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Property profile & analytics
OFF-MARKET
Strip malls

5408 Grand Ave Dallas, TX 75223-1915

8,400 SF 0.23 ac lot Built 1951
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5577105
Property summary
AI-generated overview

This exceptional 8,500-square-foot retail space is ideally situated on Grand Avenue, presenting a unique opportunity for a single-tenant occupant. The entire building is currently vacant, offering complete flexibility for a new business to customize the space to its exact specifications. The property's substantial size allows for a wide range of retail concepts, from large-format stores to multi-functional spaces. The building's layout is adaptable and can be configured to accommodate various retail needs, including ample space for display, storage, and customer service areas. Its prime location on Grand Avenue ensures high visibility and accessibility, attracting significant foot traffic and potential customers. This presents a rare chance to establish a strong retail presence in a desirable area. The property is offered as a single-tenant space, eliminating the complexities of multi-tenant management. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional retail space offers. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. This is a turnkey opportunity for a business seeking a prominent location and a substantial footprint to establish or expand its operations. The absence of existing tenants allows for complete design freedom and customization to perfectly match the needs of the future occupant. This presents a blank canvas for a successful retail venture. Further information is available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1951
Construction TILT-UP CONCRETE
Total area 8,400 SF
Lot 0.23 ac (10,018 SF)
Zoning code Z248
APN 167290000100
UPID US82-5577105
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
  • byGemGirl (Bike/Boat/Book/etc) Store
  • Grand'a Garage'a Doors'a Co.'a Physician
  • Grand Garage Doors Co. Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jsdn Real Estate Ltd · 9 yrs held
Jsdn Real Estate Ltd
since 2017
4 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z248 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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