2700 Live Oak St Dallas, TX 75204

This exceptional 26,494-square-foot mixed-use property in Dallas, Texas, presents a rare redevelopment opportunity. Situated on 1.05 acres at 2700 Live Oak St, and including parcels at 612 Cantegral St and 2720 Union Alley St, the property boasts two buildings, two stories, and is currently 100% occupied. The existing structure includes 15 residential units (studios to two-bedrooms) and two retail storefronts with short-term, below-market leases. The property features on-site parking with controlled access and gated entries. Zoned PD 298 (Subarea 10), it allows for a maximum build height of 100 feet, a 3:1 floor-area-ratio, and 90% lot coverage, ideal for vertical development. This prime location in the rapidly growing Old East Dallas neighborhood, adjacent to Deep Ellum, offers unparalleled access to nearby amenities, including numerous restaurants, shops, live music venues, and the DART train system. The area is experiencing significant growth, with several new Class A developments underway, including high-rise residential complexes and substantial office space. The property's strong NOI of $307,523 and its strategic location within a thriving commercial real estate market make this a compelling investment for developers seeking high returns. The fee-simple ownership provides complete control and flexibility for future development plans. This is a unique chance to capitalize on the escalating demand for housing and retail in one of Dallas's most dynamic neighborhoods.