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Property profile & analytics
FOR SALE
Office Spaces

101 N Dallas Ave Wilmer, TX 75172

600 SF 0.34 ac lot Built 2008
Entity Owned 9-yr Hold Free & Clear
Property ID
US82-4868824
101 N Dallas Ave, Wilmer, TX 75172 For Sale
Contact for pricing 600 SF
101 N Dallas Ave, Wilmer, TX 75172
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Property summary
AI-generated overview

This exceptional 0.344-acre commercial land parcel presents a rare opportunity in Wilmer, Texas. Located at the hard corner of Dallas Avenue and Belt Line Road, this property boasts unparalleled visibility and accessibility, making it an ideal location for a variety of businesses. Its strategic position connects Wilmer to Lancaster, placing it in close proximity to city hall and the public library, ensuring high foot traffic and community engagement. The asking price is $325,000. The lot's size is perfectly suited for a single-tenant building, making it an attractive option for businesses seeking a prominent location with minimal competition. Potential uses include, but are not limited to, quick-service restaurants (QSRs), dental offices, and medical practices. This is the only sizable, commercially viable lot in Wilmer offering this level of visibility and connectivity. The property's address is 101 N Dallas Ave, Wilmer, TX 75172, situated in Dallas County. This is a truly unique opportunity to establish a thriving business in a rapidly growing area. Don't miss out on this exceptional investment prospect.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2008
Construction FRAME
Total area 600 SF
Lot 0.34 ac (14,984 SF)
Zoning code Z31
APN 54005500040210000
UPID US82-4868824
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chitkara Commercial R & E LLC · 9 yrs held
Chitkara Commercial R & E LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Z31 · Wilmer, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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