707 Marsalis Ave Dallas, TX 75203
- Apartment buildings
- 8,660 SF
- 0.45 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 707 Marsalis Ave
- Year built
- 1957
- Construction
- FRAME
- Lot size
- 0.45 lot acres
- Property size
- 8,660 SF
- Zone code
- Z239
- Property type
- Apartment buildings
- APN
- 249298000000
- APU
- 249298000000
Description
This exceptional 18,500 square foot commercial land parcel presents a unique investment opportunity in the vibrant city of Dallas, Texas. Located at 707 N. Marsalis Ave, Dallas, TX 75203, this property boasts a prime location within Dallas County. The lot is zoned WMU-5, offering a range of potential development options for discerning investors and businesses. Its substantial size provides ample space for a variety of commercial projects, from small-scale retail ventures to larger-scale developments. The address, 707 N. Marsalis Ave, places the property in a well-established area with convenient access to major transportation routes, ensuring high visibility and accessibility for any future development. This is a rare chance to acquire a sizable commercial lot in a thriving Texas market. The property's size and zoning make it ideal for entrepreneurs and developers seeking to establish a strong presence in the Dallas commercial landscape. Detailed zoning information and development guidelines are readily available upon request. This is a blank canvas for your next commercial venture. Don't miss this opportunity to secure a prime piece of Dallas real estate. The latitude and longitude coordinates are 32.7565168, -96.816178 respectively.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $605,000
- 7%
- $630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $670,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $525,000
- Retail
- $600,000
- Mixed-Use
- $680,000
- Hospitality
- $490,000
- Educational
- $540,000
- Residential Income
- $520,000
- Energy
- $685,000
- Income-Based Land
- $645,000
- Food Service
- $660,000
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.8161
- Latitude
- 32.7565
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
