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Property profile & analytics
OFF-MARKET
Land

3822 Illinois Ave Dallas, TX 75211

8,510 SF 0.81 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.81-acre commercial land parcel presents a unique investment opportunity in Dallas County. Ideally situated off Valleria Drive and West Illinois Avenue, this property benefits from its location in one of the DFW metroplex's fastest-growing submarkets. The site's strategic positioning ensures high visibility and accessibility, surrounded by major employers, driving significant potential for business growth. The property includes an existing 8,510 square foot prefabricated building, offering immediate occupancy or redevelopment potential. Its proximity to a retail center anchored by Fiesta and Marshall's, along with other established businesses such as Waffle House, O'Reilly's, and Chase Bank, further enhances its desirability. The land is designated as a "Development by Right" pad site, streamlining the development process and minimizing potential delays. This prime location, combined with the existing building and convenient access to major thoroughfares, makes this an exceptional opportunity for investors seeking a high-growth area with established infrastructure and strong tenant potential. The single-tenant configuration offers flexibility for a variety of commercial uses. This property is ready for immediate development or occupancy, presenting a compelling investment opportunity in a thriving Dallas County market.

Property profile
Verified
Property type Land
Total area 8,510 SF
Lot 0.81 ac (35,284 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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