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2652 Cedar Crest Blvd 1,540 SF Retail Building Dallas, TX 75203 $475,000 ($308.44/SF) 8.18% Cap Rate
INVESTMENT HIGHLIGHTS
- NS zoning supports diverse uses: retail, office, and personal services
- Near vibrant Cedars and residential areas, driving consistent foot traffic
- Robust local incomes within 5 miles support viable business operations
- High-traffic corridor ensures strong customer exposure and accessibility
- Fully built dual-suite structure, ready for immediate occupancy or leasing
- Dense population in broader community for consistent customer engagement
EXECUTIVE SUMMARY
Prime urban location with high visibility at bustling Cedar Crest intersection. Convenient access to major Dallas thoroughfares for connectivity. Each suite is expected to lease for around $1,950 per month (+E) and the fenced area would command around $9,000 per year.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,540 SF
Building Class
C
Year Built
2003
Price
$475,000
Price Per SF
$308.44
Cap Rate
8.18%
NOI
$38,870
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.56 AC
Zoning
NS - Neighborhood Services
Frontage
110’ on Cedar Crest Boulevard
AMENITIES
- Fenced Lot
- Signage
PROPERTY TAXES
| Parcel Number | 00000456238000000 | Total Assessment | $202,500 |
| Land Assessment | $121,040 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $81,460 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
00000456238000000
Land Assessment
$121,040
Improvements Assessment
$81,460
Total Assessment
$202,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
CONTACTS
-
Scott Bumpas -
Michael Hamer -
Christopher Duncan -
Briggs Freeman Sotheby's International Realty
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