1508-1512 Fort Worth Ave Dallas, TX 75208
- Land
- 6.38 lot acres
Current Use by Public Records
- Land
Property Details for 1508-1512 Fort Worth Ave
- Lot size
- 6.38 lot acres
- Property type
- Land
Description
This exceptional 6.38-acre mixed-use development opportunity is located in Dallas, Texas, at 1508-1512 and 1618-1732 Fort Worth Ave, zip code 75208, within the rapidly evolving West Dallas neighborhood of Oak Cliff. The property boasts a PD 714 (Subdistrict 2B) zoning designation, permitting a variety of uses including office, multifamily, and retail development. Its prime location offers unparalleled access to major thoroughfares, including proximity to Interstate-30, placing it minutes from Downtown Dallas, Trinity Groves, and the Bishop Arts and Design Districts. This infill site benefits from significant infrastructure improvements, including the Margaret Hunt Hill and Margaret McDermott Bridges, and the DART Blue Line streetcar extension. The area is experiencing substantial redevelopment, with over 3,600 new multifamily units already constructed nearby, and the property sits within the Fort Worth Avenue Tax Increment Financing District, designed to incentivize high-density development. Surrounding economic drivers include Downtown Dallas, Trinity Groves, the Bishop Arts District, and numerous medical and entertainment destinations. The area's demographics are rapidly shifting towards higher-income young professionals, making this a compelling investment opportunity in one of Dallas's hottest markets. This site presents a unique chance to participate in the ongoing transformation of West Dallas and capitalize on its significant growth potential. The property's location offers easy access to any destination in the Dallas/Fort Worth metroplex.
Value Estimation
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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
- -96.8437
- Latitude
- 32.7652