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3237 Al Lipscomb Way Dallas, TX 75210

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11.47 AC portfolio in the heart of Dallas.

Type:Land
Property size:
72,467 SF
Lot size:
11.47 Acres
Added:
Jan 12, 2024
Days on Market:
830
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 3237 Al Lipscomb Way

General Information

Standard status
Active
Size
72,467 SF
Lot size
11.47 Acres
Property subtype
Land

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Listing Contact
Cameron Deptula

Listing agent Cameron Deptula License #TX 622382

Listing office Davidson & Bogel Real Estate LLC

Listing date Jan 12, 2024

Source Crexi

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


Overview

Dallas Urban Core Opportunity Zone

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.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Dallas
County
Collin
State
Texas
Longitude
-96.7455
Latitude
32.7711

FAQs

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.**
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