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Property profile & analytics
OFF-MARKET
Land

1324 Al Lipscomb Way Dallas, TX 75215

Property ID
Property summary
AI-generated overview

This exceptional 43,040 square foot commercial land parcel is located at 1324 Al Lipscomb Way in Dallas, Texas, zip code 75215, within the vibrant Cedars District. The property is zoned PD 595 (FWMU-3) and offers significant development potential. The site boasts excellent visibility and accessibility, with high traffic counts on nearby I-45 (154,412 vehicles per day) and Corinth Street (12,752 vehicles per day). The land is comprised of two parcels, approximately 36,750 square feet and 6,290 square feet respectively. This prime location presents a unique opportunity for investors and developers seeking to capitalize on the growth and revitalization of the Cedars District. The area is experiencing significant residential and commercial development, creating a dynamic and thriving environment. This substantial land holding offers a blank canvas for a variety of commercial projects, taking advantage of the high traffic counts and the area's ongoing transformation. The property's size and zoning provide ample flexibility for a range of development possibilities. This is a rare opportunity to acquire a large, well-located commercial lot in a rapidly developing area of Dallas.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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