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    1814 Richardson Ave Dallas, TX 75215

    For Sale
    Contact for pricing

    Prime Retail Space, Multiple Units Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 4640 Oakton Street in Cook County, offers 4,150 square feet of versatile commercial space currently available for lease. The single-story building is ideally suited for a variety of uses, including retail, office, educational institutions, training centers, home healthcare businesses, or contractor operations. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 2,650 square feet. Currently, the entire 4,150 square feet is vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy this prime location. The property benefits from its high-traffic location on Oakton Street, enjoying excellent visibility and accessibility. A significant advantage is its proximity to Diana's Bridal, ensuring high foot traffic and brand synergy potential. Furthermore, the property's convenient location offers easy access to public transportation, being a mere four-minute walk from the Oakton-Skokie Yellow Line station, enhancing its appeal to both employees and customers. The previous tenant utilized the space as an office/tutoring facility, providing a functional layout that can be easily adapted to various business needs. This property represents a compelling investment opportunity in a thriving commercial area.

    Property Features for 1814 Richardson Ave

    General Information

    Property type
    Land

    HighLights

    • Retail property totaling 4,150 square feet.
    • Fully vacant, offering 4,150 square feet of contiguous space.
    • Divisible into spaces ranging from 1,500 to 2,650 square feet.
    • Located on busy Oakton Street in Cook County, near Diana's Bridal.
    • Conveniently situated a four‑minute walk from the Oakton‑Skokie Yellow Line station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.782728
    Latitude
    32.769001

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    FAQs

    What type of property is this?
    Land - Prime Retail Space, Multiple Units Available
    Where is this land located?
    The property is located at 1814 Richardson Ave Dallas, TX.
    What are key features of this property?
    This property features: Retail property totaling 4,150 square feet.; Fully vacant, offering 4,150 square feet of contiguous space.; Divisible into spaces ranging from 1,500 to 2,650 square feet.
    (214) 526-3626
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    1814 Richardson Ave Dallas, TX 75215
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    Dallas, TX 75215
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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
    1814 Richardson Ave Dallas, TX 75215
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