Second-Generation Retail
For Sale
Contact for pricing
2003 W Davis, Dallas, TX 75208
Second-generation retail space available in a storefront format, suited for office, health, beauty, pharmacy, and boutique uses.
Property Size7,019 SF
Price / SF$0.24
Days on Market97
Property Features for 2003 W Davis
General Information
Standard status
Active
Size
7,019 SF
Property subtype
Retail
Site & Location
Neighborhood
West Kessler
Building Details
Year Built
1964
Listing Agency:
Franchise Real Estate Group
(800) 883-2571
Listed By:
Mike Jones · License #0598829
(214) 228-2157
Source:
Lonestarluxuryrealty
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 28 at 7:21AM
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 Franchise Real Estate Group
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Investment Insights
Based on property information with market context.
This second-generation retail space is available for sale and totals 750 square feet. The configuration is set up as a storefront-style space, making it suitable for a range of neighborhood retail and service concepts.
The property is located at 2003 W Davis in Dallas, Texas. The offering is described as a 2nd gen retail space and is positioned for office, health store, beauty salon, pharmacy, boutique shop, and similar uses.
The space size and storefront format provide a practical footprint for operators looking for a defined retail space within a retail-oriented building.
The property is located at 2003 W Davis in Dallas, Texas. The offering is described as a 2nd gen retail space and is positioned for office, health store, beauty salon, pharmacy, boutique shop, and similar uses.
The space size and storefront format provide a practical footprint for operators looking for a defined retail space within a retail-oriented building.
Key Highlights
- 750 SF 2nd generation retail space available in a storefront format
- Suitable for office, health store, beauty salon, pharmacy, boutique shop, and other retail uses
- Building year built: 1964
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,939
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,780
$2.3M
Cap Rate 7%
$1,613,414
$1.6M
Cap Rate 9%
$1,254,878
$1.3M
Market Conditions
NOI Build-Up for 7,019 SF
Gross rent
$169.3K $24.12/SF
− Vacancy
−$8.0K −$1.13/SF
EGI
$161.3K $22.99/SF
− OpEx
−$48.4K −$6.90/SF
NOI
$112.9K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,780
Cap Rate 7%
$1,613,414
Cap Rate 9%
$1,254,878
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,939 @ 7.0% cap · market cap 6,643.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.42M
$7.37M – $9.83M
NOI $589,556 @ 7.0% cap · market cap 34,679.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
Family Dollar
Shops & Services
10,627 visits/mo
0.3 miles
PLS Financial Services
Shops & Services
9,591 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,423 visits/mo
0.4 miles
Discount Tire Store
Shops & Services
7,256 visits/mo
0.4 miles
Church's Chicken
Dining
6,813 visits/mo
0.4 miles
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Second-generation retail space available in a storefront format, suited for office, health, beauty, pharmacy, and boutique uses.
Where is this storefront property located?
The property is located at 2003 W Davis Dallas, TX.
What are key features of this property?
This property features: 750 SF 2nd generation retail space available in a storefront format; Suitable for office, health store, beauty salon, pharmacy, boutique shop, and other retail uses; Building year built: 1964
