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    FOR LEASE
    Turn key restaurants

    174 W Ellendale Ave, Dallas, OR 97338

    4,099 SF 1.36 ac lot Built 1999
    Trust Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US71-0755990
    Property summary
    AI-generated overview

    This exceptional 21,000 square foot commercial land parcel presents a unique opportunity in the thriving Mill Valley Square shopping center. Located in Polk County and conveniently situated near the intersection with Jasper, this single-tenant site is ideal for build-to-suit (BTS) or reverse BTS development. The property's strategic location within Mill Valley Square offers significant advantages, benefiting from the established presence and high traffic volume generated by anchor tenants Safeway and Rite Aid. This translates to increased visibility and accessibility for any new business. The expansive 21,000 square foot lot provides ample space for a variety of commercial developments, catering to diverse business needs. The site's potential is further enhanced by its prime location within a well-established shopping center, ensuring a strong customer base and convenient access for patrons. This is a rare opportunity to establish a presence in a high-traffic, highly visible location within a successful retail environment. The flexibility of BTS and reverse BTS options allows for customized development to perfectly match your business requirements. Don't miss this chance to secure a prominent position in a thriving Polk County commercial hub. Contact us today to learn more about this exceptional property and explore the possibilities.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1999
    Total area 4,099 SF
    Lot 1.36 ac (59,242 SF)
    Zoning code CG
    APN 07528-CC-00600
    UPID US71-0755990
    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
    • Abby's Legendary Pizza Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Teazis,wanda P Trust · 5 yrs held
    Teazis,wanda P Trust
    since 2021
    7 recorded transactions
    2022
    2021
    2020
    2012
    2005
    1969
    1969
    Zoning & alternative use
    CG · Dallas, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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