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3230 Martin Luther King Junior Blvd, Dallas, TX

Rare infill land play in the heart of Fair Park.

Property Size50,142 SF
Lot Size4.06 Acres
Price / SF$119.66
Days on Market565

Property Features for 3230 Martin Luther King Junior Blvd

General Information

Standard status Active
Size 50,142 SF
Lot size 4.06 Acres
Property subtype RETAIL
Listing Agency: Davidson Bogel Real Estate
Listed By: Cameron Deptula
Source: Moodyscre
Added: Feb 19, 2025 Changed: Aug 11 Last Checked: Sep 6 at 11:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davidson Bogel Real Estate

Investment Insights

Based on property information with market context.

This property presents a rare infill land opportunity primed for immediate redevelopment. It is located in the core of Dallas, in the heart of Fair Park, positioned on Martin Luther King Junior Boulevard, the primary commercial corridor in the market. The property offers tremendous upside potential through repositioning and/or redevelopment, with below-market rental rates. The location benefits from a substantial residential and business presence, with 96,893 to 320,723 residents and 10,236 to 23,249 businesses within a 3 and 5 mile radius, respectively. The property encompasses 50,142 square feet and also presents future pad site opportunities along Martin Luther King Junior Boulevard.

Key Highlights

  • Rare infill covered land play primed for immediate redevelopment.
  • Located in the core of Dallas, in the heart of Fair Park.
  • Tremendous upside potential through repositioning and/or redevelopment.

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

4,271
Businesses Nearby
292k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 18% Groceries 15% Beauty & Spa 3%
McDonald's Dining
29,587 visits/mo 0.5 miles
Kroger Groceries
25,391 visits/mo 0.1 miles
Total Wine & More Groceries
18,476 visits/mo 0.3 miles
La La Land Kind Cafe Dining
18,415 visits/mo 0.3 miles
Pappadeaux Seafood Kitchen Dining
17,337 visits/mo 0.4 miles

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Rare infill land play in the heart of Fair Park.
Where is this shopping center located?
The property is located at 3230 Martin Luther King Junior Blvd Dallas, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Rare infill covered land play primed for immediate redevelopment.; Located in the core of Dallas, in the heart of Fair Park.; Tremendous upside potential through repositioning and/or redevelopment.
(214) 526-3626 Call to check price and availability
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