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East Dallas Redevelopment Opportunity
For Sale
$350,000

4601 Reiger Avenue, Dallas, TX 75246

50,218 sq ft land for redevelopment or expansion.

Property Size22,912 SF
Lot Size1.15 Acres
Price / SF$15.28
Days on Market104

Property Features for 4601 Reiger Avenue

General Information

Standard status Active
Size 22,912 SF
Lot size 1.15 Acres
Property subtype Lots & Acreage / Unimproved Land

Amenities

No

Building Details

Year Built 1960
Listing Agency: Perry Guest Company
Listed By: Harris Arnhart · License #0636257
Source: Compass
Added: Apr 30 Changed: Aug 8 Last Checked: Jul 16 at 6:58AM

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 square feet of land in East Dallas. Zoned PD-98 and without historic designation, the portfolio includes three adjacent properties: two apartment buildings containing a total of 30 units, and one vacant lot. The property is offered for complete redevelopment of all three sites. Alternatively, the existing apartments could be maintained while developing the adjacent vacant lot.

Key Highlights

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

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

974
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?
Residential land & home lot - 50,218 sq ft land for redevelopment or expansion.
Where is this residential land & home lot located?
The property is located at 4601 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Large 50,218 sq ft land parcel in East Dallas.; Zoned PD‑98, allowing for redevelopment.; Portfolio includes two 30‑unit apartment buildings and a vacant lot.
More about this property
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