This exceptional 0.423-acre pad site, located at the prominent intersection of Preston Road and I-635 in Dallas County, offers unparalleled visibility and accessibility. Zoned RR (Regional Retail), this single-tenant property boasts a substantial 18,423 square feet of vacant building space, presenting a unique opportunity for a business seeking significant presence in a high-traffic area. The site's strategic location ensures continuous exposure to a diverse customer base, maximizing reach and brand awareness. The property's ample size allows for flexible development and design to suit a variety of retail concepts. Its proximity to major thoroughfares guarantees convenient access for customers and employees alike. This is an ideal location for businesses seeking to establish a strong foothold in a thriving Dallas County market. The property is ready for immediate occupancy, offering a blank canvas for a new retail venture. The zoning designation specifically caters to regional retail establishments, making it a perfect fit for businesses targeting a wide customer base. This prime location promises exceptional return on investment due to its high visibility and accessibility. Don't miss this opportunity to secure a premier retail space in a dynamic and rapidly growing area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$311,048
6.5%
$287,121
7%
$266,613
Comparable approach
Method
Valuation
Relative Method
$384,738
Geo Method
$323,218
Alternative Use
Use
Valuation
Residential
$242,198
Hospitality
$221,852
Educational
$184,578
Medical
$190,926
Retail
$287,121
Location Insight
City
Dallas
County
Dallas
State
Texas
Latitude
32.9263
Longitude
-96.8031
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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