Commercial Land with Existing
For Sale
$345,000
406 W Belt Line Rd, Cedar Hill, TX 75104
A small structure occupies a commercially zoned parcel along W Belt Line Road.
Property Size984 SF
Price / SF$350.61
Days on Market20
Property Features for 406 W Belt Line Rd
General Information
Standard status
Active
Size
984 SF
Property subtype
Commercial
Site & Location
Neighborhood
Mountain Creek
Building Details
Year Built
1930
Listing Agency:
Tero Real Estate
Listed By:
Chris Cauda · License #0732537
(732) 713-1762
Source:
Tylerhomeguide
Added: Oct 13
Changed: Nov 1
Last Checked: Nov 1 at 5:40AM
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 Tero Real Estate
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Investment Insights
Based on property information with market context.
The 0.454-acre commercial parcel includes a 984-square-foot building constructed in 1930. The property previously housed a restaurant and is zoned for commercial retail and office uses.
Located on W Belt Line Road in Cedar Hill, the site is one-half mile from US Hwy 67. An adjoining corner parcel at 402 W Belt Line Rd may be acquired with this property; together, the two parcels total 0.826 acres.
Located on W Belt Line Road in Cedar Hill, the site is one-half mile from US Hwy 67. An adjoining corner parcel at 402 W Belt Line Rd may be acquired with this property; together, the two parcels total 0.826 acres.
Key Highlights
- 0.454‑acre commercial parcel with a 984‑square‑foot building
- Zoning allows commercial retail and office uses
- One‑half mile from US Hwy 67
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,592
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,840
$351.8K
Cap Rate 7%
$251,314
$251.3K
Cap Rate 9%
$195,467
$195.5K
Market Conditions
NOI Build-Up for 984 SF
Gross rent
$24.6K $24.96/SF
− Vacancy
−$1.1K −$1.12/SF
EGI
$23.5K $23.84/SF
− OpEx
−$5.9K −$5.96/SF
NOI
$17.6K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,840
Cap Rate 7%
$251,314
Cap Rate 9%
$195,467
Alternative Uses
Best Use
Specialty Retail
$251.3K
$219.9K – $293.2K
NOI $17,592 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.79M
$10.32M – $13.76M
NOI $825,640 @ 7.0% cap · market cap 239.32%
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
997
Businesses Nearby
87k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 45%
Leisure 35%
Shops & Services 15%
Dining 3%
JCPenney
Apparel
31,826 visits/mo
0.5 miles
Cinemark Cedar Hill
Leisure
30,631 visits/mo
0.3 miles
Texaco
Shops & Services
9,408 visits/mo
0.4 miles
Plato's Closet
Apparel
7,315 visits/mo
0.5 miles
Williams Chicken
Dining
2,256 visits/mo
0.5 miles
Demographics for 75104, TX
49,749
Population
17,365
Households
2.9
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
36.9 sq mi
ZIP Area
1,348
Density / Sq Mi
$91,147
Median Household Income
$46,579
Median Earnings
$1,886
Median Rent
$274,900
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?
Commercial land - A small structure occupies a commercially zoned parcel along W Belt Line Road.
Where is this commercial land located?
The property is located at 406 W Belt Line Rd Cedar Hill, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 0.454‑acre commercial parcel with a 984‑square‑foot building; Zoning allows commercial retail and office uses; One‑half mile from US Hwy 67
