8787 PARK LANE, DALLAS, TX 75231
Homes for sale in Dallas.
Homes for sale in 75231.
8787 Park Lane
Dallas, TX 75231
List Price$2,500,000
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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