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Property profile & analytics
FOR SALE
Strip malls

801 W Palestine St Hutchins, TX 75141

4,736 SF 0.53 ac lot Built 1963
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-0524552
Property summary
AI-generated overview

This exceptional retail property at 801 W Palestine St in Hutchins, Texas, presents a compelling investment opportunity. The 6,150 square foot building, completely renovated in 2024, boasts a strong 100% occupancy rate across three tenants operating as a convenience store, QSR/fast food, and restaurant. The property generates a substantial net operating income (NOI) of $150,000, resulting in an attractive 7.00% capitalization rate. Priced at $2,142,000 ($348.29/sq ft), this NNN-leased property offers a diversified tenant mix and significant upside potential. Located in a rapidly growing area of Hutchins, the property benefits from its proximity to major highways (I-45 and I-20), a new Amazon fulfillment center, and the under-construction Southaven residential development (700+ new homes). The area also features a balanced mix of industrial and residential zones, and is served by the Dallas Independent School District. Furthermore, the property's strategic location within the Dallas-Fort Worth Metroplex, approximately 10 miles south of downtown Dallas, and the presence of a new City Hall under construction nearby, contribute to its long-term value and growth prospects. Built in 1968, this property offers a rare combination of established income and significant future growth potential within a thriving community. The property is situated in Dallas County, Texas, zip code 75141.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Construction FRAME
Total area 4,736 SF
Lot 0.53 ac (22,999 SF)
Zoning code Z137
APN 30009500060090200
UPID US82-0524552
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
  • Trinity Tires and Wheels (Bike/Boat/Book/etc) Store Auto Parts Store
  • Hutchins Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Grillo's Bar-B-Que Restaurant
  • Bites N Smilez snow cone shop Restaurant
  • Cute Bites Bakery Specialty Food Shop
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
Sup&ahk LLC · 3 yrs held
Sup&ahk LLC
since 2022
7 recorded transactions
2026
Price N/A
2022
Price N/A
2017
Price N/A
2017
$700,000
2010
Price N/A
2007
Price N/A
2005
Price N/A
Zoning & alternative use
Z137 · Hutchins, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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