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    2816 Fairmount St Dallas, TX 75201
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    Property profile & analytics

    2816 Fairmount St, Dallas, TX 75201

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    • Strip malls
    • 11,602 SF
    • 0.38 lot acres
    High-Profile Restaurant Space with Patio For Lease
    $1,565,000

    High-Profile Restaurant Space with Patio

    Second generation restaurant space with patio in Uptown Dallas.

    2816 Fairmount St, Dallas, TX 75201
    View Listing
    Property ID
    US82-4240342
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 2816 Fairmount St

    Year built
    1953
    Construction
    TILT-UP CONCRETE
    Lot size
    0.38 lot acres
    Zone code
    Z239
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    135406000000
    APU
    135406000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 18, 2019 — Greenway-cedar Springs LP — Deed · related $130k · Wells Fargo Bk
    Aug 31, 2010 — Greenway-cedar Springs LP — Deed Of Trust · related $7.8M · Wells Fargo Bank
    — — Greenway-cedar Springs LP — Deed Of Trust · related $200k · Wells Fargo Bank
    — — Greenway-cedar Springs LP — Loan Modification · related $130k · Wells Fargo Bk

    Description

    This exceptional 4,000 square foot restaurant space is located at 2816 Fairmount St in Dallas, Texas, within Dallas County (zip code 75201). The property is a single-tenant retail space, specifically a second-generation restaurant, offering a rare opportunity in a highly desirable Uptown Dallas location. The space boasts a large patio facing Cedar Springs, providing excellent visibility and outdoor seating potential. The fully equipped kitchen and existing furniture/fixtures are included, significantly reducing start-up costs for a new tenant. This prime location benefits from a strong daytime population and consistent foot traffic generated by nearby luxury residences, high-quality office buildings, shopping areas, and popular entertainment venues. The short-term lease option provides flexibility for potential operators. The property's high profile and established infrastructure make it an ideal location for a variety of restaurant concepts. This is a truly unique opportunity to establish a thriving business in one of Dallas' most sought-after neighborhoods. The property is situated at 32.7979147 latitude and -96.8051681 longitude.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,341,000
      Market price range: $396k - $1.34M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,845,000
      AUTO REPAIR, GARAGE
      $1,355,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8051
    Latitude
    32.7981
    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
    $96,381
    $2,514,000
    $1,686,000
    $4,200,000
    -
    $2,514,000
    $1,686,000
    $4,200,000
    View Listing
    More about this property
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