5607 Bell Ave
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5607 Bell Ave
3,317 SF 100% Leased Office Building Dallas, TX 75206 For Sale
Investment Highlights
- Location: Situated in Lower Greenville, a vibrant and sought-after area known for its eclectic mix of dining, entertainment, and cultural amenities
- Tenant Flexibility: With month-to-month tenants in place, new owners have the flexibility to adjust rental rates or pursue other leasing strategies.
- Strong Rental Market: Lower Greenville’s popularity and growth prospects ensure high demand for rental properties
- Unit Size: Each of the three units offers a generous 1,200 square feet of living space, 2 bed 2 bath units designed to maximize comfort and functional
- Value-Add Opportunity: The current rental rates are under market value, presenting a significant opportunity for new ownership to increase revenue
- Appreciation Potential: The property’s prime location in Lower Greenville is poised for continued appreciation
Executive Summary
This exceptional Tri-Plex, located in the highly desirable Lower Greenville neighborhood, presents a prime investment opportunity. Each of the three units boasts a spacious 1,200 square feet, providing comfortable and stylish living spaces for tenants. The property currently has month-to-month tenants, offering flexibility for future leasing strategies and potential rent adjustments.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,317 SF
Building Class
C
Year Built
1983
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,800 SF
Slab To Slab
9’
Building FAR
0.54
Lot Size
0.14 AC
Zoning
CR - Commercial
Parking
8 Spaces (2.22 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 00000191581000000 | Improvements Assessment | $135,880 CAD |
| Land Assessment | $445,671 CAD | Total Assessment | $581,552 CAD |
PROPERTY TAXES
Parcel Number
00000191581000000
Land Assessment
$445,671 CAD
Improvements Assessment
$135,880 CAD
Total Assessment
$581,552 CAD
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5607 Bell Ave
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