Property profile

708 Cedar St Cedar Hill, TX 75104

FOR SALE
Strip malls
Property ID
US82-0542810
1,120 SF 0.05 ac lot Built 1967
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 517-square-foot commercial space is ideally situated in the heart of Cedar Hill's downtown square at 708 Cedar St, zip code 75104, Dallas County, Texas. Currently configured as a single-tenant space, this property offers versatile potential for either retail or traditional office use. The space may require tenant improvements to meet specific needs, and depending on lease terms, tenant improvement allowances are negotiable. This presents a unique opportunity to customize the space to perfectly suit your business requirements. The building enjoys a prime location directly across from the vibrant Jim Lakes Downtown Cedar Hill Project, ensuring high visibility and foot traffic. The surrounding area boasts a thriving mix of retail establishments, restaurants, and other office spaces, creating a dynamic and convenient environment for your business. This property is ready for immediate occupancy and offers a chance to establish a presence in a rapidly growing and desirable Texas community. The property is classified as Retail and Office, with a Traditional Office subtype.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1967
Construction TILT-UP CONCRETE
Total area 1,120 SF
Lot 0.05 ac (2,235 SF)
Zoning code Z217
APN 160215000003R0000
UPID US82-0542810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

708 Cedar St Cedar Hill, TX 75104
Cedar Hill metro Census 16524 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2016
Price N/A
2002
Price N/A
2000
Price N/A
2000
Price N/A
1969
Price N/A

Zoning & alternative use

Z217 · Cedar Hill, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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