Free-Standing Liquor
3202 Samuell Blvd, Dallas, TX 75223
For Sale
Contact for pricing
Established neighborhood retail operation with owned real estate, dedicated parking, and supplemental service income.
Property Size3,775 SF
Lot Size8,269.00 Acres
Price / SF$291.39
Days on Market100
Property Features for 3202 Samuell Blvd
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Net Operating Income
Site & Location
Neighborhood
Additional Details
Business Included
Building Details
Year Built
Buildings
Units
Tenancy
Listing Agency:
Elite Exit Advisors
Listed By:
Natalie Luneva · License TX 9016902-BB
Source:
Crexi
Added: Aug 5
Changed: Nov 7
Last Checked: Nov 12 at 5:50AM
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 Elite Exit Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This free-standing storefront property includes a 3,775-square-foot building on an 8,269-square-foot lot at 3202 Samuell Blvd in Dallas. Built in 1955, the property is occupied by Johnny's Payless Liquor, a neighborhood liquor business operating at the location since 1990. The sale includes the owned real estate, while inventory is purchased separately at closing.
The property fronts Samuell Boulevard within a commercial corridor and includes dedicated parking. In addition to liquor, beer, and wine sales, the operation includes Lotto commissions, ATM services, Bitcoin kiosk services, and rental income. The property carries RR zoning and combines an operating storefront with ownership of the underlying commercial real estate.
The property fronts Samuell Boulevard within a commercial corridor and includes dedicated parking. In addition to liquor, beer, and wine sales, the operation includes Lotto commissions, ATM services, Bitcoin kiosk services, and rental income. The property carries RR zoning and combines an operating storefront with ownership of the underlying commercial real estate.
Key Highlights
- 3,775‑square‑foot free‑standing building on an 8,269‑square‑foot lot
- Johnny's Payless Liquor has operated at the location since 1990
- Owned real estate included with the operating liquor store business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,012
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,240
$1.3M
Cap Rate 7%
$928,743
$928.7K
Cap Rate 9%
$722,356
$722.4K
Market Conditions
NOI Build-Up for 3,775 SF
Gross rent
$91.1K $24.12/SF
− Vacancy
−$4.4K −$1.16/SF
EGI
$86.7K $22.96/SF
− OpEx
−$21.7K −$5.74/SF
NOI
$65.0K $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%
$1,300,240
Cap Rate 7%
$928,743
Cap Rate 9%
$722,356
Alternative Uses
Best Use
Specialty Retail
$928.7K
$812.7K – $1.08M
NOI $65,012 @ 7.0% cap · market cap 5.91%
Second Best
Retail
$867.7K
$759.3K – $1.01M
NOI $60,741 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$4.53M
$3.96M – $5.28M
NOI $317,078 @ 7.0% cap · market cap 28.83%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 30%
Electronics 3%
Starbucks
Dining
14,592 visits/mo
0.4 miles
Mobil
Shops & Services
8,735 visits/mo
0.5 miles
Texaco
Shops & Services
8,536 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,873 visits/mo
0.5 miles
Shell
Shops & Services
7,637 visits/mo
0.4 miles
Demographics for 75223, TX
13,898
Population
4,872
Households
2.9
Avg Household Size
35
Median Age
24%
College-Educated
65%
High-School Grad
3.1 sq mi
ZIP Area
4,483
Density / Sq Mi
$66,641
Median Household Income
$35,470
Median Earnings
$1,363
Median Rent
$244,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Dallas, TX
Properties on Market for Storefront properties in Dallas
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Hollywood Floral — 5611 E Grand Ave, Dallas, TX 75223
Frequently Asked Questions
What type of property is this?
Storefront property - Established neighborhood retail operation with owned real estate, dedicated parking, and supplemental service income.
Where is this storefront property located?
The property is located at 3202 Samuell Blvd Dallas, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,775‑square‑foot free‑standing building on an 8,269‑square‑foot lot; Johnny's Payless Liquor has operated at the location since 1990; Owned real estate included with the operating liquor store business
