5014 Ross Ave, Dallas, TX 75206
Restaurant sale includes major kitchen equipment and a separate-entry apartment above the dining space.
- Added:
- Jan 10, 2025
- Days on Market:
- 543
- Last Refresh:
- Jul 5 at 2:55 am
Property Features for 5014 Ross Ave
General Information
- Standard status
- Active
- Size
- 3,300 SF
Listing office Keller Williams - Park Cities (214) 526-4663
Listing date Jan 10, 2025
Source Exprealty
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HighLights
- Restaurant sale includes major kitchen equipment, including deep fryers and a separate dry‑goods and food‑storage setup
- Includes large walk‑in freezer plus extra cold storage for food preparation and storage
- Apartment above the restaurant with a separate entrance—can be used as a residence or leased for extra income
- Located with Lower Greenville Avenue less than 2 blocks away
- Area includes new construction in progress alongside established businesses
Overview
The restaurant is located on Ross Ave, with Lower Greenville Avenue less than two blocks away. The surrounding area is seeing new construction in progress while established businesses continue operating nearby.
For buyers seeking an operating restaurant with built-in foodservice infrastructure, the included refrigeration and dedicated food and dry storage support day-to-day kitchen operations. The apartment configuration provides an additional use path beyond the restaurant—either using the space as a residence or leasing it separately for added flexibility. The separate entrance is designed to keep access distinct between the apartment and restaurant operation.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.6k | $24.12 |
| − Vacancy | −$3.8k | −$1.16 |
| EGI | $75.8k | $22.96 |
| − OpEx | −$18.9k | −$5.74 |
| NOI | $56.8k | $17.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.774452
- Latitude
- 32.807165