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8499 Greenville Ave
Dallas, TX 75231
Royal Green Plaza · Retail Property For Sale
Investment Highlights
- Lake Highlands Submarket of Dallas with High Barriers to Entry & Densely Populated
- 50.09% Occupied with Substantial Upside Potential in Leasing Vacancies with Existing In-Place Cash Flow
- 8.26% Pro Forma Cap Rate at List Price
- 19,974 SF Signalized Hard Corner Value Add Retail, Office & Medical Office Asset
- Priced Significantly Below Replace Cost at $217.79 PSF
- Urban High Profile Location at Greenville Avenue & Royal Lane Intersection Experiencing Combined 48,700+ VPD
Property Facts
Property Type
Retail
Property Subtype
Building Size
19,974 SF
Building Class
B
Year Built
1983
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.92 AC
Zoning
Z46 - F10- Commercial/Office Building
Frontage
Amenities
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 0075220B000010000 | Improvements Assessment | $2,923,510 |
| Land Assessment | $642,950 | Total Assessment | $3,566,460 |
Property Taxes
Parcel Number
0075220B000010000
Land Assessment
$642,950
Improvements Assessment
$2,923,510
Total Assessment
$3,566,460
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