820 S Carroll Ave

820 S Carroll Ave, Dallas, TX 75223

1,170 SqFtSold

Specification

Address820 S Carroll Ave, Dallas, TX 75223

Size1,170 SqFt

PriceN/A

NOI$46,880

Occupancy100% Empty

Year Built1940

Spaces

SpaceSizePriceTermSpace Use
1 Commercial Building - 4 Single Family Homes - 3 Lots1,170 SF$800,000 ($684/SF)-Retail

Investment Highlights

  • Great Location – Hard Corner
  • Multifamily Site – Great Redevelopment Play
  • 1 Commercial Building – 4 Single Family Homes – 3 Lots

Executive Summary

Great Investment Property with multiple streams of income. 1 commercial building + 4 single-family homes + 3 empty lots. This Prime Location is within walking distance from the Cotton Bowl Stadium, Fair Park, and Deep Ellum.

Property is zoned for Cluster Housing, which allows a potential developer to build 30 rental units.


Property Facts

  • Sale Type Investment
  • Sale Conditions 1031 Exchange, Bulk/Portfolio Sale, Lease Option, Redevelopment Project
  • Property Type Retail
  • Property Subtype Freestanding
  • Building Size 1,170 SF
  • Building Class C
  • Year Built 1940
  • Price Per SF $684
  • Building Height 1 Story
  • Building FAR 0.30
  • Land Acres 0.09 AC
  • Zoning CH
  • Parking 5 Spaces (4.27 Spaces per 1,000 SF Leased)
  • Frontage 58 FT on Carroll Ave
  • Opportunity Zone No
  • Amenities Signalized Intersection
  • Major Tenants Quick Change Artist
  • Industry Professional, Scientific, and Technical Services

Property Taxes

  • Parcel Number 00000139705000000
  • Improvements Assessment $26,190
  • Land Assessment $11,310
  • Total Assessment $37,500

The big money, is not in the buying or selling. But in the waiting.- Jesse Livermore