Current Use by Public Records
- Land
Property Details for 1948 Royal Ln
- Lot size
- 2.01 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.01-acre commercial and industrial land parcel is ideally situated in Dallas's vibrant Asian District, specifically within the Korea Town area on Royal Lane. The property boasts an IR (Industrial Research) zoning designation, offering considerable flexibility for diverse development projects, encompassing both industrial and retail uses. Its strategic location provides excellent visibility and accessibility, with approximately 20,000 vehicles passing daily and a substantial population base of 75,000 residents within a 3-mile radius. The site benefits from its proximity to major thoroughfares, including easy access to highways 35E and 635. Nearby, a thriving commercial environment is evident, featuring a newly constructed HMart, various banks, restaurants, and other service businesses. This presents a compelling investment opportunity to capitalize on the area's dynamic growth and create a long-term, high-return commercial or industrial development within one of the nation's most dynamic Asian districts. The asking price for this exceptional property is $1,750,000. The property address is 1948 Royal Ln, Dallas, TX 75229, in Dallas County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.9127
- Latitude
- 32.8955
