Monday, February 21, 2011

REDUCED TO $1.08 per SF for 4+ ac at 5310 2nd AVE, Now 20% 2nd, PLUS 6% BBC! New Dallas CLOUD LISTING with The Texas Land Man http://wp.me/p1gvH4-3S


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Land For Sale


REDUCED TO $1.08 per SF CLOUD LISTING, 20% 2nd
5310 2nd AVE, Dallas, TX 75210
5310 2nd AVE, Dallas, TX 75210

5310 2nd AVE, Dallas, TX 75210

Price:$188,796
Lot Size:74,318 SF
Property Type:Land
Property Sub-type:Retail (land)
Additional Sub-types:Industrial (land)
Multifamily (land)
Office (land)
Tax ID / APN #:00000783058000000
Zoning Description:CR” Community Retail. Retail and personal service; and office uses
Features:
  • Electricity/Power
  • Water
  • Telephone
  • Cable
  • Last Verified 2/21/2011
    Listing ID 17035153





    1 Lot Available



     
    Lot 1

     Price:$188,796 
     Lot Size:74,318 SF 
     Price/SF:$2.54 
     Lot Type:Retail (land) 
     Commission Split:6% 





    Map of 5310 2nd AVE, Dallas, TX 75210 (Dallas County)


    Find out more about 5310 2nd AVE, Dallas





    Highlights
    ne of best values in affordable and/or senior housing locations or entrepreneur opportunities in Dallas
    4+ acres, 678' est. frontage including 50' est. frontage on Second Avenue at $1.08 SF
    Now with 6% buyer broker commission and potential owner 2nd loan of 20% of sale price at 5% interest
    Zoned CR Community Retail for retail and personal service or for office uses
    Within 5-minute drive-time, top 3 unmet retail opportunities range from $2.9M+ to $4.0M+ and 3 avg. $3.6M+
    Within 5-minute drive-time, $4M limited eating unmet retail demand , $2.9M in electronics/appliances & $2.5M in furniture/furnishings







    Description
    REDUCED TO $1.08 per SF for 4+ ac at 5310 2nd AVE, Now 20% 2nd, PLUS 6% BBC!

    DALLAS TEXAS CLOUD COMMERCIAL LAND LISTING. Our GLOBAL RAINMAKER partner on this listing is Karl Skadowski with The Texas Land Man, Inc. in Katy, Texas.

    Individual tracts reduced 5% and combined offering reduced 15%, now with potential 20% owner 2nd at 5% interest, 30-yr amortization and 5-year balloon. PLUS 6% buyer broker commission!
    LOCATION

    (28) Less than 4 mi. to downtown Dallas.

    (29) Excellent proximity to major highways. Excellent proximity to major highways. Less than 1 mi. to Scyene Road (TX HWY 352), 1.5 mi. to Central Expy and Hawn Frwy, 3 mi to I30 and to I45, and 8 mi. to I20 and the LBJ Freeway (I635).

    (30) Excellent access to downtown and the airport. 4.1 mi. to downtown, 12 mi. to Dallas Love Field and 25 mi. to DFW Intercontinental.






    Debt & Equity Information
    Debt Type Proposed 
    Loan Amount $37,759 
    Interest Rate 5% 
    Amortized Over 30 
    Due In
    Annual Debt Service $2,432 
    Loan Description

    DOQ and other factors, the owner may provide a 20% 2nd loan at 5% interest, 30-year amortization with a 5-year balloon.




    Additional Photos

    0-2nd AVE offering summary

    0-2nd AVE offering summary


    1-2nd AVE offering table

    1-2nd AVE offering table


    5-satellite close-up outline

    5-satellite close-up outline


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    6-satellite close-up shaded


    7-satellite half-mile

    7-satellite half-mile


    8-satellite one-mile

    8-satellite one-mile


    9-satellite two-miles

    9-satellite two-miles


    10-survey

    10-survey


    11-net usable

    11-net usable


    12-zoning close-up

    12-zoning close-up


    14-zoning immediate area

    14-zoning immediate area


    15-traffic map

    15-traffic map


    16-retail gap summary table

    16-retail gap summary table


    17-retail gap top 10

    17-retail gap top 10


    18-retail gap avg top 3 5 & 10

    18-retail gap avg top 3 5 & 10


    19-close-up map

    19-close-up map


    20-1, 3 & 5-mi map

    20-1, 3 & 5-mi map


    21-proximity to downtown

    21-proximity to downtown


    22-area map

    22-area map


    23-area destinations table

    23-area destinations table


    24-collage map

    24-collage map


    25-QR code

    25-QR code



    Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
    The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


     
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