Technical
Financial
Distress signals
Property profile

4120 Colonial Ave Dallas, TX 75215

FOR SALE
Gas stations
Property ID
US83-4108756
1,529 SF 0.14 ac lot Built 1950
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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4120 Colonial Ave, Dallas, TX 75215 For Sale
$375,000 1,529 SF
4120 Colonial Ave, Dallas, TX 75215
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Property summary

AI-generated overview

This exceptional 1,529-square-foot flex space, located at 4120 Colonial Ave in Dallas, Texas, presents a unique investment opportunity. The property, classified as Class C industrial, is a single-tenant building situated on one story and zoned for commercial use. Its convenient location in Dallas County offers easy access to major transportation arteries, including Interstate 45 and Highway 175, benefiting from high daily traffic volume exceeding 95,000 vehicles according to TXDot data. The building itself boasts practical features ideal for a variety of businesses. These include two 10x10-foot grade-level doors for convenient loading and unloading, a covered awning for protection from the elements, a dedicated reception area for client interaction, and a private office for administrative tasks. Its proximity to downtown Dallas (within three miles) further enhances its appeal and accessibility. The property's versatility, combined with its strategic location and functional design, makes it an attractive option for entrepreneurs and investors seeking a well-positioned commercial space in a thriving Dallas market. The property is situated in the 75215 zip code.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1950
Construction TILT-UP CONCRETE
Total area 1,529 SF
Lot 0.14 ac (5,925 SF)
Zoning code Z239
APN 162280000000
UPID US83-4108756

Cap rate & NOI

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

Location

4120 Colonial Ave Dallas, TX 75215
Dallas metro Census 20900 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2006
Price N/A

Zoning & alternative use

Z239 · Dallas, 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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