Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1021 Jefferson Blvd Dallas, TX 75203

    • Commercial land
    • 1,164 SF
    • 0.24 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2914142
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 1021 Jefferson Blvd

    Year built
    1945
    Construction
    WOOD FRAME
    Lot size
    0.24 lot acres
    Property size
    1,164 SF
    Zone code
    Z239
    Property type
    Commercial land
    APN
    250468000000
    APU
    250468000000

    Description

    This exceptional 10,474 square foot commercial land parcel presents a unique investment opportunity in the heart of Dallas, Texas. Situated at 1021 E. Jefferson Blvd., this property is zoned PD-468 (Subdistrict D-TR3), offering considerable development potential. The expansive lot provides ample space for a variety of commercial ventures, catering to diverse business needs. Its strategic location within Dallas County, zip code 75203, ensures excellent accessibility and high visibility. The property's coordinates are 32.7536733 latitude and -96.8112123 longitude, facilitating easy location identification and site analysis. This prime location offers significant advantages for businesses seeking a prominent presence in a thriving urban environment. The substantial size of the lot allows for flexible development plans, accommodating various building sizes and configurations. The PD-468 zoning designation provides specific guidelines for permitted uses, ensuring compliance and streamlining the development process. This is an exceptional opportunity to acquire a significant commercial land holding in a dynamic and rapidly growing area of Dallas. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8112
    Latitude
    32.7536
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,948
    $259,180
    $0.00
    $259,180
    -
    $259,180
    $0.00
    $259,180

    Comparable in this City

    • Value Estimation by Request
      2.75 Acres

      1115 Sargent Rd

      VACANT COMMERCIAL LAND • 2.75 Acres
      1115 Sargent Rd, Dallas, TX 75203
      View Details
    • Value Estimation by Request
      46.82 Acres

      2600 Sargent Rd

      VACANT COMMERCIAL LAND • 46.82 Acres
      2600 Sargent Rd, Dallas, TX 75203
      View Details
    • Value Estimation by Request
      3.38 Acres

      1500 Sargent Rd

      VACANT COMMERCIAL LAND • 3.38 Acres
      1500 Sargent Rd, Dallas, TX 75203
      View Details
    • Value Estimation by Request
      0.19 Acres

      359 Upton St

      VACANT COMMERCIAL LAND • 0.19 Acres
      359 Upton St, Dallas, TX 75203
      View Details
    • Value Estimation by Request
      0.09 Acres

      355 Upton St

      VACANT COMMERCIAL LAND • 0.09 Acres
      355 Upton St, Dallas, TX 75203
      View Details
    • Value Estimation by Request
      0.11 Acres

      211 Chaney St

      VACANT COMMERCIAL LAND • 0.11 Acres
      211 Chaney St, Dallas, TX 75203
      View Details

    Similar Nearby for Sale

    • $1,600,000
      16,472 SF

      Bishop Arts District Pad Site

      Prime 0.38-acre site in Dallas' vibrant Bishop Arts District.
      423 N Beckley Ave, Dallas, TX 75203
      View Details
    • $99,000
      0.20 Acres

      Dallas Land Ready For Development

      Five contiguous lots in Dallas Opportunity Zone for immediate development.
      1104 E 9Th St, Dallas, TX 75203
      View Details
    • $83,990
      0.06 Acres

      Corner Lot in South Dallas

      Strategically located corner lot in the heart of South Dallas.
      3117 Cedar Crest Blvd, Dallas, TX 75203
      View Details
    • $130,000
      0.17 Acres

      Dallas Commercial Retail Vacant Lot

      Commercial Retail zoned vacant lot in prime Dallas location.
      1315 Morrell Ave, Dallas, TX 75203
      View Details
    • Contact for pricing
      0.12 Acres

      Commercial Land in Dallas, TX

      Unimproved commercial land available in Dallas, Texas.
      1714 Parkway Ave, Dallas, TX 75203
      View Details
    • $1,600,000

      Land Near Cadillac Heights

      Approximately 11 acres of land near Cadillac Heights.
      1001 Sargent Rd, Dallas, TX 75203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,472 SF

      Bishop Arts District Pad Site

      Prime Retail Land, 0.38 Acres
      423 Beckley Ave, Dallas, TX 75203
      View Details
    • Contact for pricing
      31,594 SF

      Plano Executive Office Space

      Prime Plano Office: 5,388 SF Available
      3409 Central Expy, Dallas, TX 75203
      View Details
    • $3,350 /Mo

      Luxury 4-Story Modern Townhome

      Stunning, brand new 3-bedroom townhome with rooftop terrace and garage.
      604 N Ewing Ave, Dallas, TX 75203
      View Details
    • $1,495 /Mo
      850 SF

      Retail and Office Space Available

      Small market spaces suitable for unique shops with restaurant anchor.
      369 W Jefferson Blvd, Dallas, TX 75203
      View Details
    • Contact for pricing
      182,693 SF

      Industrial Distribution Center Available

      182,693 SF industrial space for lease in Dallas, TX.
      10820 Bonnie View Rd, Dallas, TX 75203
      View Details
    • Contact for pricing
      181,373 SF

      Industrial Distribution Center for Lease

      182,693 SF industrial space available for lease.
      10710 Bonnie View Rd, Dallas, TX 75203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1021 Jefferson Blvd
    Dallas, TX 75203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.