11532 Harry Hines BlvdDallas, TX 75229

Property Details for 11532 Harry Hines Blvd

Year built

2006

Construction

TILT-UP CONCRETE

Lot size

4.67 AC

Property size (Sq ft)

1,443 SF

Zone code

Z239

Property type

Strip malls

Property subtype

Neighborhood centers

APN

00C275800C0032200

APU

00C275800C0032200

Description

This exceptional 5,772 square foot retail property, located at 11532 Harry Hines Boulevard in Dallas, Texas, presents a unique investment opportunity. Currently configured as a single, open space encompassing four combined condo units, this property sits on a substantial 4.61-acre lot. The property is currently occupied by the owner but will be vacated upon closing, providing immediate occupancy for the new owner. This prime location within a high-traffic area of Dallas ensures excellent visibility and accessibility for any business. The open floor plan offers significant flexibility for a variety of retail uses, allowing for customization to suit specific business needs. The property's strategic location within a vibrant retail corridor promises strong potential for growth and profitability. Furthermore, the seller is offering attractive owner financing options, making this an even more compelling proposition for prospective buyers. Adjacent units are also available for purchase, presenting the possibility of expanding the footprint of the business or creating a synergistic retail environment. This is an exceptional opportunity to establish a thriving retail presence in a dynamic Dallas location. The property's size, location, and financing options combine to create a truly compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $254,233

  6.5%

  $234,676

  7%

  $217,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $150,645

  Geo Method

  $180,567

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $458,080

  Mixed-Use / Specialty

  $233,662

  Hospitality / Lodging

  $171,200

  Office

  $232,090

  Institutional / Educational

  $242,851

  Residential Income

  $284,136

  Multifamily

  $341,760

  Automotive / Energy

  $208,158

  Parking / Income-Based Land

  $72,007.90

  Restaurant / Food Service

  $121,152

  Healthcare / Senior Housing

  $239,798

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.9013

Longitude

-96.8928

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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