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Property profile & analytics
OFF-MARKET Estimated value $655,000
Retail space

4645 Greenville Ave Dallas, TX 75206-5009

7,500 SF 0.56 ac lot Built 1953
Entity Owned 15-yr Hold Free & Clear
Property ID
US82-3641422
Property summary
AI-generated overview

This exceptional 21,828-square-foot commercial property, located at 4645 Greenville Avenue in Dallas, Texas (zip code 75206), offers a unique blend of retail and office space ideal for a variety of businesses. The building is situated in Dallas County and features a single-tenant occupancy. Recently remodeled, it's perfectly suited for a luxury showroom, boasting three distinct showroom areas designed with a racetrack flow for optimal customer experience. The interior showcases an attractive industrial style with high ceilings, ensuring a spacious and modern feel. Accessibility is ensured through ADA compliance. The property also includes a significant advantage for businesses requiring food preparation or display: three fully functional kitchens with running water. A substantial electrical service is in place to accommodate high-demand operations. Upstairs, newly remodeled office space provides ample room for administrative functions, including a large conference room, perfect for meetings and presentations. The exterior of the building has also undergone recent updates, enhancing its curb appeal and overall presentation. This property presents a rare opportunity to acquire a move-in ready, high-quality commercial space in a prime Dallas location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction TILT-UP CONCRETE
Total area 7,500 SF
Lot 0.56 ac (24,450 SF)
Zoning code Z151
APN 366310000000
UPID US82-3641422
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
  • Oldner Lighting Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$701k
Blend (final) Blend
$655k
Owner & transaction history
Sayah Investments LP · 15 yrs held
Sayah Investments LP
since 2011
3 recorded transactions
2011
Price N/A
2010
Price N/A
2010
Price N/A
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $920,000 +5.6%
Auto repair, garage $875,000 +0.5%
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