2525 Wycliff AveDallas, TX 75219

  • Retail properties
  • 20,880 SF
For Lease

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
2525 Wycliff Ave, Dallas, Texas

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

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
$213,172
$2,062,500
$7,226,920
$9,289,420
-
$2,062,500
$7,226,920
$9,289,420

FAQs

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