3302 Camp Wisdom RdDallas, TX 75237

  • Turn key restaurants
  • 3,816 SF

Property Details for 3302 Camp Wisdom Rd

Year built
1976
Construction
FRAME
Lot size
0.53 AC
Property size (Sq ft)
3,816 SF
Zone code
Z248
Property type
Turn key restaurants
APN
654138050000
APU
654138050000

Description

This exceptional 0.53-acre commercial land parcel, situated at 3302 W Camp Wisdom Rd in Dallas, Texas, presents a prime development opportunity. Zoned RR, this property boasts 23,191 square feet and offers significant potential for various retail uses. Currently featuring a 3,875 square foot building, demolition allows for a customized pad site ideal for a car wash, quick-serve restaurant, or similar businesses. The location is highly advantageous, positioned east of Highway 67 and north of Interstate 20, providing excellent visibility and accessibility. Its proximity to The Shops at RedBird further enhances its desirability, ensuring exposure to substantial traffic volume and a robust customer base. This Dallas County property offers a unique chance to capitalize on a high-traffic area with strong existing infrastructure and a thriving retail environment. The site is available for ground lease, making it an attractive investment for developers seeking a strategic location within a bustling commercial district. The zip code is 75237.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $956,724
    6.5%
    $883,130
    7%
    $820,049
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,049,292
    Geo Method
    $2,879,030
  • Alternative Use

    Use
    Valuation
    Residential
    $744,953
    Hospitality
    $682,373
    Educational
    $567,726
    Medical
    $587,251
    Retail
    $883,130

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.6623
Longitude
-96.8746
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
$4,836
-
-
$260,040
-
-
-
$260,040

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