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Property profile & analytics
OFF-MARKET
Specialty properties

2710 Pierce St Dallas, TX 75233-1534

5,700 SF 0.53 ac lot Built 1973
Trust Owned 6-yr Hold Free & Clear
Property ID
US82-4459323
Property summary
AI-generated overview

This exceptional 5,700-square-foot mixed-use property, situated on a 0.525-acre lot in Dallas's vibrant Oak Cliff neighborhood, presents a unique owner-user opportunity. The building, constructed in 1973, offers a flexible layout encompassing two large open-plan areas, private offices, a full kitchen, and separate men's and women's restrooms. Its adaptability makes it suitable for various uses, including office space, light industrial operations, retail ventures, or even religious or fraternal organizations. The property boasts 36 off-street parking spaces and is secured by a 6-foot concrete fence, ensuring both convenience and privacy. Priced at $875,000 ($153/sq ft), it features a pro-forma cap rate of 9.56% and a pro-forma NOI of $83,673. The land value is $38 per square foot. Its prime location, minutes from downtown Dallas and the Bishop Arts District, provides excellent accessibility via major highways, including I-35E and Loop 12. This vacant, single-story building presents a compelling investment opportunity in a rapidly growing commercial market. The property is classified as Class B and is offered as a fee-simple ownership.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1973
Construction STEEL FRAME
Total area 5,700 SF
Lot 0.53 ac (22,878 SF)
Zoning code Z298
APN 490462000000
UPID US82-4459323
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mike H Thomas Masonic Lodge and George B. Dealey Lodge #1312 Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Button,david R Living Trust · 6 yrs held
Button,david R Living Trust
since 2020
3 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
Zoning & alternative use
Z298 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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