3223 Merrifield Ave Dallas, TX 75223-1925
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z248 · Dallas, TXDallas. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.