Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    206 Marsalis Ave Dallas, TX 75203

    For Sale
    Contact for pricing

    Dallas Retail Property, High NOI Potential

    Property size:
    4,468 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Dallas retail investment opportunity encompasses two adjacent properties at 206 & 208 S. Marsalis Ave, totaling 4,468 square feet on an 8,820 square foot lot. The property features four units

    Property Features for 206 Marsalis Ave

    General Information

    Property type
    Land
    Square Feet
    4,468 SF

    Building Details

    Units
    4

    HighLights

    • Four‑unit building; three 900 SF units, one 1,500 SF unit.
    • Two units rent for $1,300/month.
    • One unit rents for $1,000/month.
    • Pro forma Net Operating Income (NOI): $52,380.
    • Located one block north of Southern Gateway Deck Park.
    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 Building Supply Gym & Fitness 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
    -96.8153131
    Latitude
    32.7463475

    Nearby Similar for Sale

    • New
      $1,499,999
      6,025 SF

      Income-Producing Mediterranean Style Dallas Duplex

      Dallas duplex perfect for Airbnb, generating revenue in sought-after area.
      5100 Mission Ave, Dallas, TX 75206
      View Details
    • $795,000
      1,648 SF

      Historic Junius Heights Craftsman with Duplex

      1912 Craftsman home with detached income-producing duplex in Dallas.
      5502 Victor St, Dallas, TX 75214
      View Details
    • $499,500
      2,080 SF

      Dallas Duplex Near Bishop Arts

      Income-producing duplex near Bishop Arts District with redevelopment potential.
      326 S Windomere Ave, Dallas, TX 75208
      View Details
    • $999,999
      16,000 SF

      Four Condo Units Investment Package

      Four condo units in prime location with high rental demand.
      4021 Gilbert Ave, Dallas, TX 75219
      View Details
    • $1,500,000
      24,000 SF

      Seven Condo Units Investment Package

      Seven condo units in a desirable Dallas location for sale.
      4327 Holland Ave, Dallas, TX 75219
      View Details
    • $675,000
      0.22 Acres

      Updated Duplex in Prime Location

      Spacious, updated duplex with modern finishes and income potential.
      15825 El Estado Dr, Dallas, TX 75248
      View Details

    FAQs

    What type of property is this?
    Land - Dallas Retail Property, High NOI Potential
    Where is this land located?
    The property is located at 206 Marsalis Ave Dallas, TX.
    What are key features of this property?
    This property features: Four-unit building; three 900 SF units, one 1,500 SF unit.; Two units rent for $1,300/month.; One unit rents for $1,000/month.
    Request Owner's contact information
    206 Marsalis Ave Dallas, TX 75203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    206 Marsalis Ave
    Dallas, TX 75203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    206 Marsalis Ave Dallas, TX 75203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.