Property profile

3416 Hickory Tree Rd Balch Springs, TX 75180

OFF-MARKET
Commercial land
Property ID
US82-1766131
5.9 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6.9-acre vacant land parcel presents a remarkable investment opportunity in Balch Springs, Texas. Located at 3416 Hickory Tree Road, this property boasts convenient access to major thoroughfares, including I-635, I-20, I-30, and Highway 175, ensuring excellent visibility and accessibility. Currently zoned LR (Local Retail), the land is primed for a variety of commercial developments, including restaurants, strip centers, convenience stores, professional or medical offices, retail spaces (department stores, grocery stores, hardware stores, furniture stores), financial institutions, amusement facilities, and schools. The possibilities are extensive, catering to a wide range of business needs. Furthermore, there's potential for rezoning to residential use, adding another layer of flexibility for future development plans. The property's value is solely attributed to the land itself; no value is assigned to any potential existing structures. A detailed report on the ongoing widening of Hickory Tree Road and a comprehensive land use chart are available upon request. This property offers significant potential for growth and return on investment. Consider the strategic advantage of combining this 6.9-acre parcel with the adjacent 10.939-acre property located at 12004 Quail Dr (MLS# 20490603) for a combined total of approximately 17.839 acres. The asking price for this exceptional opportunity is $796,495. Don't miss this chance to acquire a prime piece of Dallas County real estate.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.9 ac (257,004 SF)
Zoning code Z138
APN 65144313510040001
UPID US82-1766131

Cap rate & NOI

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

Location

3416 Hickory Tree Rd Balch Springs, TX 75180-2204
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
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

Zoning & alternative use

Z138 · 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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