Restaurant with Apartment
5014 Ross Avenue, Dallas, TX 75206
- Added:
- Sep 30, 2024
- Days on Market:
- 611
- Last Refresh:
- Jun 2 at 8:06 pm
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
- Electric (Heating), Central
- Cooling system
- Electric, Central Air, Gas (Cooling)
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Concrete
- Building materials
- Brick
- Roof type
- Composition
Listing agent William Pratt (214) 526-4663
Listing office Keller Williams - Park Cities Dallas, TX (214) 526-4663
Listing date Sep 30, 2024
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.
HighLights
- 1976 brick construction with tile and concrete flooring
- Restaurant sale includes kitchen equipment such as deep fryers and a walk‑in freezer
- Additional storage includes extra cold storage plus separate dry goods and food storage areas
- Apartment over restaurant with separate entrance for use as a residence or for lease
- Central heating and central air with electric and gas cooling; composition roof
- Open parking available
Overview
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.
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.
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
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
NOI $277,181 @ 7.0% cap · market cap 36.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Bad Chicken
Restaurant
Similar Places Nearby
- Grand China Super Buffet — 4018 Ross Ave, Dallas, TX 75204
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.774216
- Latitude
- 32.807253
Nearby Similar for Sale
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: 1976 brick construction with tile and concrete flooring; Restaurant sale includes kitchen equipment such as deep fryers and a walk‑in freezer; Additional storage includes extra cold storage plus separate dry goods and food storage areas
