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Property profile & analytics
OFF-MARKET
Retail space

3111 Monticello Ave Dallas, TX 75205-3454

4,690 SF 0.28 ac lot Built 1961
Entity Owned Absentee Owner Free & Clear
Property ID
US82-1940537
Property summary
AI-generated overview

This exceptional 0.28-acre commercial land parcel presents a rare redevelopment opportunity in Dallas' highly coveted Knox District, situated at the prominent corner of Monticello Avenue and McKinney Avenue. Boasting 12,108 square feet of land, this single-tenant property offers unparalleled visibility and accessibility. Its location provides prominent exposure along the US-75 access road, ensuring high traffic volume and brand recognition. Convenient on-site parking is available via access from Insurance Lane. The Knox District is renowned as one of Dallas' most walkable areas, featuring a vibrant mix of local and national retailers and restaurants. This prime location places the property in close proximity to a collection of best-in-class businesses, including Apple, Restoration Hardware, Weir's Furniture, Lululemon, and Crate & Barrel, solidifying its position within a thriving and desirable commercial environment. The property's size and location make it exceptionally well-suited for a variety of high-impact commercial developments, capitalizing on the area's strong demand and established reputation. Exclusive parking is provided for the property. The property is located in Dallas County, Texas, with a Dallas, TX 75205 zip code.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction TILT-UP CONCRETE
Total area 4,690 SF
Lot 0.28 ac (12,100 SF)
Zoning code Z239
APN 166990000000
UPID US82-1940537
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
  • Katy Trail Beer and Taproom Bar & Pub
  • Goodies Cakery Bakery Specialty Food Shop
  • Brian's Wine and More Specialty Food Shop Wine and Liquor Store
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
DALLAS 3111
DALLAS 3111
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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