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    Prime Commercial Land Opportunity Title is generated by Realmo AI

    305 E Belt Line Road, Wilmer, TX 75172

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    For Sale
    $299,900

    High-visibility commercial property on 0.433 acres in a developed area.

    Type:Commercial
    Property size:
    1,605 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $186/SF
    Added:
    Apr 22, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 22 at 5:22 pm

    Property Features for 305 E Belt Line Road

    General Information

    Standard status
    Active
    Size
    1,605 SF
    Lot size
    0.43 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Listing Contact
    Kyle Weir

    Listing agent Kyle Weir

    Listing office CENTURY 21 Judge Fite Co.

    Listing date Apr 22, 2026

    Source Signaturere

    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 CENTURY 21 Judge Fite Co.

    HighLights

    • Prime commercial location in a highly developed, high‑growth area.
    • Excellent visibility and high traffic exposure on a busy roadway.
    • Commercially zoned 0.433‑acre lot offering versatile usage options.
    • Unique blend of character and functionality in a rezoned residential structure.
    • Generous lot with mature trees, parking space, and expansion potential.
    • Ideal for professional offices, retail, medical, or specialty businesses.

    Overview

    This commercial property is situated on a 0.433-acre lot along a high-traffic roadway, offering excellent visibility. The property was originally built as a residential home but has been rezoned for commercial use. The existing 1,605 square foot structure is suited for professional offices, boutique retail, medical or wellness services, or specialty businesses. The lot features mature trees and room for parking, signage, and potential expansion, subject to local approvals. The property is located in a highly developed corridor and is surrounded by ongoing development.

    Local Financial Insights For 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 $40.1k $24.96
    − Vacancy −$2.0k −$1.25
    EGI $38.1k $23.71
    − OpEx −$11.4k −$7.11
    NOI $26.6k $16.60
    1,605 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $380.6K
    $333.0K – $444.0K (±1% cap)
    NOI $26,640 @ 7.0% cap · market cap 8.88%
    Second Best
    Office B
    $325.0K
    $284.4K – $379.2K (±1% cap)
    NOI $22,751 @ 7.0% cap · market cap 7.59%
    Theoretical Best
    Multifamily LT 5
    $19.24M
    $16.83M – $22.45M (±1% cap)
    NOI $1,346,700 @ 7.0% cap · market cap 449.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmer
    County
    Dallas
    State
    Texas
    Longitude
    -96.68341
    Latitude
    32.590157

    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial property on 0.433 acres in a developed area.
    Where is this commercial land located?
    The property is located at 305 E Belt Line Road Wilmer, TX.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Prime commercial location in a highly developed, high‑growth area.; Excellent visibility and high traffic exposure on a busy roadway.; Commercially zoned 0.433‑acre lot offering versatile usage options.
    More about this property
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