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$999,999

2662 Lombardy Ln, Dallas, TX, 75220

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,000 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1977

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating Floor/WallHeating Floor/Wall
FlooringConcrete

Exterior

Lot Size16,835 sqft

Building Information

Year Built2013
Stories1

Land Information

APN00000601036000000
SubdivisionAbsolom Smith Survey Abstract #1347
Land UseIndustrial
Legal DescriptionBLK 6477 TR 6 ACS 0.3864 79X213.1 LOMBARDY & SPARKMAN INT202500099501 DD05122025 CO-DC 6477 000 00600 1006477 000
Census Tract009900
Assessed Land Value$101,010
Assessed Improvement Value$382,660
Assessment Year2025

About this property

An exceptional opportunity to own a versatile industrial property in a prime location, currently operating as a tire shop and auto body repair business. This property includes two separate buildings, offering a range of possibilities for automotive or other industrial uses. Property Highlights: Dual Buildings: Two buildings included in the sale, each featuring dedicated office spaces for seamless operations. Front building is 3000sf and back building 1665sf. Ample Parking: Generous parking area suitable for customers, employees, and vehicle storage. Established Use: Currently configured for a tire shop and auto body repair services, with the infrastructure in place for similar businesses. Strategic Location: High-visibility location with easy access to major roads and highways, ensuring traffic and excellent accessibility for customers. Zoning Flexibility: Ideal for automotive services, industrial workshops, or conversion to other industrial or commercial uses. Don’t miss this chance to acquire a fully equipped, high-visibility property perfect for growing your business or diversifying your investment portfolio. Contact us today for more details or to arrange a viewing!

Investor Tools

Property Icon
$483,670
Estimated Property Value
$215,000Estimated Mortgage Balance
$342,666Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,515
$483,670
2025
$101,010
$382,660
$483,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,515
$483,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Benjamin Padilla
Commercial
$215,000
No
First
Sep 9, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,004
$342,666
70%
29%
$1,290/mo

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2662 Lombardy Ln | Property Details | No Agent List