2015 Henderson Ave Dallas, TX 75206
- Retail space
- 1,512 SF
- 0.19 lot acres
Current Use by Public Records
- Henderson Salon / Beauty Salon
Property Details for 2015 Henderson Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.19 lot acres
- Property size
- 1,512 SF
- Zone code
- Z239
- Property type
- Retail space
- APN
- 156415000000
- APU
- 156415000000
Description
This exceptional 2,000-square-foot retail space is ideally situated on Henderson Avenue in the vibrant Knox-Henderson district of Dallas, Texas. Located within Dallas County, zip code 75206, this property presents a unique opportunity for a variety of businesses, including bars, coffee shops, beauty salons, or restaurants. The building is a single-suite, free-standing structure offering excellent visibility to both pedestrian and vehicular traffic. The property boasts exclusive parking, a significant advantage in this high-traffic area. The Knox-Henderson district is known for its eclectic mix of businesses catering to a young, affluent professional demographic. This area is experiencing significant growth, with ongoing development plans by Open Realty Advisors promising to further enhance the already thriving commercial environment through the addition of office, residential, and retail spaces. This is one of the last remaining free-standing buildings on this highly sought-after stretch of Henderson Avenue, making it a truly rare and valuable opportunity. The property's 2,000 square feet of vacant space offers considerable flexibility for a variety of uses. This prime location and the ongoing development in the area make this a compelling investment opportunity with significant potential for growth and return.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $430,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $425,000
- Mixed-Use
- $350,000
- Hospitality
- $445,000
- Educational
- $385,000
- Residential Income
- $395,000
- Energy
- $360,000
- Income-Based Land
- $460,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.776
- Latitude
- 32.8122
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
