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    4909 Ross Ave Dallas, TX 75206

    For Lease
    $30 SF/Yr

    Prime Dallas retail space, newly renovated.

    Lot size:
    8,914 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional Class A retail property, located at 4909 Ross Avenue in the vibrant Ross Ave submarket of Dallas, Texas, presents a unique investment opportunity. The 8,914 square foot building, constructed in 1935 and completely renovated in 2021 (with final touches completed in Fall 2022), offers six suites totaling 8,914 square feet of vacant space, currently in shell condition. The minimum divisible space is 500 square feet, with a maximum contiguous space of 8,914 square feet, allowing for flexibility to accommodate a variety of tenants. The property is zoned CR and features a single-story building. Its location on Ross Avenue, a major thoroughfare leading into and out of downtown Dallas, provides excellent visibility and accessibility. The Ross Avenue Corridor is experiencing significant revitalization, with new residential and commercial developments transforming the area. This presents a compelling opportunity to capitalize on the growth and increasing demand in this dynamic location. The property's recent comprehensive renovation ensures modern amenities and a high-quality space for prospective tenants. This is an ideal investment for those seeking a prime retail location in a rapidly developing area of Dallas. The property's size and flexibility make it suitable for a variety of retail or restaurant concepts.

    Property Features for 4909 Ross Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,914 SF
    Class
    A
    Total Rate
    22285

    Building Details

    Year Built/Renovated
    1935/2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 600
    Size
    1,195 SF
    Rate per SF
    $50
    Space
    Suite 400
    Size
    1,232 SF
    Rate per SF
    $50
    Space
    Suite 500
    Size
    1,385 SF
    Rate per SF
    $50
    Space
    100
    Size
    1,660 SF
    Rate per SF
    $55
    Space
    Suite 200
    Size
    1,232 SF
    Rate per SF
    $50
    Space
    Suite 300
    Size
    1,232 SF
    Rate per SF
    $50

    HighLights

    • Class A retail property at a Ross & Fitzhugh hard corner in Dallas.
    • Completely renovated in 2022.
    • Bella Trino Italian Restaurant anchors an endcap with patio seating.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ross Avenue Retail ... Commercial Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.775939488288
    Latitude
    32.806475205072

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Dallas retail space, newly renovated.
    Where is this lifestyle center located?
    The property is located at 4909 Ross Ave Dallas, TX.
    What is the lease rate?
    The lease rate is $50-$55 SF/Yr.
    What are key features of this property?
    This property features: Class A retail property at a Ross & Fitzhugh hard corner in Dallas.; Completely renovated in 2022.; Bella Trino Italian Restaurant anchors an endcap with patio seating.
    Request Owner's contact information
    4909 Ross Ave Dallas, TX 75206
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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
    4909 Ross Ave Dallas, TX 75206
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