10349 Scyene RdDallas, TX 75227

For Lease
$4.41/SF/YR View listing
  • Car washes
  • 3,912 SF

Property Details for 10349 Scyene Rd

Year built
1985
Construction
TILT-UP CONCRETE
Lot size
0.77 AC
Property size (Sq ft)
3,912 SF
Zone code
Z59
Property type
Car washes
APN
0068000A000010000
APU
0068000A000010000

Description

This exceptional 2.05-acre commercial land parcel, located at 10349 & 10351 Scyene Rd in Dallas, Texas (zip code 75227), presents a compelling investment opportunity. Situated in the East Dallas submarket of the Dallas Fort Worth metroplex, this property boasts a highly desirable location on a major thoroughfare with approximately 19,000 vehicles passing daily, ensuring exceptional visibility and accessibility for any commercial venture. The property consists of two parcels, with one (10351 Scyene Rd) already level and cleared, making it ready for immediate development. The total land area encompasses 89,298 square feet. The property is zoned for Commercial Service, offering flexibility for a wide range of commercial uses, including retail establishments and service-oriented businesses. This versatile property is available for sale or ground lease, catering to diverse investment and development strategies. The Dallas County property (APN: 0068000A000010000) offers a strategic advantage for businesses seeking high-traffic exposure and immediate development potential. Its single-tenant status simplifies ownership and management. This prime location and flexible zoning make this an ideal opportunity for investors and developers seeking a high-return investment in a thriving Dallas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,065,293
    6.5%
    $983,347
    7%
    $913,108
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,213,011
    Geo Method
    $2,951,458
  • Alternative Use

    Use
    Valuation
    Residential
    $829,490
    Hospitality
    $759,809
    Educational
    $632,152
    Medical
    $653,893
    Retail
    $983,347
10349 Scyene Rd, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7628
Longitude
-96.6446
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,066
$100,500
$280,420
$380,920
-
$100,500
$280,420
$380,920

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