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Property profile & analytics

15375 Addison Rd Addison, TX 75001-4552

  • Turn key restaurants
  • 4,974 SF
  • 0.61 lot acres
OFF-MARKET
Last Sale
Nov 04, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-0753405
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Nine45North / Restaurant
  • Noor Cafe / Mediterranean Restaurant / Bakery
  • Villa Lounge / Lounge

Property Details for 15375 Addison Rd

Year built
1983
Construction
TILT-UP CONCRETE
Lot size
0.61 lot acres
Property size
4,974 SF
Zone code
Z137
Property type
Turn key restaurants
APN
10000901056000000
APU
10000901056000000

Description

This exceptional turnkey business opportunity presents a fully operational restaurant, hookah lounge, and cafe located at 15375 Addison Road in the thriving city of Addison, Texas. The property encompasses a substantial 4,974 square feet situated on a 0.61-acre lot. The building itself underwent a complete rebuild in 2023-2024, resulting in a modern and efficient space equipped with brand new kitchen equipment and furniture. This comprehensive renovation ensures a seamless transition for the new owner, eliminating the need for costly upgrades or repairs. The sale includes not only the freestanding building and land but also all existing equipment, machinery, furniture, and inventory, providing a truly turnkey operation ready for immediate revenue generation. Addison is renowned for its upscale amenities, prestigious events, and presence of internationally recognized brands, creating a highly desirable and lucrative market for this type of establishment. The property's prime location within Addison guarantees high visibility and accessibility, attracting a substantial customer base. This is a rare opportunity to acquire a well-established and fully equipped business in a prime location, offering significant potential for growth and profitability. The asking price for this remarkable property is $3,499,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Addison
County
Dallas
State
Texas
Longitude
-96.8302
Latitude
32.9586
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,755
$480,640
$845,140
$1,325,780
-
$480,640
$845,140
$1,325,780
More about this property
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