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    3237 Al Lipscomb Way Dallas, TX 75210

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    2.94 Acres, Opportunity Zone, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2.94-acre commercial land parcel presents a rare investment opportunity in Dallas's urban core, situated within an Opportunity Zone. Located at 3237 Al Lipscomb Way, Dallas, TX 75210, this property is ideally positioned between Al Lipscomb Way and Elihu Street, offering immediate redevelopment potential. The site benefits from its proximity to Fair Park, the Deep Ellum District, and The Cedars, all experiencing significant growth. Easy access to major highways, including I-30, I-45, and Central Expressway, ensures excellent connectivity throughout the Dallas-Fort Worth Metroplex. This land is part of a larger portfolio totaling 11.47 acres, offering potential for substantial returns. The property's location within a high-growth, high-barrier Opportunity Zone, coupled with the city's approved $85+ million Fair Park Master Plan, promises continued economic expansion and value appreciation. The site is ready for immediate development, making it an attractive proposition for developers and investors seeking to capitalize on the area's revitalization and strong demographic trends. The surrounding area boasts a high concentration of residents with above-average household incomes within a five-mile radius. This offering presents a unique chance to acquire a significant land parcel in a rapidly developing area of Dallas. The property can be purchased as part of a larger portfolio or as a standalone investment.

    Property Features for 3237 Al Lipscomb Way

    General Information

    Property type
    Land
    Lot Size
    128,066 SF

    HighLights

    • Rare Opportunity Zone investment at Fair Park's entrance in Dallas's CBD; part of the largest infill property compilation in the area.
    • 2.94‑acre commercial land parcel with immediate redevelopment potential and existing cash flow, offering significant value‑add.
    • 11.47‑acre urban core portfolio in a high‑growth, high‑barrier‑to‑entry Dallas submarket.
    • Available as a portfolio or individual investments.
    • Strategically located near Deep Ellum, Uber's Dallas HQ, and The Cedars, benefiting from the $85M+ Fair Park revitalization plan.
    • Excellent access to major highways (I‑30, I‑45, Central Expressway, I‑35), with 152,353‑239,507 residents (average household income $101,037-$109,662) within a 3‑5 mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.765891325502
    Latitude
    32.776944892391

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    FAQs

    What type of property is this?
    Land - 2.94 Acres, Opportunity Zone, High Growth
    Where is this land located?
    The property is located at 3237 Al Lipscomb Way Dallas, TX.
    What are key features of this property?
    This property features: Rare Opportunity Zone investment at Fair Park's entrance in Dallas's CBD; part of the largest infill property compilation in the area.; 2.94-acre commercial land parcel with immediate redevelopment potential and existing cash flow, offering significant value-add.; 11.47-acre urban core portfolio in a high-growth, high-barrier-to-entry Dallas submarket.
    (214) 497-0276
    Request Owner's contact information
    3237 Al Lipscomb Way Dallas, TX 75210
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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
    3237 Al Lipscomb Way Dallas, TX 75210
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