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2102 Cesar Chavez Blvd Dallas, TX 75215

OFF-MARKET Distribution centers Google Maps
50,110 SF 1.39 ac lot Built 1940
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$1.44M
Range $1.29M – $1.58M (±10%)
Property ID US83-3411293

Property summary

AI-generated overview

This exceptional industrial property, located at 2102 S. Cesar Chavez in Dallas, Texas, presents a rare investment opportunity. The 60,548 square foot warehouse boasts a unique two-story design, complete with convenient ramp and dock door access. Its prime location just south of I-30 in Downtown Dallas offers unparalleled connectivity and accessibility. The property's history as a former nightclub/event center adds to its character, while significant recent upgrades enhance its functionality. These improvements include approximately 20,000 square feet of former refrigerated rooms, a substantial 200-ton new HVAC system, and $250,000 in new tile work. The building is zoned PD - 317 (Subdistrict 4) and offers a net rentable area of 59,710 square feet, making it suitable for a variety of industrial uses. Its proximity to the Dallas Farmer's Market provides additional appeal and potential for synergistic business opportunities. This multi-tenant warehouse is ready for immediate occupancy and presents a compelling investment prospect in a thriving Dallas location. The property is situated in Dallas County, Texas, with a zip code of 75226.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1940
Construction FRAME
Total area 50,110 SF
Lot 1.39 ac (60,548 SF)
Zoning code Z239
APN 131851000000
UPID US83-3411293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2020
Price N/A
2017
Price N/A
2012
Price N/A
2010
Price N/A
2009
Price N/A

Zoning & alternative use

Z239 · Dallas, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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