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Property profile & analytics
OFF-MARKET Estimated value $400,000
Distribution centers

1212 Riverfront Blvd 101 Dallas, TX 75207-4703

4,118 SF 0.23 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Property ID
US82-9940996
Property summary
AI-generated overview

This exceptional 8,046-square-foot mixed-use building, renovated in 2018, presents a unique investment opportunity in Dallas' Design District. The property boasts a desirable Class A designation and features two stories, each approximately 4,023 square feet, with separate entrances. The building's thoughtful layout includes multiple offices, open flex space, two full chef's kitchens, and five bathrooms. High-end finishes blend seamlessly with original character details such as exposed brick walls, wood beam ceilings, and warehouse-style windows. The first floor offers a balcony with downtown views, a two-car garage, loading area, a 17-foot dock door, and a hydraulic lift to the second level. The second floor features open living and dining areas, a full chef's kitchen, and a massive rooftop deck providing spectacular city and park views. Modern amenities include a new roof, electrical, plumbing, tankless hot water, four Carrier HVAC units, media wiring, speakers, and a full laundry. The property sits on a 9,900-square-foot lot and benefits from PD 784 zoning, allowing for up to 240 feet in height with no side or rear setbacks. Currently vacant, the building is ready for immediate occupancy, starting February 1, 2024. Its prime location offers unparalleled access to the new Trinity River Park, the Dallas Water Commons, and other significant nearby developments. The asking price is $3,195,000, with additional contiguous properties and land available for purchase.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1950
Construction TILT-UP CONCRETE
Total area 4,118 SF
Lot 0.23 ac (9,900 SF)
Zoning code Z239
APN 00C68940000010100
UPID US82-9940996
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
Current use
Occupant on record · Public records
  • Runway Proptech (Bike/Boat/Book/etc) Store Corporate Office
  • TexasRose.Hair Hair Salon
  • Ranger Waste Management General Contractor Waste Management Facility
  • Same Day Dumpster Rental Dallas Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k
Owner & transaction history
1212 SOUTH RIVERFRONT BLVD TRUST
1212 SOUTH RIVERFRONT BLVD TRUST
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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