2802 Henderson AveDallas, TX 75206

Property Details for 2802 Henderson Ave

Year built

1984

Construction

TILT-UP CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

1,804 SF

Zone code

Z239

Property type

Retail space

APN

001973000518A0000

APU

001973000518A0000

Description

This exceptional 1,700-square-foot retail space presents a prime opportunity in Dallas' vibrant Knox-Henderson district. Located at 2802 N Henderson Ave, Dallas, TX 75206, this single-tenant property offers unparalleled visibility and accessibility. The building is a free-standing structure, providing excellent exposure to both pedestrian and vehicular traffic. The property is situated within a 1.3-mile stretch boasting a diverse mix of established businesses, including restaurants, bars, coffee shops, beauty salons, boutiques, and furniture stores. This area is a well-established destination for young, affluent professionals. The Knox-Henderson district is experiencing significant growth, with ongoing development plans by Open Realty Advisors to add more office, residential, and retail space. This infill location offers a unique chance to capitalize on the area's current success and future potential. The entire 1,700 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Dallas County location ensures easy access to major transportation routes and a thriving consumer base. This property represents a rare opportunity to secure a highly visible and desirable retail space in one of Dallas' most sought-after neighborhoods. The property's location and the ongoing development in the area make it an ideal investment for businesses seeking a strong presence in a dynamic and affluent market.

• CAP approach

  CAP return

  Valuation

  6%

  $503,571

  6.5%

  $464,835

  7%

  $431,632

• Comparable approach

  Method

  Valuation

  Relative Method

  $609,058

  Geo Method

  $1,197,058

• Alternative Use

  Use

  Valuation

  Residential

  $392,106

  Hospitality

  $359,167

  Educational

  $298,822

  Medical

  $309,099

  Retail

  $464,835

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8195

Longitude

-96.7835

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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