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    6826 Greenville Ave Dallas, TX 75231

    Sponsored
    For Sale
    $3,500,000

    Iconic Dallas bar/nightclub, redevelopment potential

    Property size:
    12,949 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 12,949-square-foot retail property, located at 6826 Greenville Avenue in Dallas, Texas, presents a unique investment opportunity. Situated on 0.8 acres in a high-traffic area (23,148 vehicles per day in 2022), this vacant property boasts excellent visibility and accessibility. The location is surrounded by established national retailers such as Costco, Whole Foods, and HomeGoods, ensuring high foot traffic and brand recognition. The property features ample parking, with additional adjacent land owned by Oncor offering expansion possibilities. An existing billboard provides additional advertising potential. Convenient access to major thoroughfares, including I-75, Park Lane, and Northwest Highway, further enhances its appeal. The property is zoned for a bar and nightclub, but its size and location offer significant redevelopment potential for a variety of uses. The asking price is $3,500,000, and the lease type is NNN. This is an exceptional opportunity to acquire a prime retail space in a thriving Dallas neighborhood. The property's high visibility, ample parking, and strategic location make it an ideal investment for businesses seeking maximum exposure and growth potential.

    Property Features for 6826 Greenville Ave

    General Information

    Property type
    Restaurants
    Square Feet
    12,949 SF

    HighLights

    • 12,949 SF building on a 0.8‑acre lot with excellent visibility.
    • Prime Greenville Avenue location near major retailers.
    • High‑traffic location with 23,148 vehicles per day (VPD).
    • Additional parking available via adjacent Oncor property.
    • On‑site billboard for enhanced branding.
    • Convenient access to I‑75, Park Lane, and Northwest Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.766046795722
    Latitude
    32.869908018046

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    FAQs

    What type of property is this?
    Restaurant - Iconic Dallas bar/nightclub, redevelopment potential
    Where is this restaurant located?
    The property is located at 6826 Greenville Ave Dallas, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 12,949 SF building on a 0.8-acre lot with excellent visibility.; Prime Greenville Avenue location near major retailers.; High-traffic location with 23,148 vehicles per day (VPD).
    Request Owner's contact information
    6826 Greenville Ave Dallas, TX 75231
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    Dallas, TX 75231
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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
    6826 Greenville Ave Dallas, TX 75231
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