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

(2) 5310. REDUCED 5% TO $188,796. 174,318 SF (4.0018 acres). 678 est. frontage including 50 estimated on 2nd Ave. Priced at $1.08 per SF. $37,759 potential owner 2nd loan (20% of sale price) with $203 est. monthly P&I and $35,354 est. balloon payable in 5-years.

(3) 5312 (combined (1) and (2) above) REDUCED 15% TO $211,347. 203.678 SF (4.6758 acres). 1,145 est. frontage including 50 estimated at 2nd Ave. Priced at $1.04 per SF. $42,269 potential owner 2nd loan (20% of sale price) with $227 est. monthly P&I and $39,576 est. balloon payable in 5-years.

HIGHLIGHTS

(4) One of best values in affordable and/or senior housing locations or entrepreneur opportunities in Dallas

(5) 4+ acres, 678 est. frontage including 50 est. frontage on Second Avenue at $1.08 SF

(6) Now with 6% buyer broker commission and potential owner 2nd loan of 20% of sale price at 5% interest

(7) Zoned CR Community Retail for retail and personal service or for office uses

(8) Within 5-minute drive-time, top 3 unmet retail opportunities range from $2.9M+ to $4.0M+ and 3 avg. $3.6M+

(9) Within 5-minute drive-time, $4M limited eating unmet retail demand , $2.9M in electronics/appliances & $2.5M in furniture/furnishings

KEY LINKS

(10) Property website:

(11) Word Press flyer:

(12) Coldwell Banker Commercial Worldwide listing:

(13) LoopNet listing:

(14) Lands of Texas listing with offering X URLs:

(15) Commgate listing:

If any link does not directly connect, just copy and paste the link into your web browser. Feel free to call or email us for technical assistance.

OFFERING

Complete offering narrative PDF in English (US) attached.

The offering is available on request in 58 languages. We will make every effort to accommodate other languages based on availability of translation resources.

6% BUYER BROKER COMMISSION

6% buyer broker commission is payable on this property. A buyer broker does NOT have to accompany their buyer to any showings of the property.

CONTACT INFORMATION

Call 1.979.421.9996 to contact any member of the listing team to set up an appointment, request additional information or answer any questions.

POSSIBLE 20% OWNER SECOND FINANCING

Depending on transaction terms, your qualifications and other factors, the owner may provide a 20% 2nd loan at 5% interest, 30-year amortization with a 5-year balloon. Based on $188,796 sale price, the 20% owner 2nd loan would be $37,759 with a $203 est. monthly payment and est. $35,354 balloon in 5-years. All loan calculations from Bank Rate Monitor.

PROPERTY

(16) Land area. 174,318 SF (4.0018 acres) per Dallas County Appraisal District

(17) Frontage. 678 est. including 50 est. on 2nd AVE

(18) Zoning. CR Community Retail. Retail and personal service; and office uses.

(19) Utilities. All in place on site

(20) 14,270 estimated average daily two-way traffic (ADTT). 2010 CCIM estimate

(21) Topography. Mostly flat at 400 elevation sloping down to 390 to the back and southeast edge of property.

(22) Swale, wooded & low area. Part of the back of the property is in a swale area. The southeast corner of the property is a wooded and low area with approximately 390 elevation. We estimate approximately 0.76 acres in the swale, wooded & low areas.

(23) In City Limits? Yes

(24) School district. Dallas ISD

(25) Legal. Account # 00000783058000000: BLK 7998, TR 53 ACS 4.0018, INT200600448122 DD11302006 CO-DC

(26) 2010 Taxes. $1,853.52

LOCATION

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

(28) 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).

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

RETAIL GAP ANALYSIS

(30) 5-min. drive-time retail demand summary.

(a) Top 3 opportunities. Range from $2.9M+ to $4.0M+ in annual potential revenues (Total $) and 3 avg. $3.6M+.

(b) Top 5 opportunities. Range from $1.8M+ to $4.0M+ in Total $ and avg. $3.0M+.

(c) Top 10 opportunities. Range from $2.9M+ to $4.0M+ in Total $ and avg. $2.1M+.

(31) Top opportunities.

(a) Limited-service eating. $4.0M+ Total $. $397 annually per HH & $136 annually per person.

(b) Electronics & appliances. $2.9M+ Total $. $282 annually per HH & $100 annually per person.

(c) Furniture & home furnishings. $2.5M+ Total $. $252 annually per HH & $89 annually per person.

(d) Clothing & accessories. $1.8M+ Total $. $177 annually per HH & $62 annually per person.

(e) Building materials, garden and supplies. $1.6M+ Total $. $161 annually per HH & $57 annually per person.

DEMOGRAPHICS & ECONOMETRICS

(32) Summary. Appears to be an excellent location for a business/project focused on low income and/or affordable housing initiatives.

(33) Benchmarks. Census Tract, 1-mi. radius, 75210 Zip Code, 5-min. drive-time, City of Dallas, Dallas County, Dallas CBSA, Dallas DMA, Texas & the US.

(34) Immediate Area. Census Tract, 1-mi. radius, 75210 Zip Code and 5-min. drive-time.

(35) Data baselines. All data is 2010 and from CCIM unless otherwise defined. Annual % change calculations are proprietary to CBC Southwest Partners.

(36) Immediate Area vs. ALL Benchmarks.

(a) Highest annual % change in household size

(b) Highest % under 18-years old

(c) Highest % 5-9 unit homes

(d) Highest % unemployment

(e) Highest annual % change in avg. household income

(f) Highest annual % change in avg. per person income

(g) Lowest avg. rent with and without utilities

(h) Highest % under $20K household income

(i) Lowest avg. home values

(j) Highest % under $20K home values

(k) Highest % $20K-$59.9K home values

(l) Lowest median household net worth

(m) Lowest household net worth under $15K

(n) Lowest avg household income

(o) Lowest avg after tax household income

(p) Highest annual % growth in avg household income

(q) Highest annual % growth in avg per person income

(r) Highest annual % growth in $100K+ household incomes

(s) Highest annual % growth in $250K+ household incomes

(t) Highest % under $500 monthly mortgages

(u) Highest % widowed

(v) Highest % residents employed in services

(w) Lowest % vacant homes for sale

(x) Highest % vacant home for legal and other reasons

(37) Zip Code vs. Benchmarks.

(a) 2nd highest avg. household size

(b) Lowest median age

(c) Highest % 10-19 unit homes

(38) 5-min. drive-time vs. Benchmarks.

(a) Highest % over 65-years old

(b) Highest % over 85-years old

(39) Zip Code and 5-min. drive-time vs. Benchmarks.

(a) Highest annual % increase in avg household income

(b) Highest annual % increase in median household income

(40) Definitions.

(a) Census Tract. A Census Tract, census area, or census district is a geographic region defined for the purpose of taking a census. Usually these coincide with the limits of cities, towns or other administrative areas and several tracts commonly exist within a county. In unincorporated areas of the United States these are often arbitrary, except for coinciding with political lines.

(b) CBSA. A Core Based Statistical Area (CBSA) is a an area containing the core urban area, as well as any adjacent counties that have a high degree of social and economic integration (as measured by commuting to work) with the urban core. CBSA is a US Census Bureau definition.

(c) DMA. Simply a Designated Market Area (DMA) is a TV market. Defined by Nielsen they are groups of counties that make up a particular TV market. These counties comprise the major viewing audience for the TV stations in their metropolitan area. It is the broadest regional definition we utilize.

DIRECTIONS

From Scyene Road (TX Highway 352) and Dixon Avenue, it is 0.7 mi. and about 2 min.

(1) Head west/southwest on Dixon Avenue for 0.7 mi.

(2) Immediately before you reach Second Avenue, the property is on your left with a CBC sign.

(3) If you continue to Second Avenue, turn left (south) and the property is on your left with a CBC sign.

From Central Express/Hawn Expressway (US Highway 175) and Second Avenue, it is 1.5 mi. and 3 min.

(1) Head north on Second Avenue for 1.5 miles.

(2) Immediately before Dixon Avenue, it is on your right with a CBC sign.

(3) If you continue to Dixon Avenue, turn right (east north east) and the property is on your right with a CBC sign.

GRAPHIC ANALYSIS

All analysis is based on defined and published sources. Unless otherwise noted, all demographic and econometric data is from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI.

Most annual % change estimates and traffic projections are based on Coldwell Banker Commercial Southwest Partners proprietary models.

There are 2,147 underlying PDF sets. All are available on the property website or on request.

DISCLOSURES & COPYRIGHTS

Coldwell Banker Commercial Southwest Partners is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.