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East Dallas Redevelopment Opportunity
For Sale
$2,650,000

4523-4535 Reiger Avenue, Dallas, TX 75246

50,218 sq ft land for redevelopment or expansion.

Property Size22,912 SF
Lot Size1.15 Acres
Price / SF$115.66
Days on Market84

Property Features for 4523-4535 Reiger Avenue

General Information

Standard status Active
Size 22,912 SF
Lot size 1.15 Acres
Property subtype Multi-Family / Apartment/5Plex+

Building Details

Year Built 1960
Listing Agency: Perry Guest Company
Listed By: Harris Arnhart · License #0636257
Source: Compass
Added: May 8 Changed: Jul 10 Last Checked: Jul 29 at 1:05PM

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 Perry Guest Company

Investment Insights

Based on property information with market context.

This offering presents an opportunity to acquire 50,218 sq ft of land in East Dallas. Zoned PD-98 and without historic designation, the portfolio includes three adjacent properties: two apartment buildings comprising 30 units and one vacant lot. The property is offered for complete redevelopment of all three sites, or alternatively, the existing apartments can be maintained while developing the adjacent vacant lot. The existing apartment buildings have a total size of 22,912 sq ft.

Key Highlights

  • Large 50,218 sq ft lot in East Dallas.
  • Zoned PD‑98, allowing for redevelopment.
  • Portfolio includes two existing 30‑unit apartment buildings and a vacant lot.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Home Appliance Store Computer & Electronic Repair Electrical Service Pet Grooming Service Pet Store (Bike/Boat/Book/etc) 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

3,318
Businesses Nearby

Demographics for 75246, TX

2,458
Population
1,545
Households
1.6
Avg Household Size
38
Median Age
23%
College-Educated
79%
High-School Grad
0.5 sq mi
ZIP Area
4,916
Density / Sq Mi
$49,665
Median Household Income
$38,088
Median Earnings
$1,045
Median Rent
$449,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 50,218 sq ft land for redevelopment or expansion.
Where is this commercial land located?
The property is located at 4523-4535 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Large 50,218 sq ft lot in East Dallas.; Zoned PD‑98, allowing for redevelopment.; Portfolio includes two existing 30‑unit apartment buildings and a vacant lot.
More about this property
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