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Property profile & analytics
FOR SALE
Retail space

5520 Military Pkwy Dallas, TX 75227

31,450 SF Built 1962
Property ID
US82-0064557
Property summary
AI-generated overview

This 31, 450 sqft. property, situated on 2.2860 acres and spread across 3 well-maintained buildings. Building 1 is 20, 000 sq feet, building 2 is 6, 250 sq feet and building 3 is 5, 200 sq feet. All buildings have been remodeled and updated. The property offers versatility and potential for a variety of uses. Currently serving as a warehouse, furniture manufacturing space, retail center, office suites, and an event center venue, it provides endless possibilities for owner-users or investors. The property is fully climate-controlled, with restrooms in every suite and a city-required fire suppression sprinkler system already installed. It features ample parking within a fully fenced lot, ensuring security and convenience. Accessibility is a highlight, with four entrances on Military Parkway and one on Parkdale Road, along with five loading dock doors to accommodate operational needs. Located just five minutes to I-30, ten minutes to Downtown Dallas and fifteen minutes to Interstates 35E, 75, and 45, the property boasts excellent connectivity. Its adaptable layout offers multiple spaces for leasing or expansion, making it a perfect fit for a wide range of business operations. This well-maintained property, situated on a spacious lot, is ready to meet your commercial needs and presents an outstanding opportunity in the thriving Dallas market. Additional Opportunity: The owner is open to owner financing, making this an even more accessible investment for the right buyer.

Property profile
Verified
Property type Retail space
Year built 1962
Total area 31,450 SF
UPID US82-0064557
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
  • Mill Direct Carpet & Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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