3230 Martin Luther King JrDallas, TX 75210

  • Retail properties
  • 50,142 SF
For Sale

Property Details for 3230 Martin Luther King Jr

Year built
1995
Construction
TILT-UP CONCRETE
Lot size
3.96 AC
Property size (Sq ft)
50,142 SF
Zone code
Z239
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
001379000A0010000
APU
001379000A0010000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,007,945
    6.5%
    $12,930,411
    7%
    $12,006,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,948,734
    Geo Method
    $37,830,272
  • Alternative Use

    Use
    Valuation
    Residential
    $10,907,285
    Hospitality
    $9,991,015
    Educational
    $8,312,407
    Medical
    $8,598,284
    Retail
    $12,930,411
3230 Martin Luther King Jr, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7732
Longitude
-96.7626
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $958,820
  • Assessed land value
    $861,340
  • Assessed value
    $1,820,160
  • Tax year
    2023
  • Tax bill
    $41,769

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