2525 Wycliff AveDallas, TX 75219
- Retail properties
- 20,880 SF
Property Details for 2525 Wycliff Ave
- Year built
- 1979
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.89 AC
- Property size (Sq ft)
- 20,880 SF
- Zone code
- Z239
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 208597000000
- APU
- 208597000000
Description
This exceptional Class A retail property, known as Wycliff Shopping Center, presents a unique opportunity in the vibrant Dallas market. Located at 2525 Wycliff Ave, Dallas, TX 75219, this property boasts a strategic location in Oaklawn, offering close proximity to the medical district, uptown, and Park Cities. The center comprises two single-story buildings totaling 25,581 square feet, featuring nine suites. Currently, 3,750 square feet of retail space is immediately available, representing a minimum divisible unit. The maximum contiguous space available is also 3,750 square feet. The property underwent renovations in 2007 and offers ample parking with 211 spaces. Ideal for restaurants or other retail businesses, this property is well-suited for a variety of uses. The property is categorized as Retail, Restaurant, and Storefront. No elevators are present. This is a multi-tenant property situated in Dallas County. The property's prime location and modern amenities make it an attractive investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,718,912
- 6.5%
- $4,355,920
- 7%
- $4,044,782
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,281,864
- Geo Method
- $13,868,285
-
Alternative Use
- Use
- Valuation
- Residential
- $3,674,381
- Hospitality
- $3,365,713
- Educational
- $2,800,234
- Medical
- $2,896,538
- Retail
- $4,355,920
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.8106
- Longitude
- -96.8195
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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