3519 Miles St Dallas, TX 75209
For Sale
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This exceptional Dallas office building, totaling 3,500 square feet, presents a rare investment opportunity in the highly desirable Oak Lawn area. Situated on a 6,815 square foot lot at 3519 Miles St, Dallas, TX 75209, this property boasts two units within two single-story buildings constructed in 1948 and renovated in 2008 and 2010. The property benefits from a coveted location near the intersection of Lemmon Ave and Inwood Rd, a major business corridor with extremely low commercial vacancy. Its proximity to the Park Cities, Dallas Love Field Airport, and the Medical District ensures high visibility and access to a strong demographic. The area features high traffic counts, with approximately 38,190 vehicles daily on Lemmon Ave, and a population of approximately 157,076 within a 3-mile radius, boasting an average household income exceeding double the national average. Nearby amenities include Lowe's, Bank of America, Starbucks, CVS Pharmacy, and several luxury car dealerships. The property is zoned PD 193 and features convenient access to major thoroughfares, including the Dallas North Tollway. Adjacent to new housing developments, this infill location offers exceptional potential for growth and return on investment. The property's net rentable area is 3,500 square feet. This is a unique opportunity to acquire a well-located, income-producing asset in a thriving Dallas neighborhood.
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Mitchell & Mark PC Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.