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    533 R L Thornton Fwy Dallas, TX 75203

    For Sale
    Contact for pricing

    High-traffic retail land, 8,895 SF building

    Property size:
    8,895 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Dallas retail property, located at 533 S. RL Thornton Freeway, presents a unique investment opportunity. The property boasts a substantial 8,895 square foot building situated on a generous 30,000 square foot lot. Its prime location offers unparalleled access to high vehicular traffic volumes, with I-35E boasting 180,295 vehicles per day (data from 2015). The property is zoned PD 468, WMU-12, providing flexibility for a variety of retail uses. This versatile space is ideal for businesses seeking high visibility and convenient access for customers. The substantial lot size also offers potential for future expansion or development. Located in the heart of Dallas, Texas, in the 75203 zip code, this property benefits from excellent connectivity and proximity to a thriving urban environment. This is a rare chance to acquire a well-positioned retail property in a dynamic and rapidly growing market. The property's size and zoning make it suitable for a wide range of retail concepts, offering significant potential for return on investment. Serious inquiries are encouraged to explore this compelling opportunity.

    Property Features for 533 R L Thornton Fwy

    General Information

    Property type
    Land
    Square Feet
    8,895 SF

    HighLights

    • 8,895 SF building on ±30,000 SF lot.
    • High traffic counts: 180,295 vehicles per day (VPD) on I‑35E (2015 data).
    • PD 468 WMU‑12 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -96.8099493
    Latitude
    32.7568526

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, 8,895 SF building
    Where is this land located?
    The property is located at 533 R L Thornton Fwy Dallas, TX.
    What are key features of this property?
    This property features: 8,895 SF building on ±30,000 SF lot.; High traffic counts: 180,295 vehicles per day (VPD) on I-35E (2015 data).; PD 468 WMU-12 zoning.
    Request Owner's contact information
    533 R L Thornton Fwy Dallas, TX 75203
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    Dallas, TX 75203
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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
    533 R L Thornton Fwy Dallas, TX 75203
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