1212--1208 Riverfront Blvd Dallas, TX 75207
This exceptional commercial assemblage in Dallas' Design District offers four buildings totaling 16,952 net rentable square feet on a 0.48-acre lot. Boasting stunning city and park views, this mixed-use property (office and retail) includes two renovated buildings (2018-2019) totaling 12,164 square feet, featuring high-end finishes and modern amenities. One building showcases a luxurious 4,118 sq ft showroom, while another offers a unique 8,046 sq ft live/work space with multiple bedrooms, bathrooms, and a rooftop deck. Two additional buildings, totaling 4,788 sq ft, present redevelopment opportunities. The property benefits from PD784 zoning, allowing for up to 240 feet in height with no side or rear setbacks, making it highly attractive for future development. The location is unparalleled, backing onto a new 17-acre wetlands park and across from a large, newly developed park. This presents a compelling value-add investment opportunity for owner-users seeking a prime location with significant upside potential. The property's proximity to major developments and transportation corridors further enhances its desirability. The buildings were constructed in 1947, 1950, and 1957. Currently vacant, this property is priced at $5,975,000. An additional 12,225 square feet of adjacent land is also available for purchase.
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.
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Risks
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