1324 Al Lipscomb Way Dallas, TX 75215
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.