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    Property profile & analytics
    OFF-MARKET Estimated value $735,000
    Strip malls

    107 Cedar Rdg Dr, Duncanville, TX 75116-3100

    26,706 SF 1.99 ac lot Built 1986
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US82-2961976
    Property summary
    AI-generated overview

    University Plaza, a single-story retail strip center in Duncanville, Texas, presents a compelling investment opportunity. This 25,995 square foot property, situated on a 1.99-acre lot at 107 N Cedar Ridge Dr, 75116, offers 3,546 square feet of immediately available retail space. Built in 1986, the center boasts a convenient location within Dallas County and is zoned CS. The property features ample parking with 108 spaces available for customers and tenants. The absence of elevators is consistent with its single-story design. The multiple-tenancy structure provides flexibility for a variety of retail businesses. The property's prime location in Duncanville, Texas offers excellent visibility and accessibility, making it an ideal space for businesses seeking high foot traffic. The existing infrastructure is well-maintained, minimizing upfront capital expenditures for potential tenants. This presents a unique chance to acquire a well-established retail property with immediate occupancy potential in a thriving Texas market. The substantial available space allows for customization to suit a wide range of retail concepts. Interested parties are encouraged to explore the possibilities this property offers.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1986
    Construction TILT-UP CONCRETE
    Total area 26,706 SF
    Lot 1.99 ac (86,684 SF)
    Zoning code Z141
    APN 22034500010160100
    UPID US82-2961976
    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
    Current use
    Occupant on record · Public records
    • One Hour Dry Cleaning (Bike/Boat/Book/etc) Store
    • Zoro Tax Financial Services LLC Tax Preparation
    • U Salon De' Hair Salon
    • Thibodeaux's Authentic Cajun Cookin' Restaurant
    • The Pelican House Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $710k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $758k
    Blend (final) Blend
    $735k
    Owner & transaction history
    Itani Ents · 10 yrs held
    Itani Ents
    since 2016
    6 recorded transactions
    2021
    2016
    2016
    2013
    2005
    1969
    Zoning & alternative use
    Z141 · Duncanville, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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