500 Buckner Blvd Dallas, TX 75217-4511
Property profile & analytics
500 Buckner Blvd Dallas, TX 75217-4511
- Gas stations
- 1,477 SF
- 1.35 lot acres
Property ID
US82-4528207
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
- Murphy USA / Gas Station
- Leal's Tire Shop / (Bike/Boat/Book/etc) Store / Auto Parts Store
- Doors & Keys / Hardware & Home Improvement / Production Facility
Property Details for 500 Buckner Blvd
- Year built
- 1956
- Construction
- FRAME
- Lot size
- 1.35 lot acres
- Property size
- 1,477 SF
- Zone code
- Z239
- Property type
- Gas stations
- APN
- 006342000E0040000
- APU
- 006342000E0040000
Description
This exceptional investment opportunity presents a brand-new, 2,824-square-foot Murphy USA convenience store and gas station located at a signalized, hard corner intersection in Dallas, Texas. The property sits on a 1.1-acre lot and benefits from a 20-year absolute NNN ground lease commencing December 1, 2023, and expiring December 1, 2043, with four 5-year renewal options. The lease includes attractive 8% rent bumps every five years, ensuring consistent income growth. The property boasts a strong 5.00% cap rate and a substantial net operating income (NOI) of $120,850. The tenant, Murphy USA, is a leading retailer with over $25.45 billion in revenue, providing exceptional creditworthiness through a corporate guarantee. This prime location enjoys high visibility and traffic counts, situated at the intersection of Elam Road (9,400 vehicles per day) and Buckner Boulevard (20,000 vehicles per day). The surrounding area is densely populated, with over 96,000 residents within a three-mile radius, and includes numerous national retailers such as McDonald's, AutoZone, Dollar Tree, Subway, USPS, and Family Dollar. The asking price is $2,417,000, representing a price per square foot of $855.88. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a thriving Dallas market. The property was built in 2023 and currently enjoys 100% occupancy.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.6825
- Latitude
- 32.7202
- 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
$8,367
$264,920
$99,700
$364,620
-
$264,920
$99,700
$364,620
