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Property profile & analytics
FOR SALE
Bars & Pubs

6826 Greenville Ave Dallas, TX 75231

7,949 SF 0.58 ac lot Built 1963
Entity Owned 4-yr Hold Free & Clear
Property ID
US82-2857045
Property summary
AI-generated overview

This 12,949-square-foot retail property, located at 6826 Greenville Avenue in Dallas, Texas, presents a unique investment opportunity. Situated on 0.8 acres in a high-traffic area (23,148 vehicles per day in 2022), this vacant property boasts excellent visibility and accessibility. The location is surrounded by established national retailers such as Costco, Whole Foods, and HomeGoods, ensuring high foot traffic and brand recognition. The property features ample parking, with additional adjacent land owned by Oncor offering expansion possibilities. An existing billboard provides additional advertising potential. Convenient access to major thoroughfares, including I-75, Park Lane, and Northwest Highway, further enhances its appeal. The property is zoned for a bar and nightclub, but its size and location offer significant redevelopment potential for a variety of uses. The asking price is $3,500,000, and the lease type is NNN. This is an exceptional opportunity to acquire a prime retail space in a thriving Dallas neighborhood. The property's high visibility, ample parking, and strategic location make it an ideal investment for businesses seeking maximum exposure and growth potential.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1963
Construction TILT-UP CONCRETE
Total area 7,949 SF
Lot 0.58 ac (25,350 SF)
Zoning code Z151
APN 367438000000
UPID US82-2857045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nick Properties INC · 4 yrs held
Nick Properties INC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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