2902 Buckner BlvdDallas, TX 75227

  • Strip malls
  • 33,334 SF

Property Details for 2902 Buckner Blvd

Year built
2004
Construction
TILT-UP CONCRETE
Lot size
2.78 AC
Property size (Sq ft)
33,334 SF
Zone code
Z239
Property type
Strip malls
Property subtype
Neighborhood centers
APN
006195000A01A0000
APU
006195000A01A0000

Description

Buckner Plaza South, located at 2902 Buckner Blvd in Dallas, Texas, 75227, presents a prime retail opportunity. This Class B strip center offers a total of 32,844 square feet of gross leasable area, situated on a major thoroughfare – South Buckner Boulevard and Highway 12, ensuring high visibility and accessibility. The property currently features two suites, with 6,110 square feet of vacant space available for lease. Spaces range from a minimum of 1,700 square feet to a maximum contiguous space of 4,410 square feet, providing flexibility for various retail businesses. The center enjoys strong existing tenancy, including Jefferson Dental Clinic, First Choice Adult Day Care, JP's Café, and Chicken & Rice, creating a vibrant and established retail environment. This location in Dallas County offers excellent exposure to a significant customer base. The property's strategic location and existing tenant mix make it an attractive investment for businesses seeking a high-traffic location in a well-established retail center. Interested parties should inquire about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,077,320
    6.5%
    $8,379,064
    7%
    $7,780,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,336,023
    Geo Method
    $25,149,262
  • Alternative Use

    Use
    Valuation
    Residential
    $7,068,054
    Hospitality
    $6,474,300
    Educational
    $5,386,542
    Medical
    $5,571,793
    Retail
    $8,379,064

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7611
Longitude
-96.6817
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
$79,744
$606,360
$2,868,640
$3,475,000
-
$606,360
$2,868,640
$3,475,000

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