Restored Restaurant
New
For Sale
$595,000
2802 Lagow Street, Dallas, TX 75210
The property includes a new roof and HVAC system, with a restaurant currently operating in the building.
Property Size1,888 SF
Lot Size0.30 Acres
Price / SF$315.15
Days on Market4
Property Features for 2802 Lagow Street
General Information
Standard status
Active
Size
1,888 SF
Lot size
0.30 Acres
Property subtype
Retail
Building Details
Building Size
1,888 SF
Year Built
1954
Buildings
1
Listing Agency:
Gregorio Real Estate Company
Listed By:
Rafael J Gregorio Jr · License #0658777
(972) 834-5509
Source:
Nilesrealtygroup
Added: Oct 4
Last Checked: Oct 5 at 11:05PM
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 Gregorio Real Estate Company
Investment Insights
Based on property information with market context.
This 1,888-square-foot restaurant building dates to 1954 and has been restored, with a new roof and HVAC system. Aunt Irene’s Kitchen currently operates from the property. The building sits on an approximately 13,000-square-foot lot.
The property is near Downtown Dallas, Fair Park, and East Dallas, each described as minutes away.
The property is near Downtown Dallas, Fair Park, and East Dallas, each described as minutes away.
Key Highlights
- Aunt Irene’s Kitchen currently operates in the restaurant building
- Restored building with a new roof and HVAC system
- 1,888‑square‑foot building on an approximately 13,000‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,515
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,300
$650.3K
Cap Rate 7%
$464,500
$464.5K
Cap Rate 9%
$361,278
$361.3K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$45.5K $24.12/SF
− Vacancy
−$2.2K −$1.16/SF
EGI
$43.4K $22.96/SF
− OpEx
−$10.8K −$5.74/SF
NOI
$32.5K $17.22/SF
Area
Dallas, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,300
Cap Rate 7%
$464,500
Cap Rate 9%
$361,278
Alternative Uses
Best Use
Specialty Retail
$464.5K
$406.4K – $541.9K
NOI $32,515 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M
NOI $158,581 @ 7.0% cap · market cap 26.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Williams Chicken
Dining
7,692 visits/mo
0.5 miles
Church's Chicken
Dining
6,301 visits/mo
0.4 miles
Demographics for 75210, TX
8,736
Population
2,824
Households
3.1
Avg Household Size
33
Median Age
9%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
3,798
Density / Sq Mi
$28,739
Median Household Income
$24,850
Median Earnings
$952
Median Rent
$110,800
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property includes a new roof and HVAC system, with a restaurant currently operating in the building.
Where is this conventional restaurant located?
The property is located at 2802 Lagow Street Dallas, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Aunt Irene’s Kitchen currently operates in the restaurant building; Restored building with a new roof and HVAC system; 1,888‑square‑foot building on an approximately 13,000‑square‑foot lot
