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    6516-6517 Victoria Ave Dallas, TX 75209

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    For Sale
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    Prime Dallas location, two combined lots, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional development opportunity encompasses two adjacent lots totaling 12,449 square feet, situated at 6516-6517 Victoria Avenue in Dallas, Texas, zip code 75209. The property boasts a highly desirable location between West Mockingbird Lane and Savage Street, offering convenient access to the prestigious Park Cities and Dallas Love Field Airport. The lots present a unique dual-zoning advantage. One lot is zoned PD 67 (Tract III), while the other is zoned CR, providing flexibility for a variety of development projects. This strategic positioning ensures high visibility and exposure to significant traffic counts along West Mockingbird Lane and Lemmon Avenue. The strong demographics of the surrounding area further enhance the investment potential. This combined parcel presents a rare opportunity to capitalize on the vibrant Dallas real estate market. The property's size and zoning flexibility make it suitable for a range of commercial and residential ventures. Its proximity to affluent neighborhoods and key transportation arteries guarantees strong demand and potential for significant returns. Don't miss this chance to acquire a prime piece of Dallas real estate.

    Property Features for 6516-6517 Victoria Ave

    General Information

    Property type
    Land

    HighLights

    • Two adjacent lots totaling 12,449 square feet.
    • Combined lot size of 12,449 square feet.
    • Dual zoning: one lot zoned for retail, the other for residential.
    • Minutes from Park Cities and Dallas Love Field Airport.
    • Strong surrounding demographics.
    • High traffic counts on West Mockingbird Lane and Lemmon Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.830919
    Latitude
    32.837202

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    FAQs

    What type of property is this?
    Land - Prime Dallas location, two combined lots, ideal for development.
    Where is this land located?
    The property is located at 6516-6517 Victoria Ave Dallas, TX.
    What are key features of this property?
    This property features: Two adjacent lots totaling 12,449 square feet.; Combined lot size of 12,449 square feet.; Dual zoning: one lot zoned for retail, the other for residential.
    (214) 520-8818
    Request Owner's contact information
    6516-6517 Victoria Ave Dallas, TX 75209
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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
    6516-6517 Victoria Ave Dallas, TX 75209
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