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4004 S Denley Dr Dallas, TX 75216

Commercial land Google Maps
4,800 SF 0.56 ac lot Built 1978
Entity Owned Free & Clear
Estimated value (blended)
$615k
Range $554k – $677k (±10%)
Property ID US82-3303618

Property summary

AI-generated overview

This exceptional 24,380 square foot multifamily property, located at 4002 S Denley Dr, Dallas, TX 75216, presents a compelling investment opportunity. Situated on a sizable 0.56-acre lot in Dallas County, this apartment building offers significant potential for growth and development. The property's strategic location provides convenient access to public transportation, with proximity to a Dart Station and the VA Hospital. The large lot size allows for future expansion, with possibilities including the development of additional multifamily units or a condo complex. The property boasts a substantial square footage, providing ample space for current operations and future development. Importantly, this property is not located in a flood zone, mitigating potential risk. The asking price is $235,000. This is a rare opportunity to acquire a well-situated multifamily property with considerable upside potential in a thriving Dallas neighborhood. The property's size and location make it an ideal investment for both seasoned and emerging real estate investors seeking strong returns. Detailed financial information is available upon request.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1978
Construction WOOD FRAME
Total area 4,800 SF
Lot 0.56 ac (24,500 SF)
Zoning code Z413
APN 316873000000
UPID US82-3303618

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
  • Church

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$580k
Blend (final) Blend
$615k

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2026
$190,000
2025
Price N/A
2023
Price N/A

Zoning & alternative use

Z413 · 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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