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Commercial Land With Existing Buildings
For Sale
$1,300,000

3120 Al Lipscomb Way, Dallas, TX 75215

CommercialSale, Dallas, TX

Property SizeContact for details
Lot Size0.78 Acres
Days on Market142

Property Features for 3120 Al Lipscomb Way

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description PD 595 South Dallas Fair Park Special Purpose District
Subdivision Bomars Grand Ave
Directions The is located 1-quarter mile from Dallas Fair Park on Al Lipscomb Way and Medill St.
Standard status Active
APN 00000149896000000
Lot size 0.78 Acres

Taxes and HOA fees

Tax Description BOMARS GRAND AVENUE BLK B/1347 LTS 1, 2, 4, P
Tax Annual Amount 14130
Legal Description BOMARS GRAND AVENUE BLK B/1347 LTS 1, 2, 4, P

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1935
Floors in Building 1
Number of units 1
Flooring type Combination
Building materials Brick, Block
Roof type Asphalt
Listing Agency: United Real Estate Frisco
Listed By: Marcus Nelson
Added: Jun 2 Changed: Oct 18 Last Checked: Oct 21 at 9:06PM
MLS# 20617628

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This approximately 0.775-acre commercial land holding includes two existing buildings totaling approximately 10,735 square feet. The improvements were built in 1935 and feature brick and block construction, combination flooring, asphalt roofing, public water, and public sewer. Approximately 150 feet of frontage along Al Lipscomb Way adds a substantial street-facing presence for future planning and site access considerations.

The property is at 3120 Al Lipscomb Way in Dallas, approximately two miles from Downtown Dallas. Interstate 30 and Interstate 45 are nearby, with Fair Park, the Cotton Bowl, the African American Museum of Dallas, Martin Luther King Jr. Branch Library, Deep Ellum, and the Cedars also identified in the surrounding context. Existing buildings and site area provide a base for redevelopment or adaptive reuse, subject to applicable zoning and approvals.

Key Highlights

  • Approximately 0.775‑acre commercial land site
  • Two existing buildings totaling approximately 10,735 square feet
  • Approximately 150 feet of frontage along Al Lipscomb Way

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby
108k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 32% Groceries 23% Apparel 2%
Fiesta Mart Groceries
24,408 visits/mo 0.3 miles
McDonald's Dining
22,715 visits/mo 0.1 miles
Jack in the Box Dining
14,108 visits/mo 0.1 miles
Bank of America Shops & Services
9,166 visits/mo 0.2 miles
Golden Chick Dining
9,019 visits/mo 0.1 miles

Demographics for 75215, TX

18,806
Population
8,481
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
73%
High-School Grad
7.7 sq mi
ZIP Area
2,442
Density / Sq Mi
$41,388
Median Household Income
$34,114
Median Earnings
$1,209
Median Rent
$137,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Existing structures and public utilities support redevelopment or adaptive reuse, subject to applicable approvals.
Where is this commercial land located?
The property is located at 3120 Al Lipscomb Way Dallas, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Approximately 0.775‑acre commercial land site; Two existing buildings totaling approximately 10,735 square feet; Approximately 150 feet of frontage along Al Lipscomb Way
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