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Property profile & analytics
FOR SALE
Warehouses

108 N Marsalis Ave Dallas, TX 75203

5,130 SF 0.93 ac lot Built 2006
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US83-3655065
Property summary
AI-generated overview

This exceptional retail property, located at 108 N. Marsalis Ave. in Dallas, Texas, offers a substantial 40,424 square feet of space. Situated in the heart of Dallas, within Dallas County, zip code 75203, this property presents a unique opportunity for businesses seeking a prominent location. The property's zoning is designated PD - 468 (Subdistrict D - TR 3) WMU - 5, providing flexibility for a range of retail uses. The precise permitted uses are defined within the zoning designation. This expansive space is ideal for a variety of retail concepts, offering ample room for large-scale operations or the potential for subdivision into smaller units. The address, 108 N. Marsalis Ave., ensures high visibility and accessibility for customers. Its location in Dallas, Texas, provides access to a large and diverse consumer base. The property's size and prime location make it an attractive investment opportunity for businesses seeking to establish or expand their presence in a thriving market. Interested parties should review the zoning designation to confirm suitability for their intended use. The geographic coordinates are 32.7486728 latitude and -96.8152758 longitude.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2006
Construction STEEL FRAME
Total area 5,130 SF
Lot 0.93 ac (40,424 SF)
Zoning code Z239
APN 003079009601A0000
UPID US83-3655065
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
  • AJ Auto Services (Bike/Boat/Book/etc) Store Auto Parts Store
  • Coin Wash Car Wash
  • Steel machines motor cars LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
$770k
Comparable Approach Comparable
$656k
Blend (final) Blend
$645k
Owner & transaction history
Devonshire Ventures LLC · 6 yrs held
Devonshire Ventures LLC
since 2019
7 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $915,000 +120.8%
Retail stores $775,000 +87.1%
Restaurant $720,000 +74.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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