Fantastic 10% cap rate investment opportunity anchored by a well-established long term restaurant tenant and recently negotiated new lease. INVESTMENT OPPORTUNITY near the Bishop Arts District. Exceptional investment opportunity in the heart of one of the city's most charming & historic areas. The area attracts locals and tourists, ensuring consistent foot traffic and visibility. This popular dining spot is a staple in the Vegan community. The neighborhood is experiencing continued growth and revitalization, with new businesses and developments enhancing property values and attracting more visitors. Capitalize on the prime location, popularity, and charm of the neighborhood that continues to attract a diverse and affluent demographic. Take advantage of the area's ongoing growth and development potential for future appreciation. This is a rare opportunity to invest in a property that combines historic charm with modern amenities and a stable, long-term income stream.
Location Location Location !! Corner Lot of S Zang Blvd and W Suffolk right next to I 35 !! 4 Lots .689 Acres Value is in the Land Please do not disturb Tenant. Great Location !!! Zoning should be confirmed with the City of Dallas
The median home value in Dallas, TX is $295,100. This is lower than the county median home value of $302,600. The national median home value is $338,100. The average price of homes sold in Dallas, TX is $295,100. Approximately 37.21% of Dallas homes are owned, compared to 52.6% rented, while 10.19% are vacant. Dallas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dallas real estate agent to arrange a tour today!
Dallas, Texas 75208 has a population of 1,300,239. Dallas 75208 is less family-centric than the surrounding county with 26.26% of the households containing married families with children. The county average for households married with children is 32.82%.
The median household income in Dallas, Texas 75208 is $58,231. The median household income for the surrounding county is $65,011 compared to the national median of $69,021. The median age of people living in Dallas 75208 is 33.1 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 35.5 degrees. The average rainfall is approximately 39.1 inches per year, with 1.2 inches of snow per year.