Technical
Financial
Distress signals
Property profile

3300 Glenshire Dr Balch Springs, TX 75180

FOR SALE
Strip malls
Property ID
US82-1977014
2,450 SF 0.27 ac lot Built 1985
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 2,450 square foot vacant convenience store building in Balch Springs, Texas, is offered at $250,000. Built in 1985 on a 12,531 square foot lot, the property is a distressed sale and requires complete renovation. Currently, the building lacks interior floors, plumbing, gas, water, and electricity. The interior is described as having dirt floors and is boarded up; entry is discouraged. However, a sewer connection is available via a nearby manhole, and a deadhead water connection is on the property. The sale includes a prepaid lease. The property's value is projected to increase significantly in the future, making it an attractive investment opportunity for long-term growth. The building's location offers high visibility and ample parking. Deed restrictions are available upon request. This is a unique opportunity to develop a retail space in a high-traffic area. The property is sold as-is. The building is a single-story structure with one unit.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction TILT-UP CONCRETE
Total area 2,450 SF
Lot 0.27 ac (11,935 SF)
Zoning code Z139
APN 65144313510150000
UPID US82-1977014

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3300 Glenshire Dr Balch Springs, TX 75180
Balch Springs metro Census 17201 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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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
$295k

Owner & transaction history

Zoning & alternative use

Z139 · Balch Springs, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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