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    OFF-MARKET Estimated value $740,000
    Strip malls

    511 Cp Wisdom Rd, Duncanville, TX 75116-2755

    24,150 SF 1.87 ac lot Built 1962
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US82-5843110
    Property summary
    AI-generated overview

    This exceptional 24,150 square foot, single-story retail and restaurant property, located in the thriving Duncanville submarket of Dallas Fort Worth, presents a unique investment opportunity. Built in 1962 and extensively renovated in 2023, the Class C building sits on a 1.87-acre lot and features 79 parking spaces. The property is comprised of two suites, offering flexible tenancy options. A minimum of 1,000 square feet is divisible, with a maximum contiguous space of 8,500 square feet currently available as a cold dark shell. This 8,500 square foot space is a former restaurant with existing hood and grease trap infrastructure. The property boasts a 1.04 load factor and currently has 13,000 square feet of vacant space. The zoning is Commercial Retail, allowing for diverse uses. The property's address is conveniently located near Camp Wisdom Road. Property taxes are $1.10 per square foot. The APN is 221313700A0010000. Depending on lease terms, the landlord is willing to contribute up to $25.00 per square foot for tenant improvements on the 8,500 square foot space. This central Duncanville location offers significant potential for a variety of businesses.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1962
    Construction TILT-UP CONCRETE
    Total area 24,150 SF
    Lot 1.87 ac (81,414 SF)
    APN 221313700A0010000
    UPID US82-5843110
    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
    • Altima Auto Insurance Insurance Agency
    • Panaderia Tejupilco Bakery Specialty Food Shop
    • Sarita's Salon & Spa LLC Hair Salon Nail Salon
    • Anghy Franco stylist Hair Salon
    • The Snow Cone Counter Bakery Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $830k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $648k
    Blend (final) Blend
    $740k
    Owner & transaction history
    DOLANI INVESTMENTS LLC
    DOLANI INVESTMENTS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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