132 R L Thornton Fwy Dallas, TX 75203
This exceptional retail property, encompassing 2.7 acres, enjoys a prime location in Dallas' vibrant Bishop Arts District. Situated at 132 & 140 E. 12th St. & 875 S. RL Thornton Fwy, the property benefits from convenient frontage along I-35, placing it within a half-mile radius of both the heart of Bishop Arts and a planned Central Market. Its MU-1 zoning allows for a variety of commercial uses. The property's proximity to the Southern Gateway Deck Park further enhances its appeal. The Bishop Arts District itself is renowned for its eclectic mix of over 60 boutiques, restaurants, bars, coffee shops, theaters, and art galleries, creating a thriving and highly sought-after commercial environment. This location offers a unique blend of historical charm and modern appeal, attracting a diverse clientele and fostering a vibrant community atmosphere. The area's diverse culinary scene, ranging from Texas BBQ to Vietnamese cuisine, and its lively nightlife, featuring everything from relaxed bars to live music venues like the Kessler Theater, contribute to its strong draw. This presents a significant opportunity for investors seeking a high-visibility location within a dynamic and rapidly growing district. The property's size and location make it ideal for a variety of retail ventures, capitalizing on the area's high foot traffic and strong local economy. The property's address is 132 & 140 E. 12th St. & 875 S. RL Thornton Fwy, Dallas, TX 75203.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.