8787 PARK LANE, DALLAS, TX 75231

Homes for sale in Dallas.

Homes for sale in 75231.


8787 Park Lane

Dallas, TX 75231

Status of the property has changed, please contact for details

List Price$2,500,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20795505

117,141

Square Feet

100

Number of Units

Commercial

Type

About This Property

Dallas Equestrian Center (DEC) A unique and profitable opportunity awaits with the sale of the Dallas Equestrian Center (DEC), the largest and most prestigious equestrian facility in North Texas. Located in the heart of North Dallas near Southern Methodist University (SMU) and NorthPark Center, this prime location offers unparalleled access to some of the city's most affluent neighborhoods! The facility is also home to the nationally recognized SMU Equestrian Team, NEIA National Champions in 2022 and 2023, further elevating its reputation. DEC features: * 100+ horse stalls * Three covered arenas * An extra-large outdoor competition arena * Two outdoor jumping and riding fields Business Opportunity: This profitable equestrian facility operates under a 26-year long-term ground lease with multiple revenue streams: * Boarding and stall leasing (including a long-term lease with SMU). * A highly successful lessons program with loyal clientele. * Opportunities for expansion or diversification, such as adding event spaces or complementary businesses. Sale Includes: * Structures, footing, equipment, and assets, including lesson horses. * Current owner invested over $2 million in improvements to facilities, footing, equipment and lesson horses. * Significant tax benefits, including depreciation The flexibility of this facility allows buyers to maintain and grow the current programs or reimagine the space entirely. Modifications such as converting arenas into a wedding venue or adding other business elements are all possible. Why DEC? DEC offers the amenities of a large-scale, full-service equestrian center while retaining the personal touch of in-house trainers and individualized boarding programs. Conveniently located just minutes from downtown Dallas, this is unparalleled opportunity for equestrian enthusiasts, investors, or entrepreneurs to make their mark in the heart of North Texas Serious inquiries only.

Property Features

Location Information

County

Dallas

Subdivision

SCOTTY'S GOLF PAR

Interior Features

Has Fireplace

No

Tenant Pays

All Utilities

Heating

Wall Furnace

Total Number of Units

100

Cooling

Wall Unit(s)

Accessibility

Accessible Approach with Ramp, Accessible Entrance

Floors

Concrete

Exterior Features

Construction

Metal Siding

Lot Size in Acres

8.534

Foundation

Slab

Lot Size in Sq. Ft.

371,741

Roof

Metal

Possible Best Use

Other

Water / Sewer

Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Zoning

Zoned for horses and horseback riding facility.

Utilities

Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

117,141

Security System

Security Lights, Security Service

Road Description

City Street, Asphalt

Parking Description

Additional Parking, Driveway

Is One Story

No

Lot Description

Acreage

Lot Description

Acreage

Additional Information

Year Built Details

Preowned

Community Features

Curbs, Sidewalks

Property Type

COM

Documents Available

Aerial

Property SubType

Business

Lease Terms

Other

Year Built

2000

Lot Acres Source

Public Records

Status

Pending

Similar Listings

Mortgage Calculator

$11,674

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$9,008

Monthly Tax

$2,083

Monthly Insurance

$583

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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