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2309 Mountain Lake Road

Dallas, TX 75224
  • $250,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 20164323
UPDATED: 49 min ago
$250,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:

School Ratings & Info

Offered by Manuel Garcia of Rogers Healy And Associates: One.

Description

Calling all investors! This is an amazing Value-add property in the heart of Oak Cliff. This retail space was used and operated as a barbershop but can be used for many other purposes. The storefront is located right next to the crossroads of Hampton Rd and Illinois Ave receiving over 40,000 VPD. This is arguably one of the most traffic areas in all of oak cliff. This property is currently not leased, but lease comps suggest this is a 7.7% - 8.0% Pro Forma Cap rate.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pool Realty Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Pool Realty Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-09-29T14:43:34.71.
www.poolrealtygroup.com/homes/133098311
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2309 Mountain Lake Road Dallas, TX 75224

  • Price: $250,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 49 min ago
  • MLS #: 20164323
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1957
Built
Neighborhood:
Avalon Heights
County:
Dallas
Area:
Dallas
Property Description
Calling all investors! This is an amazing Value-add property in the heart of Oak Cliff. This retail space was used and operated as a barbershop but can be used for many other purposes. The storefront is located right next to the crossroads of Hampton Rd and Illinois Ave receiving over 40,000 VPD. This is arguably one of the most traffic areas in all of oak cliff. This property is currently not leased, but lease comps suggest this is a 7.7% - 8.0% Pro Forma Cap rate.
Exterior Features

Construction Block Foundation Slab Lot Size Source Assessor Parking Or Garage Unassigned Road Frontage Type City Street Roof Metal

Interior Features

Accessibility Features Accessible Approach With Ramp Ceiling Height Other Cooling Central Air Flooring Ceramic TileWood Handicap YN Yes Heating Central Kitchen Equipment 214-368-4663 Sq Ft Gross 2613

Property Features

Building Area Source Assessor Building Area Total 1350.00 Building Use Beauty/BarberRetail Construction Status Preowned Exclusions Barber Chairs And Mirrors Gross Annual Expenses 0.00 Gross Annual Income 0.00 List MLSProvider Metrotex Association Of Realtors Multi Zoning No Municipal Utility District No Net Operation Income 0 Owner Pays All UtilitiesTaxes Possession Closing/Funding Property Type Retail Special Notes Aerial Photo Tenant Pays None Transaction Includes Land & Improvements Unexempt Taxes 1710 Utilities City SewerCity WaterCo-Op Electric Will Subdivide No Zoning Community Retail

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pool Realty Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Pool Realty Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-09-29T14:43:34.71.
 
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Pool Realty Group
6606 FM 1488, Suite 148-358
Magnolia TX, 77354
Offered by Manuel Garcia of Rogers Healy And Associates: One.