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Mixed-Use Property with Live-Work Space

917 Sunset Avenue, Dallas, TX 75208

For Sale
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PD 316 Subarea 5 identifies residential, office, and live-work uses for the property.

Property Size1,582 SF
Price / SF$1.90
Days on Market93

Property Features for 917 Sunset Avenue

General Information

Standard status Active
Size 1,582 SF
Property subtype Office
Zoning PD 316 subarea 5

Site & Location

Neighborhood Winnetka Heights Historict District

Building Details

Year Built 1906
Listing Agency: The Ohana Investment Group
Listed By: Ray O'connor · License TX #0633121
Source: Lonestarluxuryrealty
Added: Aug 10 Changed: Nov 1 Last Checked: Nov 10 at 7:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Ohana Investment Group

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Investment Insights

Based on property information with market context.

Located at 917 Sunset Avenue in Dallas, this mixed-use property is identified within PD 316 Subarea 5 for residential, office, and live-work use. The property was built in 1906 and combines a commercially relevant setting with a flexible use profile spanning living and workspace functions.

Key Highlights

  • PD 316 Subarea 5 designation
  • Residential, office, and live‑work use profile
  • Built in 1906

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,882
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,640 $417.6K
Cap Rate 7%
$298,314 $298.3K
Cap Rate 9%
$232,022 $232.0K
Market Conditions
NOI Build-Up for 1,582 SF
Gross rent
$38.0K $24.00/SF
− Vacancy
−$4.6K −$2.88/SF
EGI
$33.4K $21.12/SF
− OpEx
−$12.5K −$7.92/SF
NOI
$20.9K $13.20/SF
Area
Dallas, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,640
Cap Rate 7%
$298,314
Cap Rate 9%
$232,022

Alternative Uses

Best Use
Office B
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $90,951 @ 7.0% cap
Second Best
Mixed Use
$298.3K
$261.0K – $348.0K (±1% cap)
NOI $20,882 @ 7.0% cap
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,879 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Nursing Home Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,057
Businesses Nearby

Demographics for 75208, TX

29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Mixed-use properties in Dallas

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - PD 316 Subarea 5 identifies residential, office, and live-work uses for the property.
Where is this mixed-use property located?
The property is located at 917 Sunset Avenue Dallas, TX.
What are key features of this property?
This property features: PD 316 Subarea 5 designation; Residential, office, and live‑work use profile; Built in 1906
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