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    219 Sunset Ave Dallas, TX 75208

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    For Sale
    Contact for pricing

    Value-add opportunity in Dallas's Bishop Arts District.

    Property size:
    17,780 SF
    Lot size:
    0.88 Acres

    Property Features for 219 Sunset Ave

    General Information

    Size
    17,780 SF
    Lot size
    0.88 Acres

    Source: Davidson Bogel Real Estate Agent Cameron Deptula

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bishop Arts District Opportunity

    Located in the Bishop Arts District of Dallas, Texas, at 219 Sunset, this service-oriented center presents a rare opportunity. The property, situated just north of W. Jefferson Boulevard, features 17,780 square feet of improvements on over 0.88 acres of land. This urban core location offers significant upside through redevelopment or rental rate adjustments upon lease expiration. The existing tenants fully reimburse NNN expenses, providing new ownership with the potential to increase rents to market rates. Current average rates are $15.50 per square foot, while market rates are in the mid $20s plus NNN, with projected future growth. The surrounding area has approximately 152,860 to 373,786 residents within a 3 and 5-mile radius, along with 4,786 and 16,818 businesses employing 69,582 and 291,129 people within the same radii.
    Insight Report Location Intelligence

    Current Use by Public Records

    Prism Health North ... Medical Clinic First Step Counseling Counselor Mary Roff Mclaud Nurse Practitioner SMART Recovery Oak ... Support Group Dr. Jason Gillman Infectious Disease Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8255618
    Latitude
    32.744416

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    FAQs

    What type of property is this?
    Office building - Value-add opportunity in Dallas's Bishop Arts District.
    Where is this office building located?
    The property is located at 219 Sunset Ave Dallas, TX.
    What are key features of this property?
    This property features: - Trophy infill location in the Bishop Arts District of Dallas, a highly desirable urban area.; - Significant value-add opportunity through redevelopment or rental rate increases.; - Substantially below-market rental rates ($15.50 PSF vs. mid $20's + NNN) offering considerable upside potential.
    (214) 526-3626
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    Dallas, TX 75208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 Sunset Ave Dallas, TX 75208
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