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    2331 May St Dallas, TX 75208

    For Sale
    Contact for pricing

    22,216 SF Lot, 2,400 SF Building

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property presents a unique investment opportunity in the heart of Dallas, Texas. Located at 2331-2333 Hardwick St. & 2218-2222 May St., this property boasts a substantial 22,216 square foot lot, zoned PD 714, and includes an existing 2,400 square foot building. The land offers significant potential for redevelopment or expansion of existing structures, catering to a variety of commercial uses. The property's location in Dallas, with its vibrant economy and strong retail market, ensures high visibility and accessibility. The land value is assessed at $19,530 per square foot, reflecting the premium location and development potential. This is an ideal opportunity for investors seeking a high-return investment in a prime Dallas location. The property's size and zoning provide flexibility for a range of commercial ventures, making it an attractive proposition for both established businesses and new entrepreneurs. Detailed zoning information and site plans are available upon request. Don't miss this chance to acquire a significant piece of Dallas real estate. The property is situated in a dynamic area of Dallas, offering excellent access to transportation networks and a thriving local community. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location.

    Property Features for 2331 May St

    General Information

    Property type
    Retail properties
    Square Feet
    2,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant 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
    Worcester
    State
    Texas
    Longitude
    -96.8272439
    Latitude
    32.77201

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    FAQs

    What type of property is this?
    Retail property - 22,216 SF Lot, 2,400 SF Building
    Where is this retail property located?
    The property is located at 2331 May St Dallas, TX.
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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
    2331 May St Dallas, TX 75208
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