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    1508-1512 Fort Worth Ave Dallas, TX 75208

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    For Sale
    Contact for pricing

    1.43 acres, prime infill location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.431-acre land parcel, located at 1508-1512 Fort Worth Ave. in Dallas, Texas (zip code 75208), presents a unique opportunity for development. Zoned PD-714 (Subdistrict 2B), this property allows for a variety of uses, including office, residential, and retail spaces. Its prime location in the rapidly redeveloping West Dallas neighborhood of Oak Cliff offers outstanding access and high visibility, situated along a busy thoroughfare just minutes from Downtown Dallas, Trinity Groves, and the Bishop Arts District. The property benefits from its proximity to Interstate-30, ensuring easy access throughout the Dallas-Fort Worth metroplex. This infill site is surrounded by significant recent development activity, indicating a strong and growing market. The area boasts improving demographics and abundant nearby economic drivers, making this an ideal investment for developers seeking to capitalize on the transformation of this thriving neighborhood. The high traffic counts and excellent visibility contribute to the property's exceptional potential. This is a rare chance to acquire a prime development site in one of Dallas's hottest markets.

    Property Features for 1508-1512 Fort Worth Ave

    General Information

    Property type
    Land
    Lot Size
    62,334 SF

    HighLights

    • Prime 1.43‑acre infill site in West Dallas's Oak Cliff neighborhood with excellent access.
    • Close proximity to Trinity Groves, Sylvan Thirty, and other new developments.
    • High traffic counts and excellent visibility on Fort Worth Ave.
    • Rapidly redeveloping neighborhood with improving demographics and abundant economic drivers.
    • Strong market with significant recent development activity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.843697
    Latitude
    32.765187

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    FAQs

    What type of property is this?
    Land - 1.43 acres, prime infill location.
    Where is this land located?
    The property is located at 1508-1512 Fort Worth Ave Dallas, TX.
    What are key features of this property?
    This property features: Prime 1.43-acre infill site in West Dallas's Oak Cliff neighborhood with excellent access.; Close proximity to Trinity Groves, Sylvan Thirty, and other new developments.; High traffic counts and excellent visibility on Fort Worth Ave.
    (214) 520-8818
    Request Owner's contact information
    1508-1512 Fort Worth Ave Dallas, TX 75208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1508-1512 Fort Worth Ave Dallas, TX 75208
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