5235 Davis StDallas, TX 75211

Property Details for 5235 Davis St

Year built

1991

Construction

TILT-UP CONCRETE

Lot size

0.70 AC

Property size (Sq ft)

5,800 SF

Zone code

Z239

Property type

Strip malls

Property subtype

Neighborhood centers

APN

008335001001A0000

APU

008335001001A0000

Description

This exceptional Dallas property offers two distinct retail spaces available for lease, presenting a unique investment opportunity. The first space, a 270-square-foot former insurance office, is ideal for a small business requiring a compact yet visible location. Note that this space shares a restroom with an existing tenant in the center. The second space is significantly larger, encompassing 1,400 square feet, previously used as a coin laundry. This expansive area provides ample room for a variety of retail ventures. Both spaces benefit from a high-traffic location with excellent visibility, situated in a densely populated area of Dallas. The property enjoys a strategic position directly across the street from Supermercado Monterrey, ensuring high foot traffic and convenient access for potential customers. Its central location in Dallas places it within easy reach of the historic Bishop Arts District and Kessler Park, offering a vibrant and desirable setting for businesses. Furthermore, the property's proximity to major roadways, including Interstate 30 and Loop 12, ensures convenient commuting and connectivity throughout the Dallas-Fort Worth metroplex. This combination of high visibility, strong demographics, and convenient location makes this property an attractive option for businesses seeking a thriving retail environment in a prime Dallas location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,454,140

  6.5%

  $1,342,283

  7%

  $1,246,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,594,836

  Geo Method

  $4,375,884

• Alternative Use

  Use

  Valuation

  Residential

  $1,132,266

  Hospitality

  $1,037,150

  Educational

  $862,896

  Medical

  $892,573

  Retail

  $1,342,283

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.75

Longitude

-96.9124

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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