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Property profile & analytics
OFF-MARKET
Auto shops

3223 Merrifield Ave Dallas, TX 75223-1925

3,300 SF 0.17 ac lot Built 1985
Individually Owned 19-yr Hold Free & Clear
Property ID
US82-1780527
Property summary
AI-generated overview

This exceptional 3,330 square foot auto shop, located at 3223 Merrifield Ave in Dallas, Texas, presents a unique investment opportunity. The two-story building sits on an 8,645 square foot lot and boasts five lifts, a car inspection station, and ample workspace. The property includes well-appointed offices, a reception area, break room, and kitchen, ensuring comfort and efficiency for staff. Employee lockers and racks for auto parts are also provided. The second floor offers two bedrooms, a restroom, and a spacious office with panoramic views, ideal for management or additional storage. A significant advantage is the availability of a 7,260 square foot adjacent lot, perfect for future expansion. Strategically located off Highway 30 and Dolphin Road on a service road with highway frontage, this property benefits from exceptional visibility and high traffic volume. Texas Department of Transportation data indicates a daily traffic count of 163,540 vehicles on Highway 30. Currently leased at $5,500 per month plus utilities, the lease expires May 1, 2027, offering both immediate income and long-term potential. This turnkey operation is ready for a new owner to capitalize on its established success and prime location. The property's features and location make it an ideal investment for an experienced operator or a savvy investor seeking a strong return.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Construction TILT-UP CONCRETE
Total area 3,300 SF
Lot 0.17 ac (7,305 SF)
Zoning code Z248
APN 225994000000
UPID US82-1780527
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
  • Redline Motorworkz Auto Repair Shop
  • Banks Klassic Kar Kare Auto Repair Shop
  • Hb Trucking And Automotive Services Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Automotive Unic · 19 yrs held
Automotive Unic
since 2007
2 recorded transactions
2007
Price N/A
2006
Price N/A
Zoning & alternative use
Z248 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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