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6365 Great Trinity Forest Way
Dallas, TX 75217

Land For Sale · 0.91 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Hold For Development
  • Hold For Investment
  • Neighbourhood Centre
  • Restaurant
  • Retail Warehouse
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Warehouse
Total Lot Size 0.91 AC
Year Built 1979

Description

Recently reduced. Bring an offer for this unique opportunity to own .9183 Acres directly across from Brand New World Class PGA Trinity Forest Golf Club in South Dallas! Trinity Forest Golf Club is the new home of the PGA AT&T Byron Nelson Golf Tournament (http://www.attbyronnelson.org/). With the PGA Golf Tournament taking place in 2018, the investment and redevelopment opportunities are endless. Although this is a current cash-flow property, the significant value proposition is in the future redevelopment potential. Earn investment income while you hold this property with significant redevelopment potential. Existing Tenant is operating a light automotive service business - an all above ground operation. Current Property Owner pays property taxes and insurance only - Tenant pays all else, including repairs, maintenance and upkeep for entire Property. Annual income from small Clearchannel-owned billboard on front of the Property provides additional revenue stream. Be on the front end of a great area positioned for significant future growth and redevelopment that will very likely occur with a world class golf course directly across South Great Trinity Forest Way. There is very limited commercial property in this immediate area, making this property even more desirable for potential redevelopment. Now is the time to get in, before the entire area is priced up. One of only a few properties with prime redevelopment potential this close in proximity to the new golf course due to most property being city owned or located in a floodplain. 2016 Property Taxes: $1,784.13 Annual Property Insurance: $807.51 Other Non-T&I Expenses: $0 Annual Gross Property Income: $13,632 Annual Net Property Income: $11,040.36 *Please do not enter the Property or contact Tenant *Buyer to verify all information *Owner is Licenses Texas Real Estate Sales Agent

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0062600P000010100
Land Assessment
$51,698
Improvements Assessment
$42,522
Total Assessment
$94,220

zoning

Zoning Code Z46
Z46
  • Listing ID: 9520402

  • Date on Market: 2017-10-11

  • Last Updated:

  • Address: 6365 Great Trinity Forest Way, Dallas, TX 75217

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