11924 Lake June Rd Balch Springs, TX 75180
- Commercial real estate
- 1,313 SF
- 0.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11924 Lake June Rd
- Year built
- 1954
- Lot size
- 0.23 lot acres
- Property size
- 1,313 SF
- Property type
- Commercial real estate
Description
This exceptional retail property, located at 11924 Lake June Rd, Balch Springs, TX 75180, presents a compelling investment opportunity. The 1,313 square foot building sits on a 0.23-acre lot and was constructed in 1954. Currently, the property is divided into two distinct spaces. Side A, approximately 1000 square feet, is occupied by a retail business and includes a half bath and storage area. Side B, a roughly 400 square foot space, houses a barber shop with its own half bath and storage closet. The property boasts a highly visible location at the intersection of Lake June and Hickory Tree Roads, benefiting from significant traffic flow and proximity to established businesses, including a 7-Eleven. Ample parking is available at the front entrance. The large rear lot offers additional potential. The property's prominent location and substantial lot size make it ideal for redevelopment, aligning with the ongoing revitalization efforts in the surrounding area. The asking price is $499,000. This property offers a unique blend of existing income potential and significant redevelopment possibilities in a thriving commercial corridor. The large, high-traffic road sign provides excellent visibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Balch Springs
- County
- Dallas
- State
- Texas
- Longitude
- -96.6215811
- Latitude
- 32.733723
