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Property profile & analytics
OFF-MARKET
Land

1 Commercial Dr Addison, TX 75001

0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering in Addison, Texas, presents a unique investment opportunity. Comprising two tracts, approximately 0.71 acres and 0.64 acres respectively, this property is ideally situated within the BL Belt Line Road District. Boasting high visibility along Belt Line Road and Marsh Lane, with daily traffic counts averaging approximately 30,000 and 37,000 vehicles, respectively, this location ensures maximum exposure for any commercial venture. The property's zoning permits a wide range of commercial uses, providing flexibility for diverse business plans. Located within the Dallas Independent School District, the site benefits from convenient access to essential utilities. Addison's thriving atmosphere, characterized by a vibrant nightlife, diverse culinary scene, and active community, creates a highly desirable environment for businesses and residents alike. The area's robust economic indicators and growing population make this a compelling investment prospect for those seeking to capitalize on Addison's flourishing market. This is a rare chance to acquire a strategically positioned commercial land parcel in a highly sought-after Texas location.

Property profile
Verified
Property type Land
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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