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    1 Commercial Dr Addison, TX 75001

    Sponsored
    For Sale
    Contact for pricing

    Prime Addison location, high traffic, commercial zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering in Addison, Texas, presents a unique investment opportunity. Comprising two tracts, approximately 0.71 acres and 0.64 acres respectively, this property is ideally situated within the BL Belt Line Road District. Boasting high visibility along Belt Line Road and Marsh Lane, with daily traffic counts averaging approximately 30,000 and 37,000 vehicles, respectively, this location ensures maximum exposure for any commercial venture. The property's zoning permits a wide range of commercial uses, providing flexibility for diverse business plans. Located within the Dallas Independent School District, the site benefits from convenient access to essential utilities. Addison's thriving atmosphere, characterized by a vibrant nightlife, diverse culinary scene, and active community, creates a highly desirable environment for businesses and residents alike. The area's robust economic indicators and growing population make this a compelling investment prospect for those seeking to capitalize on Addison's flourishing market. This is a rare chance to acquire a strategically positioned commercial land parcel in a highly sought-after Texas location.

    Property Features for 1 Commercial Dr

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    HighLights

    • Land parcel totaling 0.64 to 0.71 acres.
    • Located in Addison, Texas, Dallas County, zip code 75001, at 1 Commercial Dr.
    • Zoned BL Belt Line Road District for commercial use.
    • High traffic visibility on Belt Line Road (30,000 VPD) and Marsh Lane (37,000 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dallas
    State
    Texas
    Longitude
    -96.849816438759
    Latitude
    32.953053225721

    Nearby Comparable

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    Nearby Similar for Sale

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      Addison Executive Office Condos

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    FAQs

    What type of property is this?
    Land - Prime Addison location, high traffic, commercial zoning
    Where is this land located?
    The property is located at 1 Commercial Dr Addison, TX.
    What are key features of this property?
    This property features: Land parcel totaling 0.64 to 0.71 acres.; Located in Addison, Texas, Dallas County, zip code 75001, at 1 Commercial Dr.; Zoned BL Belt Line Road District for commercial use.
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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
    1 Commercial Dr Addison, TX 75001
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