Property profile

7530 E Grand Ave Dallas, TX 75214

FOR LEASE
Commercial land
Property ID
US82-4677832
5,144 SF 0.59 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10,160 square foot retail and restaurant opportunity is situated in the highly desirable Lakewood neighborhood of Dallas County. Located beneath a new luxury multifamily development, this property offers four available suites ranging from 1,020 to 4,500 contiguous square feet, perfect for a variety of commercial uses. A standout feature is a 1,020 square foot jewel box space ideally suited for a restaurant at the development's entrance. Another key highlight is a freestanding restaurant space offering up to 3,480 square feet, with an optional 1,160 square foot mezzanine. A larger 4,500 square foot restaurant space is also available, complete with a substantial 3,345 square foot patio. This space can be subdivided to accommodate smaller tenants. The property boasts exclusive parking for tenants and benefits from a prime location with direct access to the Santa Fe Hike & Bike Trail and East Grand Avenue, a major thoroughfare with over 22,441 vehicles per day. Lakewood's strong community associations and prestigious reputation, combined with its high-demographic neighborhoods, make this a truly exceptional investment opportunity. The property's visibility and convenient access ensure high foot traffic and excellent exposure for businesses. This is a rare chance to establish a presence in one of Dallas' most sought-after areas.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,144 SF
Lot 0.59 ac (25,918 SF)
Zoning code Z149
APN 0000022670500HS00
UPID US82-4677832

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Gym & Fitness Center

Location

7530 E Grand Ave Dallas, TX 75214
Dallas metro Census 1202 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

Zoning & alternative use

Z149 · Dallas, 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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