2940 Coombs Creek DrDallas, TX 75233
- Office properties
- 2,176 SF
Property Details for 2940 Coombs Creek Dr
- Year built
- 1965
- Construction
- STEEL FRAME
- Lot size
- 1.87 AC
- Property size (Sq ft)
- 2,176 SF
- Zone code
- Z125
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 660841000000
- APU
- 660841000000
Description
This exceptional 1.87-acre commercial and industrial property, located at 2940 Coombs Creek Dr, Dallas, TX 75233, presents a compelling investment opportunity. Priced at $1,500,000, the property boasts two existing buildings currently utilized for automotive repair and parking, offering immediate income potential or redevelopment possibilities. Built in 1965, the property's versatile nature allows for a range of uses, subject to zoning approval. Detailed zoning information will be available on January 23rd. The substantial lot size provides ample space for expansion, future development, or continued operation of the existing businesses. Situated in Dallas County, Texas, this property benefits from convenient access to major transportation routes and a thriving local economy. Given its current use and significant land area, this property is ideal for investors seeking a strong return on investment or entrepreneurs looking to establish or expand their operations. Showings are by appointment only. Don't miss this chance to acquire a prime piece of Dallas real estate with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $371,125
- 6.5%
- $342,577
- 7%
- $318,107
-
Comparable approach
- Method
- Valuation
- Relative Method
- $237,436
- Geo Method
- $651,473
-
Alternative Use
- Use
- Valuation
- Residential
- $424,795
- Hospitality
- $389,110
- Educational
- $323,735
- Medical
- $334,869
- Retail
- $503,588
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.7146
- Longitude
- -96.8805
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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