Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3023 Commerce St Dallas, TX 75226

    For Sale
    Contact for pricing

    Prime Dallas location, 17-story development.

    Property size:
    13,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial property, located at 3023 Commerce St, Dallas, TX 75226, presents a unique investment opportunity. The site encompasses a substantial area, with potential square footage ranging from 13,010 to 25,265 square feet. Currently zoned PD 269, this property is designated for retail use and land development. The planned development is ambitious, envisioning a 17-story tower. The design incorporates a four-story parking garage, supporting 13 floors of residential apartments above. This mixed-use project, situated in the vibrant Deep Ellum area, is a 192-unit development. Construction has already begun, with the anticipated delivery of the initial units slated for mid-2024. The project's planned commencement date was the end of 2022. This property offers significant potential for investors seeking a high-impact development in a rapidly growing Dallas neighborhood. The substantial size and strategic location make this a compelling investment prospect with strong future growth potential. The property's retail zoning and the planned residential component create a synergistic development opportunity. Detailed plans and specifications are available upon request. This is a rare chance to acquire a significant piece of Dallas real estate with a clear vision for the future.

    Property Features for 3023 Commerce St

    General Information

    Property type
    Land
    Square Feet
    13,010 SF

    Building Details

    Stories
    17

    HighLights

    • Planned 17‑story tower with 13 floors of apartments above a 4‑story parking garage.
    • Construction commenced late 2022; initial unit delivery mid‑2024.
    • 192‑unit mixed‑use development in Deep Ellum.
    • 13,010 - 25,265 square foot site, currently zoned PD 269 for retail use and land development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kabajha Hair Care Beautician Te'zers Salon and Barbar Hair Salon Blissful Boujee Health And Beauty Shop Kariri & Ko Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.779333
    Latitude
    32.7841809

    Nearby Similar for Sale

    • $1,500,000
      6,025 SF

      Income-Producing Mediterranean Style Dallas Duplex

      Dallas duplex perfect for Airbnb, fully furnished and revenue-generating.
      5100 Mission Ave, Dallas, TX 75206
      View Details
    • $795,000
      1,648 SF

      Historic Junius Heights Craftsman with Duplex

      1912 Craftsman home with detached income-producing duplex in Dallas.
      5502 Victor St, Dallas, TX 75214
      View Details
    • $499,500
      2,080 SF

      Dallas Duplex Near Bishop Arts

      Income-producing duplex near Bishop Arts District with redevelopment potential.
      326 S Windomere Ave, Dallas, TX 75208
      View Details
    • $999,999
      16,000 SF

      Four Condo Units Investment Package

      Four condo units in prime location with high rental demand.
      4021 Gilbert Ave, Dallas, TX 75219
      View Details
    • $1,500,000
      24,000 SF

      Seven Condo Units Investment Package

      Seven condo units in a desirable Dallas location for sale.
      4327 Holland Ave, Dallas, TX 75219
      View Details
    • $675,000
      0.22 Acres

      Updated Duplex in Prime Location

      Spacious, updated duplex with modern finishes and income potential.
      15825 El Estado Dr, Dallas, TX 75248
      View Details

    FAQs

    What type of property is this?
    Land - Prime Dallas location, 17-story development.
    Where is this land located?
    The property is located at 3023 Commerce St Dallas, TX.
    What are key features of this property?
    This property features: Planned 17-story tower with 13 floors of apartments above a 4-story parking garage.; Construction commenced late 2022; initial unit delivery mid-2024.; 192-unit mixed-use development in Deep Ellum.
    Request Owner's contact information
    3023 Commerce St Dallas, TX 75226
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3023 Commerce St
    Dallas, TX 75226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3023 Commerce St Dallas, TX 75226
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.