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Property profile & analytics
OFF-MARKET Estimated value $630,000
Strip malls

3615 Belt Line Rd Sunnyvale, TX 75182-9221

10,640 SF 1.15 ac lot Built 2016
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US83-0104900
Property summary
AI-generated overview

This exceptional 3,000 square foot end-cap space is available for lease in a vibrant Sunnyvale, Texas location at 3615 North Belt Line Road, situated on the corner of North Belt Line Road and Town East Boulevard. The single-story, 10,640 square foot building, constructed in 2016, offers a convenient and highly visible location with excellent access and high traffic counts. North Belt Line Road boasts approximately 24,436 vehicles daily. The property features 59 total parking spaces and sits on 1.14 acres of land, zoned for commercial use. This space is part of a multi-tenant building, with existing tenants including a fitness center and a cardiology/internal medicine clinic, alongside nearby amenities such as CVS, spas, restaurants, and other offices. The property benefits from its proximity to Town East Mall and Interstate 635, within a 5-minute drive. The surrounding area demonstrates strong retail performance, with approximately $9,352,126,000 in total retail sales reported within a 15-minute radius. This location provides a strategic advantage for businesses seeking high visibility and convenient access to a thriving community. The property is classified as both medical office and traditional office space, offering flexibility for various business needs. The maximum contiguous space available is 3,000 square feet.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2016
Construction FRAME
Total area 10,640 SF
Lot 1.15 ac (50,007 SF)
Zoning code Z87
APN 52007290010010000
UPID US83-0104900
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$737k
Blend (final) Blend
$630k
Owner & transaction history
Kenock INC · 17 yrs held
Kenock INC
since 2009
3 recorded transactions
2020
Price N/A
2009
Price N/A
2006
Price N/A
Zoning & alternative use
Z87 · Sunnyvale, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.0M +95.2%
Retail stores $855,000 +59.3%
Medical building $850,000 +58.7%
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