Updated Sep 11, 2026
R2R Capital Sells 9.34 Acre Development Site In Dallas
1545 West Mockingbird Lane
Building Size
—
Asset Type
Development Site
Closing
Feb 22, 2024
About this deal
AI
The property involved in the transaction is a Development Site spanning 9.34 acres, located at 1545 West Mockingbird Lane in Dallas. The seller of this asset was R2R Capital. The deal was facilitated by brokers Cullen Finnegan & Patrick Hunt from Trinity Southwest Commercial Real Estate, based in the Dallas-Fort Worth metroplex.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 1545 West Mockingbird Lane
- Market: Dallas
- Asset Type: Development Site
- Acres: 9.34
- Seller: R2R Capital
- Brokers: Cullen Finnegan & Patrick Hunt - Trinity Southwest Commercial Real Estate
Trinity Southwest is a commercial real estate brokerage and advisory firm specializing in the sale of various property types across Texas, including Land, Industrial, Office, Retail, Adaptive Reuse, and Income properties.
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Development Site
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93