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Property profile & analytics
OFF-MARKET Estimated value $650,000
Turn key restaurants

14655 Dallas Pkwy Dallas, TX 75254-7410

11,416 SF 1.52 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
Property ID
US82-4611667
Property summary
AI-generated overview

This exceptional 10,500-square-foot retail or restaurant space is situated on a 1.52-acre lot at 14655 Dallas Parkway in Dallas, Texas, zip code 75254. The property, built in 1999 and classified as Class A, boasts 126 parking spaces and enjoys unparalleled visibility along the Dallas North Tollway, with over 200,000 vehicles passing daily. Its location just half a mile from the heart of Addison, Texas, provides access to a dense population of over 17,000 residents and a daytime population exceeding 60,800 within a one-mile radius. Addison's vibrant community hosts over 150 special events annually, including Kaboom Town (over 400,000 visitors) and Oktoberfest (over 70,000 visitors), ensuring consistent high traffic. The property benefits from its proximity to recently completed Class A office developments, including the six-story Tollway Center (201,606 square feet) and the Fourteen5 development (480,000 square feet), further enhancing its desirability and potential. This single-tenant property presents a unique opportunity for a restaurant or redevelopment into an office building, capitalizing on its prime location and surrounding commercial activity within Dallas County. The entire 10,500 square feet is currently vacant.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Construction FRAME
Total area 11,416 SF
Lot 1.52 ac (66,211 SF)
Zoning code Z395
APN 10005360010010000
UPID US82-4611667
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
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$798k
Blend (final) Blend
$650k
Owner & transaction history
Concept Investments LLC · 2 yrs held
Concept Investments LLC
since 2024
2 recorded transactions
2024
Price N/A
2016
Price N/A
Zoning & alternative use
Z395 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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