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Property profile & analytics
OFF-MARKET Estimated value $545,000
Turn key restaurants

9069 Vantage Pt Dr Dallas, TX 75243-3581

7,698 SF 1.9 ac lot Built 1993
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-0239431
Property summary
AI-generated overview

This exceptional 7,698-square-foot, vacant restaurant building presents a unique investment opportunity in Dallas, Texas. Previously occupied by a Red Lobster, this second-generation space offers a turnkey solution for a quick-service restaurant (QSR) or similar concept. Built in 2012, the property boasts a covered patio, a fully functional vent hood, and grease trap, significantly reducing start-up costs for prospective tenants. Situated on a sizable 1.90-acre lot (approximately 82,677 square feet), the property provides ample private parking for customers and employees. The building benefits from excellent visibility due to its large pylon sign and strategic location on a heavily trafficked thoroughfare directly off I-635 Service Road. The property is zoned as Mixed Use District 3, offering flexibility for various commercial uses. Its proximity to major employers like Texas Instruments, Richland College, and Medical City ensures a robust customer base. The asking price is $2,500,000, translating to $275 per square foot. This is a rare opportunity to acquire a well-located, fully equipped restaurant building in a high-growth area of Dallas.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Construction FRAME
Total area 7,698 SF
Lot 1.9 ac (82,677 SF)
Zoning code Z151
APN 008408000C02A0000
UPID US82-0239431
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
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$604k
Blend (final) Blend
$545k
Owner & transaction history
9069 Vantage Point Drive Owner LLC · 2 yrs held
9069 Vantage Point Drive Owner LLC
since 2023
3 recorded transactions
2023
Price N/A
2016
Price N/A
2015
Price N/A
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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