3223 Merrifield AveDallas, TX 75223

Property Details for 3223 Merrifield Ave

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

3,300 SF

Zone code

Z248

Property type

Retail properties

Property subtype

Auto shops

APN

225994000000

APU

225994000000

Description

This exceptional 3,330 square foot auto shop, located at 3223 Merrifield Ave in Dallas, Texas, presents a unique investment opportunity. The two-story building sits on an 8,645 square foot lot and boasts five lifts, a car inspection station, and ample workspace. The property includes well-appointed offices, a reception area, break room, and kitchen, ensuring comfort and efficiency for staff. Employee lockers and racks for auto parts are also provided. The second floor offers two bedrooms, a restroom, and a spacious office with panoramic views, ideal for management or additional storage. A significant advantage is the availability of a 7,260 square foot adjacent lot, perfect for future expansion. Strategically located off Highway 30 and Dolphin Road on a service road with highway frontage, this property benefits from exceptional visibility and high traffic volume. Texas Department of Transportation data indicates a daily traffic count of 163,540 vehicles on Highway 30. Currently leased at $5,500 per month plus utilities, the lease expires May 1, 2027, offering both immediate income and long-term potential. This turnkey operation is ready for a new owner to capitalize on its established success and prime location. The property's features and location make it an ideal investment for an experienced operator or a savvy investor seeking a strong return.

• CAP approach

  CAP return

  Valuation

  6%

  $939,227

  6.5%

  $866,979

  7%

  $805,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,121,806

  Geo Method

  $2,489,727

• Alternative Use

  Use

  Valuation

  Residential

  $731,329

  Hospitality

  $669,894

  Educational

  $557,344

  Medical

  $576,512

  Retail

  $866,979

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7924

Longitude

-96.7396

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].