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    5421 Grand Ave Dallas, TX 75223

    Sponsored
    For Lease
    $22 SF/Yr ($3,208 /Mo)

    Prime Dallas Retail/Office Opportunity

    Lot size:
    1,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1,750 square foot retail and office space, located at 5421 E Grand Ave in Dallas, Texas, presents a unique investment opportunity. Situated in the East Dallas submarket, this Class B property boasts a single-story building with four suites, currently offering 1,750 square feet of vacant space. The entire building is available for lease, providing a minimum and maximum contiguous space of 1,750 square feet. The property features fresh paint and a newly renovated bathroom, offering a blank canvas for any business. Its convenient location near I-30 ensures high visibility and accessibility. The zoning classification requires verification with the City of Dallas. This property is ideal for a variety of retail or office uses, including but not limited to general retail, pawn shops, or clothing stores. The property is located in Dallas County, Texas, zip code 75223. The building consists of one building with a total of 1,750 square feet. This is a multi-tenant property.

    Property Features for 5421 Grand Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,750 SF
    Class
    B
    Total Rate
    3208.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    E. Grand Retail
    Size
    1,750 SF
    Rate per SF
    $26

    HighLights

    • 1,750 SF retail/office space available for lease in Dallas, TX.
    • Located at 5421 E Grand Ave, East Dallas submarket.
    • Class B, single‑story building with four suites; entire 1,750 SF currently vacant.
    • Recently renovated with fresh paint and a new bathroom.
    • High visibility and accessibility near I‑30.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -96.748825693897
    Latitude
    32.792466766294

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Dallas Retail/Office Opportunity
    Where is this office property / space located?
    The property is located at 5421 Grand Ave Dallas, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1,750 SF retail/office space available for lease in Dallas, TX.; Located at 5421 E Grand Ave, East Dallas submarket.; Class B, single-story building with four suites; entire 1,750 SF currently vacant.
    Request Owner's contact information
    5421 Grand Ave Dallas, TX 75223
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    Dallas, TX 75223
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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
    5421 Grand Ave Dallas, TX 75223
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