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Property profile & analytics
OFF-MARKET
Day care centers

2830 Illinois Ave Dallas, TX 75216-3422

4,164 SF 0.18 ac lot Built 1955
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-0621228
Property summary
AI-generated overview

This 0.184-acre industrial property, located at 2830 E Illinois Avenue in Dallas, Texas, 75216, is offered at $585,000. The property is easily accessible, situated off Illinois Avenue, south of 35E, before Bonnie View Road. The building features a versatile layout including office space, multiple bathrooms, activity rooms, a large great room, a kitchen, and two substantial storage rooms. Exterior amenities include a fenced area and an open patio. The interior includes seven units with existing cooling and heating systems, a refrigerator, range, four sinks, and a salad bar (remaining with a Non-Realty Addendum). The property is being sold "as is," with the buyer responsible for seller's closing costs and a cash purchase is required. The current tax zoning is listed as Z59, Community Retail; however, potential buyers are strongly advised to conduct independent research with the city of Dallas to verify zoning and permitted uses. The business operating within the building is not included in the sale; only the building itself is for sale.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1955
Construction FRAME
Total area 4,164 SF
Lot 0.18 ac (8,000 SF)
Zoning code Z59
APN 509026000000
UPID US82-0621228
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
  • A Christian Academy Child Care Learning Center Daycare Center
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
Kids Time Day Care · 3 yrs held
Kids Time Day Care
since 2022
4 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
2001
Price N/A
Zoning & alternative use
Z59 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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