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    2023 Stafford St Dallas, TX 75208

    For Sale
    Contact for pricing

    Prime Dallas retail, 35,777 SF, 146 units

    Property size:
    35,777 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Dallas retail property, located at 2023 N. Willomet Ave. & 1125 Stafford St., offers 35,777 square feet of space distributed across 146 units within a five-story building. Situated on a six-acre lot in the 75208 zip code, this property is zoned R - 7.5 (A), presenting significant development potential. The property's strategic location in Dallas County, Texas, places it within a vibrant and rapidly growing area. Nearby developments include substantial residential and commercial projects, indicating a strong upward trajectory for the area's value. The proximity to established amenities and ongoing large-scale construction projects, such as a major apartment complex and retail space, further enhances the property's investment appeal. This presents a unique opportunity to acquire a substantial retail asset in a high-growth Dallas neighborhood, offering immediate income potential and long-term appreciation prospects. The property's size and zoning allow for a variety of uses and redevelopment possibilities, making it an attractive investment for both seasoned and emerging real estate investors. This is a rare chance to capitalize on the dynamic growth of this thriving Dallas location.

    Property Features for 2023 Stafford St

    General Information

    Property type
    Retail properties
    Square Feet
    35,777 SF
    Lot Size
    261,360 SF

    Building Details

    Stories
    5
    Units
    146

    HighLights

    • Megatel's second phase, comprising approximately 2,100 apartments, begins construction this year.
    • The master‑planned community features a crystal lagoon, adjacent to the subject property.
    • This development is part of a recent surge in area growth, spurred by the Margaret Hunt Hill Bridge construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -96.8393674
    Latitude
    32.7712725

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    FAQs

    What type of property is this?
    Retail property - Prime Dallas retail, 35,777 SF, 146 units
    Where is this retail property located?
    The property is located at 2023 Stafford St Dallas, TX.
    What are key features of this property?
    This property features: Megatel's second phase, comprising approximately 2,100 apartments, begins construction this year.; The master-planned community features a crystal lagoon, adjacent to the subject property.; This development is part of a recent surge in area growth, spurred by the Margaret Hunt Hill Bridge construction.
    Request Owner's contact information
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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
    2023 Stafford St Dallas, TX 75208
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