2707 State St Dallas, TX 75204

This exceptional two-story, 7,125-square-foot office building in Dallas's vibrant Uptown district presents a compelling owner-user or investment opportunity. Built in 1987 and extensively renovated in 2019 ($200,000 investment), the property boasts a desirable location less than a mile from I-75, ensuring easy accessibility. The building is zoned PD 225 Historic District Core and features an ADA-compliant elevator. With a strong pro-forma cap rate of 10.47% and a pro-forma NOI of $261,844, this asset offers significant potential. The asking price is $2,500,000 ($350.88/sq ft). Situated in a high-income area, the property benefits from a densely populated area with approximately 379,172 residents within a five-mile radius and an average household income exceeding $150,717 within one mile. The 0.23-acre lot includes the main building and additional parking. This well-maintained Class B building is currently vacant, providing immediate occupancy for an owner-user or the opportunity to secure high-quality tenants. The property's prime location and recent renovations make it an attractive investment in a thriving Dallas submarket.