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Property profile & analytics
OFF-MARKET
Churches & religious facilities

5007 Ivy Ln Dallas, TX 75241

12,747 SF Built 1994
Property ID
US82-4032831
Property summary
AI-generated overview

This exceptional 12,747-square-foot special purpose property, built in 1994, is ideally situated in Dallas, Texas, at 5007 Ivy Ln, 75241. Currently undergoing renovations, this versatile building offers a multitude of uses, including a church, daycare center, event venue, school, or office space. The property boasts two sanctuaries with separate entrances, multiple rooms suitable for classrooms, offices, or boardrooms, and a fully equipped kitchen featuring a gas stove, ample counter space, storage, a refrigerator, and a dining area. A spacious fellowship hall is perfect for dining or celebrations. Restrooms are ADA compliant. The property includes a recently painted parking lot and a significant added benefit: an additional vacant lot across the street (2635 56th Street) is included in the sale, providing ample space for expansion or additional parking. A new roof was installed in 2022, and other interior updates have been completed. The asking price is $1,499,000 ($117.60/sq ft). The total lot size is 43,561 square feet. The property is currently vacant and includes chairs as seen in photos. Showings will be available upon completion of renovations. All property data should be independently verified by the buyer.

Property profile
Verified
Property type Churches & religious facilities
Year built 1994
Total area 12,747 SF
UPID US82-4032831
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
  • New Generation Church Church
  • God's Tabernacle of Deliverance Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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