1900 Mockingbird Ln Dallas, TX 75235-5206
This exceptional 2.63-acre industrial property in Dallas, Texas, presents a compelling redevelopment opportunity. Located in the thriving Southwestern Medical District, this site offers 39,100 square feet of existing industrial space currently 100% occupied, with leases expiring within two years, creating a favorable timeline for redevelopment. The property benefits from a Mixed-Use District 3 zoning designation, allowing for high-density development including retail, office, hotel, and/or multifamily residential uses. Its prime location provides excellent accessibility, situated just two miles from Dallas Love Field Airport and near major thoroughfares such as the Dallas North Tollway, Interstate 35, Highway 114, and Highway 183. The current industrial facility generates a Net Operating Income of $266,753, offering financial stability during the redevelopment process. The property's prominent hard corner location on Mockingbird and Harry Hines ensures seamless ingress and egress. This site's proximity to major hospital systems, within a district employing 42,178 people and accommodating 3.3 million clinic/ER visits annually, makes it one of the most attractive development sites in the submarket. Built in 1950, this property offers a unique chance to capitalize on the area's growth and demand. The existing building provides immediate income while redevelopment plans are finalized.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z151 · Dallas, TXDallas. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.