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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
  • Neighborhood Center
  • Restaurant
  • Retail Warehouse
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Warehouse
Total Lot Size 0.91 AC
Year Built 1979

Description

Reduced! Bring an offer! A 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 just across Great Trinity Forest Way, the investment and redevelopment opportunities are endless. Although this is a cash-flow property, the huge value is in the hold and redevelopment potential. Buy and hold this property with significant redevelopment potential and earn investment income while you own the property and wait for the redevelopment opportunities. Existing Tenant is operating a light automotive service business - 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. One of only a few properties with prime redevelopment potential this close in proximity to the new golf course due most property being city owned or located in a floodplain. Estimated 2020 Property Taxes: $1,295.79 Annual Property Insurance: $682.51 Other Non-T&I Expenses: $0 Annual Gross Property Income: $14,200 Annual Net Property Income: $12,222 *Please do not enter the Property or contact Tenant *Buyer to verify all information *Owner is Licensed Texas Real Estate Sales Agent and Licensed Texas Attorney

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0062600P000010100
Land Assessment
$36,000
Improvements Assessment
$29,610
Total Assessment
$65,610

zoning

Zoning Code Z46
Z46
  • Listing ID: 20683175

  • Date on Market: 8/19/2020

  • Last Updated:

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

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