501 Kimball Ave Southlake, TX 76092
This exceptional 3.61-acre commercial land parcel presents a unique investment opportunity in the affluent city of Southlake, Texas. Located at 501 N Kimball Ave, 76092, this property boasts excellent visibility and frontage on North Kimball Avenue, a key thoroughfare. The site benefits from its strategic position adjacent to a proposed Drakes Steakhouse, further enhancing its desirability and potential for synergistic development. High traffic counts are a significant advantage, with State Highway 114 registering 155,048 vehicles per day (VPD) and Kimball Avenue itself seeing 13,839 VPD. This ensures substantial exposure for any future development. The property's location within a dense retail corridor in Southlake, a city known for its affluence, promises strong potential for a variety of commercial uses. The substantial lot size offers ample space for a range of development projects, making it an attractive proposition for investors seeking a prime location in a thriving Texas market. This is a rare opportunity to acquire a significant commercial land parcel in a highly desirable area with exceptional visibility and access to major transportation arteries. The property is zoned for commercial use (verification of zoning with local authorities is recommended).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.