Corner Commercial Development Land
3410 House Anderson Road Euless, TX 76040
3410 House Anderson Road, Euless, TX, 76040
$1,700,000
For Sale
$1,700,000
Three corner lots totaling approximately 1.5 acres, sold together with existing buildings and an operating business.
Property Size23,086 SF
Lot Size1.50 Acres
Price / SF$73.64
Days on Market99
Property Features for 3410 House Anderson Road
General Information
- Standard status
- Active
- Size
- 23,086 SF
- Lot size
- 1.50 Acres
- Property subtype
- Lots & Acreage / Improved Land
Building Details
- Year Built
- 1963
Listing agency
Solutions Real Estate Texas
(972) 740-8585
Listed by
Jason Brown · License #0428926
(972) 740-8585
Source
Compass
Added: Apr 15 Updated: Jul 21 at 8:40PM Checked: Jul 21 at 8:40PM
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 Solutions Real Estate Texas
Investment Insights
Based on property information with market context.
This sale includes three lots offered together, totaling approximately 1.5 acres, with all buildings and land conveying. The site includes an operating business currently, and the listing agent should be contacted for access.
The property is located at 3410 House Anderson Road in Euless, Texas, and the corner-lot configuration is intended to support straightforward access and site circulation for future development.
With multiple parcels under one ownership, the layout can accommodate a variety of retail- or automotive-oriented development plans, subject to applicable approvals.
The property is located at 3410 House Anderson Road in Euless, Texas, and the corner-lot configuration is intended to support straightforward access and site circulation for future development.
With multiple parcels under one ownership, the layout can accommodate a variety of retail- or automotive-oriented development plans, subject to applicable approvals.
Key Highlights
- Three corner lots totaling approximately 1.5 acres, sold together
- Property includes existing buildings and conveys with the sale
- Operating business is currently on the property
Local Financial Insights For Industrial
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 | $207.8k | $9.00 |
| − Vacancy | −$21.8k | −$0.95 |
| EGI | $186.0k | $8.06 |
| − OpEx | −$55.8k | −$2.42 |
| NOI | $130.2k | $5.64 |
23,086 SF · lease $9.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.47M
$4.79M – $6.39M
NOI $383,191 @ 7.0% cap · market cap 22.54%
Second Best
Industrial
$1.86M
$1.63M – $2.17M
NOI $130,170 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$8.12M
$7.11M – $9.47M
NOI $568,470 @ 7.0% cap · market cap 33.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Trinity Motors
Car Dealership
Century Auto Group
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Three corner lots totaling approximately 1.5 acres, sold together with existing buildings and an operating business.
Where is this commercial land located?
The property is located at 3410 House Anderson Road Euless, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Three corner lots totaling approximately 1.5 acres, sold together; Property includes existing buildings and conveys with the sale; Operating business is currently on the property
