1718 Henderson Ave Dallas, TX 75206
- Retail space
- 2,575 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 1718 Henderson Ave
- Year built
- 1959
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 2,575 SF
- Zone code
- Z239
- Property type
- Retail space
- APN
- 155620000000
- APU
- 155620000000
Description
This exceptional 2,600 square foot retail space is ideally situated at 1718 N Henderson Ave in Dallas, Texas, zip code 75206. Located in Dallas County, this property boasts a prime location offering excellent frontage and signage opportunities on a busy thoroughfare. The property sits on a 7,500 square foot lot, providing ample parking for customers and employees. Its zoning designation is PD 462. A significant advantage is its proximity to key amenities and developments. The property is only two blocks southeast of the new Acadia Development, placing it within a rapidly growing and desirable area. Furthermore, it's within convenient walking distance of popular grocery stores such as Sprouts and Trader Joe's, ensuring high foot traffic and visibility. The location is approximately 400 yards from the vibrant Lowest Greenville entertainment district, further enhancing its appeal to potential tenants. There's also the added potential to expand the property by acquiring the adjacent lot, offering significant future growth opportunities. This property presents a rare chance to establish a thriving retail business in a high-demand location. The combination of excellent visibility, convenient amenities, and growth potential makes this an exceptional investment opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $490,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $690,000
- 6.5%
- $635,000
- 7%
- $590,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $535,000
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Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.7726
- Latitude
- 32.8102
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA