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    Prairie Ave Dallas, TX 75204

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    For Lease
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    ±0.44-acre Dallas restaurant land, high visibility.

    Lot size:
    4,765 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This ±0.44-acre commercial land parcel in Dallas, Texas, presents a unique opportunity for a quick-service restaurant or similar retail establishment. Located at the southwest corner of Ross Ave and N Prairie Ave, this property boasts exceptional visibility and accessibility, situated just east of Highway 75. The existing 4,765 square-foot building is vacant and can be demolished to accommodate a new build-out. The site is zoned PD 298 (Subarea 4) in Dallas County and allows for quick-service restaurants by right. This prime location offers significant advantages, benefiting from strong demographics and traffic counts. The area is experiencing substantial growth and transformation, with notable developers such as Trammell Crow Residential, JLB Partners, Alliance Residential, and Mill Creek Residential Trust actively involved in nearby projects. This property offers the chance to be part of this exciting development. The lot size is 0.436 acres. The property is located in the 75204 zip code. This is a single-tenancy property.

    Property Features for 0 Prairie Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,765 SF

    Unit(s) available at that property

    Space
    Size
    19,166 SF

    HighLights

    • Small‑footprint restaurant site plan with dual drive‑thru lanes.
    • Drive‑thru restaurant zoning approved.
    • High‑growth, rapidly redeveloping location.
    • Convenient access to Downtown, Baylor University, Deep Ellum, and Uptown.
    • Excellent location near major traffic arteries and national retailers.
    • Robust demographics, showing a 28% population increase since 2010.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7769853
    Latitude
    32.8055795

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    FAQs

    What type of property is this?
    Restaurant - ±0.44-acre Dallas restaurant land, high visibility.
    Where is this restaurant located?
    The property is located at Prairie Ave Dallas, TX.
    What are key features of this property?
    This property features: Small-footprint restaurant site plan with dual drive-thru lanes.; Drive-thru restaurant zoning approved.; High-growth, rapidly redeveloping location.
    Request Owner's contact information
    Prairie Ave Dallas, TX 75204
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    Dallas, TX 75204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Prairie Ave Dallas, TX 75204
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