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    510 W Commerce St Dallas, TX

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    Redevelopment opportunity with existing income in Dallas, Texas.

    Type:INDUSTRIAL
    Property size:
    13,550 SF
    Lot size:
    1.68 Acres
    Price / SF:
    $261/SF
    Added:
    May 2, 2025
    Days on Market:
    364
    Last Refresh:
    Apr 5 at 9:38 pm

    Property Features for 510 W Commerce St

    General Information

    Standard status
    Active
    Size
    13,550 SF
    Lot size
    1.68 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Daniel Poku
    Daniel Poku

    Listing agent Daniel Poku License #TX 644631

    Listing office SRS Real Estate Partners - Corporate

    Listing date May 2, 2025

    Source Moodyscre

    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 SRS Real Estate Partners - Corporate


    Overview

    Dallas Redevelopment Opportunity with Income

    This property presents a redevelopment opportunity in Dallas, Texas. The offering includes fee-simple interest in a strategically positioned property with an existing absolute NNN retail tenancy, providing stable interim income during the planning and entitlement phase. The property's PD zoning designation accommodates multifamily or townhome development. Investors and developers have the opportunity to capitalize on the residential market demand in this urban corridor due to the flexible zoning. Investors benefit from secure cash flow with zero landlord responsibilities under an absolute NNN lease structure, currently featuring more than 8 years remaining and additional renewal options. Annual rent escalations and FMV adjustments strengthen interim cash flow and offer protection against inflation, providing an attractive holding scenario during the entitlement and pre-development period. The property size is 13550 square feet. This offering represents a covered land play, ideal for developers seeking to capture long-term value through residential redevelopment in one of Dallas’s sought-after neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8316
    Latitude
    32.7728

    FAQs

    What type of property is this?
    Commercial land - Redevelopment opportunity with existing income in Dallas, Texas.
    Where is this commercial land located?
    The property is located at 510 W Commerce St Dallas, TX.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: Premier redevelopment opportunity in the heart of Dallas, Texas, with PD zoning allowing for multifamily or townhome development.; Existing absolute NNN retail tenancy provides stable interim income during the planning and entitlement phase with over 8 years remaining on the lease.; Secure cash flow with zero landlord responsibilities under the absolute NNN lease structure.
    (214) 560-3294 Call to check price and availability
    More about this property
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