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    5500 2Nd Ave Dallas, TX 75210

    Sponsored
    For Sale
    $300,000

    Prime Dallas location, ideal for development. High visibility, zoned IR.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 0.45-acre commercial land parcel presents a unique investment opportunity in the heart of Dallas, Texas. Situated at 5500 2nd Avenue, this property boasts a highly desirable location at a signaled intersection on the on and off ramps of Highway 175 and 2nd Avenue, ensuring maximum visibility and accessibility. The property is zoned IR – Industrial Research, offering flexibility for a variety of commercial uses. Given its prominent location and zoning, this land is particularly well-suited for businesses requiring high traffic exposure, such as a gas station or a small quick-serve restaurant. The asking price is $300,000. The property's address is 5500 2nd Avenue, Dallas, Texas, 75210, within Dallas County. Its precise coordinates are latitude 32.746828 and longitude -96.728717. This is a rare opportunity to acquire a strategically located commercial lot with significant development potential in a thriving Dallas market. Don't miss out on this chance to secure a prime piece of real estate in a high-traffic area.

    Property Features for 5500 2Nd Ave

    General Information

    Property type
    Land
    Lot Size
    19,602 SF

    HighLights

    • High‑visibility corner lot at the Highway 175 and 2nd Avenue interchange.
    • IR‑zoned property suitable for industrial research uses.
    • Ideal location for a gas station or quick‑service restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Clothing Store Kitchen & Bath Storage Facility Barber Shop Plumbing Service Men's Store Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.728717
    Latitude
    32.746828

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    FAQs

    What type of property is this?
    Land - Prime Dallas location, ideal for development. High visibility, zoned IR.
    Where is this land located?
    The property is located at 5500 2Nd Ave Dallas, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: High-visibility corner lot at the Highway 175 and 2nd Avenue interchange.; IR-zoned property suitable for industrial research uses.; Ideal location for a gas station or quick-service restaurant.
    (214) 720-6676
    Request Owner's contact information
    5500 2Nd Ave Dallas, TX 75210
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    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
    5500 2Nd Ave Dallas, TX 75210
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