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    518 Davis St Dallas, TX 75208

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    For Lease
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    Bishop Arts District Creative Hub

    Lot size:
    6,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,480 sq ft Dallas County warehouse, located at 518 W Davis St, zip code 75208, offers a unique blend of creative and commercial potential. Currently housing six art studios, the property boasts abundant parking, shared patio, gallery spaces, and convenient amenities including cleanup sinks and showers. The existing structure features corrugated-tin exterior and a single-tenant occupancy. A significant portion of the building (884 sq ft) is currently vacant, presenting an immediate opportunity for expansion or lease. The property's location in the vibrant Bishop Arts District of West Oak Cliff provides exceptional visibility and access to a thriving community of over 60 independent businesses, including boutiques, restaurants, bars, coffee shops, theaters, and art galleries. This prime location offers significant potential for future development, with possibilities including conversion to retail, restaurant, or entertainment use, capitalizing on the high foot traffic and established artistic atmosphere. The property's existing studio spaces provide a strong foundation for continued creative use, while the vacant space allows for flexible adaptation to a variety of commercial ventures. This is a rare opportunity to acquire a versatile property in a highly sought-after location.

    Property Features for 518 Davis St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,480 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    884 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Studio 4-PIW Yoga Studio Bishop Arts Modern Art Gallery DÉION Clothing Store Gillian Bradshaw Smith ... Interior Designer Palette Studio Event Venue

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.831131
    Latitude
    32.7491039

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    FAQs

    What type of property is this?
    Office space - Bishop Arts District Creative Hub
    Where is this office space located?
    The property is located at 518 Davis 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
    518 Davis St Dallas, TX 75208
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