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Dallas Urban Core Opportunity Zone
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3237 Al Lipscomb Way, Dallas, TX 75210

11.47 AC portfolio in the heart of Dallas.

Property Size72,467 SF
Lot Size11.47 Acres
Days on Market967

Property Features for 3237 Al Lipscomb Way

General Information

Standard status Active
Size 72,467 SF
Lot size 11.47 Acres
Property subtype Land
Listing Agency: Davidson & Bogel Real Estate LLC
Listed By: Cameron Deptula · License #TX 622382
Source: Crexi
Added: Jan 12, 2024 Changed: Aug 23 Last Checked: Sep 3 at 3:22AM

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 LLC

Investment Insights

Based on property information with market context.

This 11.47 AC portfolio, located in the heart of Dallas’s urban core adjacent to the historic Fair Park grounds, presents a purchase opportunity. The portfolio consists of infill assets within Dallas’s urban core. The offering provides the ability to acquire a blend of cash-flowing and covered properties, in addition to land sites ready for immediate development. Consisting of 149,926 square feet of improvements and 8.21 acres of land, the property has revenue stream with upside potential from the various income producing components, most notably the parking revenue and 72,467 SF industrial building. With over 8.21 AC of land for immediate development, the offering is ideal for developers and commercial investors of all product types, and perfect for existing and new Opportunity Zone tax-credit investors. The property is positioned to take advantage of the Fair Park market. Each property has ease of access to I-30, I-45 and Central Expressway, connecting the entire Portfolio to Downtown Dallas and all other markets within the DFW Metroplex. The majority of the offering is covered by a diversified revenue stream, and new ownership benefits from an increased level of flexibility in maximizing future development plans. The city’s approval of the new $85+ million Fair Park Master Plan and the continued investment from public and private partnerships will continue for years to come. This piece of the portfolio consists of 2.94 ACs between Al Lipscomb Way & Elihu Street.

Key Highlights

  • 11.47 AC Portfolio in Dallas's Urban Core: Largest compilation of infill assets in the area.
  • Opportunity Zone Investment: Ideal for developers and commercial investors seeking tax credit benefits.
  • Immediate Development Potential: 8.21 AC of land ready for immediate development.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 75210, TX

8,736
Population
2,824
Households
3.1
Avg Household Size
33
Median Age
9%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
3,798
Density / Sq Mi
$28,739
Median Household Income
$24,850
Median Earnings
$952
Median Rent
$110,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 11.47 AC portfolio in the heart of Dallas.
Where is this commercial land located?
The property is located at 3237 Al Lipscomb Way Dallas, TX.
What are key features of this property?
This property features: 11.47 AC Portfolio in Dallas's Urban Core: Largest compilation of infill assets in the area.; Opportunity Zone Investment: Ideal for developers and commercial investors seeking tax credit benefits.; Immediate Development Potential: **8.21 AC of land ready for immediate development.**
(214) 497-0276 Call to check price and availability
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