Technical
Financial
Distress signals
Property profile

811 O'connor Rd Irving, TX 75061

OFF-MARKET
Retail properties & Spaces
4,584 SF
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Property summary

AI-generated overview

This 4,584 square foot storefront property in Irving, Texas, presents a compelling value-add investment opportunity. Located at 811 N O'Connor Rd, in Dallas County, zip code 75061, this single-story building boasts two units, currently operating at 50% occupancy. One unit is currently leased to Gibson Pharmacy for $2,500 per month. Built in 1961, the property offers enduring quality and is zoned for commercial use. The asking price is $850,000, representing a 3.67% cap rate. The gross lease structure provides a straightforward income stream. Its prime location in Irving ensures high visibility and accessibility, making it attractive to a wide range of tenants. The property's current occupancy presents a significant opportunity for growth through increased leasing or owner-occupancy. This well-maintained property is ready for immediate occupancy and offers a promising return on investment for a savvy buyer seeking to diversify their commercial portfolio. The property's strategic location and versatile nature make it an ideal asset in a dynamic market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,584 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

811 O'connor Rd Irving, TX 75061
Irving metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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