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    8Th St Dallas, TX 75203

    For Sale
    Contact for pricing

    Prime Bishop Arts District location, 96,775 SF.

    Property size:
    96,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.15-acre commercial land parcel presents a unique redevelopment opportunity in the vibrant Bishop Arts District of Dallas, Texas. Located at the highly visible and signalized intersection of North Marsalis Avenue and East 8th Street, this property boasts an impressive 515 feet of frontage on Marsalis Avenue and 183 feet on 8th Street, ensuring maximum exposure and accessibility. The property is zoned PD 468 [Sub district D], (WMU-5), allowing for a wide range of commercial development possibilities. The total square footage available is a substantial 96,775 square feet, providing ample space for a large-scale project. This prime location offers significant potential for investors seeking to capitalize on the growing popularity and desirability of the Bishop Arts District. While the existing structures are not designated as historic landmarks, the property is eligible for Historic Tax Credits, potentially offering significant financial advantages for qualified projects. This covered land opportunity represents a rare chance to acquire a strategically positioned asset in one of Dallas's most sought-after neighborhoods. The property's size and location make it ideal for a variety of commercial uses, from retail and restaurants to mixed-use developments. Don't miss this chance to secure a prominent position in the heart of the Bishop Arts District. The zip code is 75203, and the property is situated in Dallas County.

    Property Features for 0 8Th St

    General Information

    Property type
    Land
    Square Feet
    96,775 SF
    Lot Size
    93,654 SF

    HighLights

    • 2.15‑acre commercial land parcel at a signalized intersection in Dallas's Bishop Arts District.
    • Prime redevelopment opportunity at the intersection of North Marsalis Avenue and East 8th Street.
    • High visibility with 515 feet of frontage on Marsalis Avenue and 183 feet on 8th Street.
    • Eligible for Historic Tax Credits; existing structures are not designated historic landmarks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8156456
    Latitude
    32.7512184

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    FAQs

    What type of property is this?
    Land - Prime Bishop Arts District location, 96,775 SF.
    Where is this land located?
    The property is located at 8Th St Dallas, TX.
    What are key features of this property?
    This property features: 2.15-acre commercial land parcel at a signalized intersection in Dallas's Bishop Arts District.; Prime redevelopment opportunity at the intersection of North Marsalis Avenue and East 8th Street.; High visibility with 515 feet of frontage on Marsalis Avenue and 183 feet on 8th Street.
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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
    8Th St Dallas, TX 75203
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