4860 Harry Hines Blvd Dallas, TX 75235-7717
Property profile & analytics
4860 Harry Hines Blvd Dallas, TX 75235-7717
- Commercial land
- 1.36 lot acres
Property ID
US82-9956915
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 4860 Harry Hines Blvd
- Lot size
- 1.36 lot acres
- Property type
- Commercial land
- APN
- 005745000001C0000
- APU
- 005745000001C0000
Description
This exceptional investment opportunity presents a thriving Chick-fil-A restaurant in Dallas, Texas. Located at 4860 Harry Hines Blvd, in the heart of the medical district, this Class A, 5,399 square foot property boasts a strong 100% occupancy rate under an absolute NNN lease with a substantial 14.6 years remaining until July 1st, 2039. The property features built-in rent bumps, ensuring consistent income growth. The current asking price is $5,194,805, representing a compelling 3.85% cap rate and a price per square foot of $962.18. The annual net operating income (NOI) is $200,000. This single-tenant, QSR investment benefits from a ground lease with 15 years remaining. The property's prime location within the medical district, surrounded by mixed-use developments, offices, apartments, and hospitals, ensures high visibility and a substantial daytime population exceeding half a million people within a 5-mile radius. Excellent demographics further enhance the investment's appeal, with average annual household incomes exceeding $130,400 within the same 5-mile radius. The property's proximity to other established businesses like 7-Eleven and Panera Bread adds to its strategic advantage, placing it just outside Uptown and Downtown Dallas. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a prime Dallas location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $560,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.833
- Latitude
- 32.8093
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,167
$2,229,710
$0.00
$2,229,710
-
$2,229,710
$0.00
$2,229,710
