotive-related businesses. Its prime location offers unparalleled accessibility, situated in close proximity to the major thoroughfares of IH35 and IH20, ensuring high visibility and convenient access for customers and employees. The substantial lot size provides ample space for potential expansion or outdoor operations. This property is being offered for sale and represents a compelling chance to acquire a well-positioned retail space in a thriving Dallas market. The existing Certificate of Occupancy streamlines the setup process for a new business, minimizing delays and maximizing operational efficiency. The strategic location near IH35 and IH20 guarantees significant exposure to a large customer base. This is a rare opportunity to own a well-established commercial property in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $898,501

  6.5%

  $829,385

  7%

  $770,143

• Comparable approach

  Method

  Valuation

  Relative Method

  $530,919

  Geo Method

  $1,556,830

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,617,700

  Mixed-Use / Specialty

  $826,301

  Hospitality / Lodging

  $606,065

  Office

  $821,259

  Institutional / Educational

  $858,974

  Residential Income

  $1,005,000

  Multifamily

  $1,206,050

  Automotive / Energy

  $736,264

  Parking / Income-Based Land

  $254,202

  Restaurant / Food Service

  $429,494

  Healthcare / Senior Housing

  $847,487

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7773

Longitude

-96.834

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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