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Property profile & analytics
FOR SALE
Commercial real estate

714 Dallas St Portland, TX 78374

1,080 SF 0.16 ac lot Built 1984
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US83-4131127
Property summary
AI-generated overview

This attractive, mixed-use property at 714 Dallas St, Portland, TX 78374, offers a compelling investment opportunity. The 1,050 square foot, two-story A-frame building, constructed in 1984, sits on a 0.31-acre lot (APN 70831) and boasts a prime location in Portland's newly designated Leisure & Entertainment District. Benefitting from high traffic counts on Moore Avenue and US Highway 181, this property enjoys exceptional visibility. The building features a recently updated concrete parking lot and fresh paint. A 50-foot wide frontage and a metal pole provide ample space for signage. The interior includes a covered exterior space, a display/point-of-sale counter, two drive-up windows, a commercial vent hood, gas fixtures for equipment, compartmentalized sinks, central heat/air, a restroom, and booths and dining space on the first floor. The second floor offers additional storage, office space, or expansion potential, accessible via a private stairwell. A drive-through lane enhances customer convenience. The property is being sold "as is". Nearby amenities include the Bayview Crossing shopping center (under construction), a Farmer's Market, and 5th & Houston venues, all within walking distance. This is an exceptional chance to own a thriving business in a revitalized area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 1,080 SF
Lot 0.16 ac (7,144 SF)
APN 1404-0009-0020-002
UPID US83-4131127
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
  • Augusta Lawn Care of Portland - Landscaping & Irrigation Landscaping 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
Dathan L Faulkner · 6 yrs held
Dathan L Faulkner
since 2019
3 recorded transactions
2019
Price N/A
2011
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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