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Downtown Hotel Redevelopment Property

400 N AKARD ST, Dallas, TX 75201

For Sale
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A 1921 reinforced-concrete building offers hotel and multifamily conversion concepts with commercial space.

Property SizeContact for details
Lot Size0.27 Acres
Days on Market46

Property Features for 400 N AKARD ST

General Information

Standard status Active
Lot size 0.27 Acres
Property subtype Multifamily, Hospitality

Site & Location

Neighborhood Downtown

Building Details

Year Built 1921
Buildings 1
Construction reinforced-concrete
Listing Agency: Hotel Brokers Of America
Listed By: Corina Palekar · License #CA 01905002
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 8 at 3:23PM

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 Hotel Brokers Of America

Rey
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Investment Insights

Based on property information with market context.

At 400 N Akard Street, this 1921 reinforced-concrete property occupies a 0.27-acre site at the northeast corner of Akard and Federal in Downtown Dallas. Conceptual redevelopment work outlines two alternatives: a 126-key StudioRes by Marriott extended-stay hotel or a 106-unit studio multifamily project with commercial space. The hotel concept identifies a potential brand affiliation; neither concept is presented as a completed conversion. A conceptual expansion plan indicates approximately 78,252 square feet.

Key Highlights

  • 1921 reinforced‑concrete building on a 0.27‑acre site
  • Conceptual 126‑key StudioRes by Marriott extended‑stay plan
  • Alternative concept for 106 studio units with commercial space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cogent Communications Colo Telecommunications Service Cologlobal Telecommunications Service GTHost - Dallas Dedicated ... Data Center Dr. Jake M. ... Physician HostRound LLC - Dedicated ... Data Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Clothing & Fashion Store Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,365
Businesses Nearby

Demographics for 75201, TX

17,740
Population
13,619
Households
1.3
Avg Household Size
32
Median Age
69%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,671
Density / Sq Mi
$101,098
Median Household Income
$76,031
Median Earnings
$1,971
Median Rent
$649,700
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Hotel - A 1921 reinforced-concrete building offers hotel and multifamily conversion concepts with commercial space.
Where is this hotel located?
The property is located at 400 N AKARD ST Dallas, TX.
What are key features of this property?
This property features: 1921 reinforced‑concrete building on a 0.27‑acre site; Conceptual 126‑key StudioRes by Marriott extended‑stay plan; Alternative concept for 106 studio units with commercial space
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