Property profile

4460 Belt Line Rd Addison, TX 75001

OFF-MARKET
Turn key restaurants
Property ID
US82-9303116
6,250 SF 1.17 ac lot Built 1991
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding restaurant building, located at 4460 Belt Line Road in Addison, Texas, presents a unique investment opportunity. The property boasts 5,844 square feet of interior space and a substantial 1,150-square-foot patio (including 680 square feet of covered area). Currently in shell condition, this allows for complete customization to suit a variety of restaurant concepts. The 1.17-acre lot (50,902 square feet) provides ample space, complemented by 97 parking spaces (a 16/1000 ratio). Key features include a grease trap and walk-in cooler/freezer, already in place. Benefitting from high visibility with Belt Line Road frontage, the property enjoys a prime location between Chuy's and Chili's, ensuring excellent exposure and foot traffic. Convenient access to the Dallas North Tollway further enhances its appeal. The asking price is $2,350,000, translating to $402.12 per square foot. This property offers significant potential for a discerning investor seeking a high-impact restaurant location in a thriving area of Addison. The zip code is 75001, and the property is situated in Dallas County.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Construction FRAME
Total area 6,250 SF
Lot 1.17 ac (50,922 SF)
APN 100026600001R0000
UPID US82-9303116

Cap rate & NOI

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

Location

4460 Belt Line Rd Addison, TX 75001-4513
Addison metro Census 13806 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2021
2 recorded transactions
2022
Price N/A
2021
Price N/A

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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