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Property profile & analytics
FOR SALE
Commercial land

1615 Seegar St Dallas, TX 75215

0.57 ac lot
Individually Owned 22-yr Hold Free & Clear
Property ID
US82-2834548
Property summary
AI-generated overview

This exceptional multifamily investment property, located at 1615 Seegar St, Dallas, Texas 75215, presents a compelling opportunity for discerning investors. The property, encompassing a substantial 24,357 square feet, is classified as both multifamily and land, offering significant potential for development or continued operation as an apartment building. Situated in Dallas County, within the PD 317 Subdistrict 2 zoning designation, this property benefits from a well-established location in the vibrant city of Dallas. The precise nature of permitted uses under the PD 317 Subdistrict 2 zoning should be independently verified. The property's substantial size and multifamily classification suggest a strong potential for rental income generation. The address is 1615 Seegar St, Dallas, TX 75215, with GPS coordinates of 32.769212 latitude and -96.786681 longitude. This offering presents a rare chance to acquire a significant piece of Dallas real estate with considerable upside potential. Further due diligence is recommended to fully assess the property's potential and suitability for individual investment strategies. The property is currently offered for sale.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.57 ac (24,957 SF)
Zoning code Z239
APN 133528000000
UPID US82-2834548
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Carl Castillo · 22 yrs held
Carl Castillo
since 2004
2 recorded transactions
2004
Price N/A
2003
$49,910
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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