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    4933 Alton Ave Dallas, TX 75214

    For Sale
    Contact for pricing

    Prime Dallas location, 14,580 sq ft.

    Property size:
    14,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 14,580 square foot property, located at 4933-4937 Alton Ave in Dallas, Texas, presents a remarkable opportunity for townhome development. Situated in Dallas County, zip code 75214, this multifamily land parcel is zoned MF-2, allowing for the construction of a residential townhome community. The property's substantial size offers significant potential for a high-density development, catering to the growing demand for housing in this desirable Dallas neighborhood. The precise latitude and longitude coordinates are 32.7946696, -96.7610144, facilitating easy location verification and site analysis. This prime location offers developers a chance to create a thriving residential community within a well-established urban setting. The existing zoning designation simplifies the permitting process, minimizing potential delays and streamlining the development timeline. This is an ideal investment for developers seeking a high-return project in a rapidly growing market. The property's size and zoning make it particularly suitable for a multi-unit townhome development, offering a significant return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity. The property is currently listed for sale.

    Property Features for 4933 Alton Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    14,580 SF

    HighLights

    • Multifamily and land property totaling 14,580 square feet.
    • Located at 4933 Alton Ave, Dallas, TX 75214.
    • Zoned MF‑2.
    • Suitable for townhome development.
    • Property is for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7610144
    Latitude
    32.7946696

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    FAQs

    What type of property is this?
    Multifamily property - Prime Dallas location, 14,580 sq ft.
    Where is this multifamily property located?
    The property is located at 4933 Alton Ave Dallas, TX.
    What are key features of this property?
    This property features: Multifamily and land property totaling 14,580 square feet.; Located at 4933 Alton Ave, Dallas, TX 75214.; Zoned MF-2.
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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
    4933 Alton Ave Dallas, TX 75214
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