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Restaurant with Apartment Above

5014 Ross Avenue Dallas, TX 75206

5014 Ross Avenue, Dallas, TX, 75206
$750,000
Pending
For Sale
$750,000
Pending

COMMERCIAL - Dallas, TX

Property Size3,300 SF
Lot Size0.40 Acres
Days on Market657

Property Features for 5014 Ross Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Open
Standard status
Pending
APN
000704000504A0000
Size
3,300 SF
Lot size
0.40 Acres

Taxes and HOA fees

Tax Description
YINS BLK 5/704 LT 4A ACS 0.436
Tax Annual Amount
9189

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Electric, Gas (Cooling), Central Air

Building Details

Year built
1976
Floors in Building
2
Number of units
1
Flooring type
Tile, Concrete
Building materials
Brick
Roof type
Composition
Listing Agency Keller Williams - Park Cities
Dallas, TX
Listed by William Pratt
Added: Sep 30, 2024 Checked: Jul 18 at 6:06 am
MLS# 11787856 Listing URL

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.


Investment Insights

Based on property information with market context.

This property is a restaurant with an apartment above, offered with the business and its included equipment. Inside, the commercial kitchen is set up for full-service food preparation, including deep fryers, a large walk-in freezer, and additional cold storage. There is also separate dry goods and food storage to support day-to-day operations. The apartment has a separate entrance, allowing it to be used as a residence or leased for additional income.

The site is located at 5014 Ross Avenue in Dallas, with Lower Greenville Avenue less than 2 blocks away. The surrounding area includes established businesses, and new construction is currently in progress.

The layout and included improvements make this a strong fit for an owner-operator looking for a ready-to-run restaurant with substantial refrigeration and storage capacity. It also suits investors or restaurateurs who want flexible use of the second-floor apartment, either for personal occupancy or to generate supplemental revenue through a separate lease.

Key Highlights

  • Brick building built in 1976 with composition roof
  • Heating: central and electric heat; cooling includes central air plus electric and gas cooling
  • Flooring includes tile and concrete

Local Financial Insights For Specialty 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 $79.6k $24.12
− Vacancy −$3.8k −$1.16
EGI $75.8k $22.96
− OpEx −$18.9k −$5.74
NOI $56.8k $17.22
3,300 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$811.9K
$710.4K – $947.2K (±1% cap)
NOI $56,832 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.96M
$3.46M – $4.62M (±1% cap)
NOI $277,181 @ 7.0% cap · market cap 36.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bad Chicken Restaurant

Suggested Use

Electrical Service Kitchen & Bath Showroom Computer & Electronic Repair Nursing Home Building Supply (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Florist

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

Similar Off Market Nearby

  • Grand China Super Buffet — 4018 Ross Ave, Dallas, TX 75204

FAQs

What type of property is this?
Conventional restaurant - Owner offering a turn-key restaurant operation with commercial kitchen equipment and a separate-entry apartment above.
Where is this conventional restaurant located?
The property is located at 5014 Ross Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Brick building built in 1976 with composition roof; Heating: central and electric heat; cooling includes central air plus electric and gas cooling; Flooring includes tile and concrete
Contact an agent
More about this property
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