Restaurant Building on Commercial
New
For Sale
$345,000
406 W Belt Line Road, Cedar Hill, TX 75104
CommercialSale, Cedar Hill, TX
Property Size984 SF
Lot Size0.45 Acres
Price / SF$350.61
Days on Market3
Property Features for 406 W Belt Line Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Comercial
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Subdivision
Original Town
Directions
From Hwy 67 go East on Belt Line Rd .4 miles, property is on the left
Standard status
Active
APN
65088131580210000
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
JOSEPH MUNDEN ABST 881 PG 315 TR 21 ACS 0.454
Tax Annual Amount
5390
Legal Description
JOSEPH MUNDEN ABST 881 PG 315 TR 21 ACS 0.454
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
1
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
Tero Real Estate
Listed By:
Chris Cauda
(972) 777-4141
Added: Oct 22
Last Checked: Oct 24 at 6:06PM
MLS# 21418604
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
A former restaurant occupies a 984-square-foot building on 0.454 acres at 406 W Belt Line Road. The brick structure was built in 1930 and has tile and vinyl flooring, central heating and air conditioning, and a shingle roof. A ramp provides an accessible approach, and the property includes a parking lot.
The property is on W Belt Line Road, approximately 1/2 mile from US Hwy 67. Commercial retail and office zoning is identified, and the city is open to projects ranging from retail to residential mixed-use. The site may also be combined with the neighboring parcel at 402 W Belt Line Road for a 0.826-acre assemblage.
The property is on W Belt Line Road, approximately 1/2 mile from US Hwy 67. Commercial retail and office zoning is identified, and the city is open to projects ranging from retail to residential mixed-use. The site may also be combined with the neighboring parcel at 402 W Belt Line Road for a 0.826-acre assemblage.
Key Highlights
- 984‑square‑foot former restaurant building on 0.454 acres
- Approximately 1/2 mile from US Hwy 67
- Commercial retail and office zoning
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.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The site includes a paved parking area and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 406 W Belt Line Road 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: 984‑square‑foot former restaurant building on 0.454 acres; Approximately 1/2 mile from US Hwy 67; Commercial retail and office zoning
