2016 Ervay St Dallas, TX 75215
This exceptional 66,799 square foot land parcel presents a unique investment opportunity in Dallas, Texas. Located at the intersection of Corinth Street and Ervay Street, in the heart of Dallas County, zip code 75215, this property is zoned PD 317 (Subdistrict 2) Mixed Use Corridors, offering significant development potential. The site's strategic location is poised to benefit from substantial infrastructure improvements, including enhanced connectivity to the future high-speed rail station, Trinity Strand Trail, and Loop Trail via planned hike and bike trails, pedestrian bridges, and streetcar access. This area is targeted for revitalization, addressing a critical need for green space and community resources in underserved neighborhoods. The property's proximity to planned improvements and the potential for positive community impact makes this a compelling investment for developers seeking to contribute to the city's growth while addressing social and environmental needs. The site's size and zoning allow for a wide range of development possibilities, from residential to commercial, potentially including retail, healthcare, or educational facilities. This is a chance to be part of a transformative project in a rapidly evolving area of Dallas. The property includes multiple addresses: 2016 S Ervay St, 1709 Corinth St, and 1800 Lear St, all within the 75215 zip code. This prime location offers unparalleled potential for significant return on investment.
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
Z239 · 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.