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    FOR SALE
    Strip malls

    708 Cedar St, Cedar Hill, TX 75104

    1,120 SF 0.05 ac lot Built 1967
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US82-0542810
    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
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Parvin Propertics LLC · 8 yrs held
    Parvin Propertics LLC
    since 2018
    6 recorded transactions
    2018
    2016
    2002
    2000
    2000
    1969
    Zoning & alternative use
    Z217 · Cedar Hill, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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