3916 Ledbetter DrDallas, TX 75233

Property Details for 3916 Ledbetter Dr

Year built

1972

Construction

STEEL FRAME

Lot size

0.98 AC

Property size (Sq ft)

10,730 SF

Zone code

Z116

Property type

Gas stations

APN

655471000000

APU

655471000000

Description

This exceptional 11,000 square foot commercial property, located at 3916 W Ledbetter Drive in Dallas County, presents a unique investment opportunity. Built in 1972, the single-tenant building sits on a generous 0.98-acre lot, offering significant expansion potential. Currently configured as an auto body repair shop, the property is equipped with several car lifts and a paint booth, representing a turnkey operation for a prospective buyer. The substantial building size and ample land provide flexibility for a variety of uses, including continuing the existing auto body repair business, or potentially incorporating a complementary business such as a tow truck service or even a small auto dealership. The property's location in Dallas County offers excellent access to major transportation routes and a strong customer base. The substantial size of both the building and the land provides significant upside potential for future growth and development. This is a rare opportunity to acquire a well-established business with significant expansion possibilities in a desirable Dallas location. The property's existing infrastructure, including the car lifts and paint booth, represents a significant cost savings for a new owner. The 0.98-acre lot provides ample space for outdoor storage, customer parking, or future expansion projects. This is an ideal property for an entrepreneur looking to establish or expand their automotive business in a thriving market. The property's single-tenant occupancy simplifies management and provides a stable income stream.

• CAP approach

  CAP return

  Valuation

  6%

  $2,084,190

  6.5%

  $1,923,870

  7%

  $1,786,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,217,640

  Geo Method

  $3,340,950

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,740,940

  Mixed-Use / Specialty

  $1,921,370

  Hospitality / Lodging

  $1,415,330

  Office

  $1,914,500

  Institutional / Educational

  $1,999,010

  Residential Income

  $2,338,850

  Multifamily

  $2,780,900

  Automotive / Energy

  $1,713,440

  Parking / Income-Based Land

  $586,978

  Restaurant / Food Service

  $1,008,630

  Healthcare / Senior Housing

  $1,965,860

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.6907

Longitude

-96.8848

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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