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Property profile & analytics
OFF-MARKET Estimated value $505,000
Strip malls

3607 Greenville Ave Dallas, TX 75206-5631

7,028 SF 0.26 ac lot Built 1940
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3029794
Property summary
AI-generated overview

This exceptional 850-square-foot retail space is ideally situated at 3607-3613 Greenville Avenue in Dallas, Texas, within the vibrant Dallas County. Currently entirely vacant, this property presents a unique opportunity for a single tenant to establish a thriving business in a high-traffic location. The building's total square footage is 850 square feet, offering ample space for a variety of retail concepts. The property is classified as commercial retail with multiple tenancy capabilities, although the entire space is currently available for lease. Its address is 3607-3613 Greenville Avenue, Dallas, TX 75206, providing excellent visibility and accessibility. The property's location offers significant advantages for businesses seeking exposure to a dense population and high foot traffic. This is a turnkey opportunity for a business looking to establish a strong presence in a desirable Dallas neighborhood. The space is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities of this prime retail location. The property is categorized as commercial retail and is located in a dynamic area of Dallas, offering significant potential for growth and success. The entire 850 square feet is available, making it an attractive proposition for businesses of various sizes. This is a rare opportunity to secure a prominent retail space in a highly sought-after area of Dallas.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1940
Construction TILT-UP CONCRETE
Total area 7,028 SF
Lot 0.26 ac (11,250 SF)
Zoning code Z59
APN 238786000000
UPID US82-3029794
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
  • Exotic Delights Ice Cream Shop
  • Three Egg Muffins (Catering delivery only) Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
$666k
Blend (final) Blend
$505k
Owner & transaction history
Mccreary 544 Shopping Center L · 10 yrs held
Mccreary 544 Shopping Center L
since 2016
7 recorded transactions
2016
Price N/A
2015
Price N/A
2013
Price N/A
2012
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z59 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $820,000 +81.1%
Retail stores $815,000 +80.3%
Medical building $475,000 +5.3%
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