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Property profile & analytics
FOR SALE
Grocery and convenience stores

2045 Fort Worth Ave Dallas, TX 75208

26,850 SF 2.13 ac lot Built 1946
Individually Owned 5-yr Hold Free & Clear
Property ID
US82-2664341
Property summary
AI-generated overview

This exceptional 99,078-square-foot land parcel presents a remarkable opportunity for development in the vibrant city of Dallas, Texas. Located at 2045 Fort Worth Ave, in Dallas County, zip code 75208, this property boasts a strategic location within a thriving urban environment. The site is zoned PD 714 (Subdistrict A), offering significant potential for a variety of commercial projects. The expansive square footage provides ample space for ambitious development plans, catering to diverse needs and visions. Its convenient location offers easy access to major transportation arteries, ensuring seamless connectivity to the wider Dallas-Fort Worth metroplex. This property is an excellent investment for developers seeking a prime location with substantial development potential in a dynamic and growing market. The latitude and longitude coordinates are 32.763039 and -96.855546 respectively. This significant land holding is ready for its next chapter, promising substantial returns for the discerning investor. The property type is designated as Land. Serious inquiries are encouraged to explore the full potential of this exceptional opportunity.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1946
Construction TILT-UP CONCRETE
Total area 26,850 SF
Lot 2.13 ac (92,739 SF)
Zoning code Z239
APN 364711000000
UPID US82-2664341
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
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.20M
Owner & transaction history
Columbus Trail-94 Ltd · 5 yrs held
Columbus Trail-94 Ltd
since 2020
6 recorded transactions
2021
Price N/A
2020
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z239 · Dallas, TX
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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