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    3611 Ramona Ave Dallas, TX 75216

    For Sale
    Contact for pricing

    Profitable Dallas Restaurant, Lease in Place

    Property size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,300 square foot freestanding building in Dallas, Texas, presents a compelling investment opportunity. Located at 3611 Ramona Ave, Dallas, TX 75216, this hospitality/retail property is currently leased to Flavors Shaved Ice, Daiquiris, Fast Food & More, providing immediate income upon acquisition. The building's classification includes QSR/Fast Food and Restaurant subtypes, making it suitable for a variety of food service businesses. The net rentable area is 1,300 square feet, and the property includes two keys. The property is situated in Dallas County and benefits from its established location within the city. This turnkey investment offers a stable income stream with an existing tenant in place, minimizing vacancy risk. The sale includes the current lease agreement, ensuring a consistent return on investment. This is an excellent opportunity for investors seeking a profitable, low-maintenance commercial property in a thriving Dallas location. The property's convenient location and established tenant make it an attractive option for buyers looking for a strong return on their investment. The building's existing infrastructure and operational status minimize upfront capital expenditures, allowing for a quicker return on investment.

    Property Features for 3611 Ramona Ave

    General Information

    Property type
    Restaurants
    Square Feet
    1,300 SF

    HighLights

    • Currently leased to Flavors Shaved Ice, Daiquiris, Fast Food & More.
    • Offered with existing lease and established income stream.
    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 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
    -96.805880856652
    Latitude
    32.701037543419

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    FAQs

    What type of property is this?
    Restaurant - Profitable Dallas Restaurant, Lease in Place
    Where is this restaurant located?
    The property is located at 3611 Ramona Ave Dallas, TX.
    What are key features of this property?
    This property features: Currently leased to Flavors Shaved Ice, Daiquiris, Fast Food & More.; Offered with existing lease and established income stream.;
    Request Owner's contact information
    3611 Ramona Ave Dallas, TX 75216
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    Dallas, TX 75216
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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
    3611 Ramona Ave Dallas, TX 75216
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