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For sale
Office Units
TX
Portland
78374
714 Dallas

Portland Commercial Property with Drive-Through

714 Dallas, Portland, TX 78374

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For Sale

$265,000

Commercial A-frame building with drive-through in Portland's entertainment district.

Type:Office

Property size:

1,080 SF

Price / SF:

$245/SF

HighLights

High‑traffic location on Dallas St. near Moore Avenue & US Highway 181, in Portland's Leisure & Entertainment District.
New concrete parking lot and recent paint.
50' wide frontage with metal pole for electronic sign.
Two drive‑up windows with drive‑through lane.
Second floor for storage, office, or expansion with private stairwell entrance.
Commercial vent hood, gas fixtures, and compartmentalized sinks.

We can help!

Listing Contact

Cass Real Estate

For Sale

$265,000

Commercial A-frame building with drive-through in Portland's entertainment district.

Type:Office

Property size:

1,080 SF

Price / SF:

$245/SF

Added:: May 2, 2024
Days on Market:: 768
Last Refresh:: May 13 at 8:38 pm

Property Features for 714 Dallas

General Information

Standard status: Active
Size: 1,080 SF
Property subtype: Office

Building Details

Year Built: 1984

We can help!

Listing Contact

Cass Real Estate

Listing agent Cass Real Estate

Listing office

Listing date May 2, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Cass Real Estate

HighLights

High‑traffic location on Dallas St. near Moore Avenue & US Highway 181, in Portland's Leisure & Entertainment District.
New concrete parking lot and recent paint.
50' wide frontage with metal pole for electronic sign.
Two drive‑up windows with drive‑through lane.
Second floor for storage, office, or expansion with private stairwell entrance.
Commercial vent hood, gas fixtures, and compartmentalized sinks.

Overview

This A-frame building at 714 Dallas in Portland, TX, offers a commercial opportunity with a new concrete parking lot and recent paint. The property features a 50' wide frontage suitable for an electronic sign. Located in Portland's Leisure & Entertainment District, the site benefits from high traffic counts on Moore Avenue and US Highway 181. The Bayview Crossing shopping center is under construction across Dallas Street, and the Farmer's Market and 5th & Houston venues are within walking distance. The property includes covered exterior space, a display/point of sale counter, two drive-up windows, a commercial vent hood, gas fixtures for equipment, compartmentalized sinks, central heat/air, a restroom, booths, and dining on the first floor. A drive-through lane routes customers through the order and pick-up windows. The second floor offers storage, office, or expansion potential with a private stairwell entrance. The property is being sold as is and has a size of 1080 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$27.0k	$24.96
− Vacancy	−$1.3k	−$1.25
EGI	$25.6k	$23.71
− OpEx	−$6.4k	−$5.93
NOI	$19.2k	$17.78

1,080 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$274.4K

$240.1K – $320.1K (±1% cap)

NOI $19,207 @ 7.0% cap · market cap 7.25%

Second Best

Office B

$199.6K

$174.7K – $232.9K (±1% cap)

NOI $13,972 @ 7.0% cap · market cap 5.27%

Theoretical Best

Hotel Hospitality

$554.0K

$484.8K – $646.4K (±1% cap)

NOI $38,783 @ 7.0% cap · market cap 14.64%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Augusta Lawn Care ... Landscaping

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: San Patricio
State: Texas
Longitude: -97.32478
Latitude: 27.875595

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For sale
Office Units
TX
Portland
78374
714 Dallas

What type of property is this?

Office units - Commercial A-frame building with drive-through in Portland's entertainment district.

Where is this office units located?

The property is located at 714 Dallas Portland, TX.

What is the asking price?

The asking price for this property is $265,000.

What are key features of this property?

This property features: High‑traffic location on Dallas St. near Moore Avenue & US Highway 181, in Portland's Leisure & Entertainment District.; New concrete parking lot and recent paint.; 50' wide frontage with metal pole for electronic sign.