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Property profile & analytics
FOR SALE
Commercial real estate

4403 Gaston Ave Dallas, TX 75246

0.62 ac lot
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US82-5215657
Property summary
AI-generated overview

This exceptional 0.62-acre commercial land parcel, located at 4403 Gaston Ave in Dallas, Texas, presents a unique investment opportunity. Situated on a major thoroughfare with approximately 23,654 vehicles passing daily, this 27,116 square foot site boasts high visibility and excellent access. The property benefits from its location in a rapidly redeveloping area of East Dallas, just east of Highway 75, with over 3,400 new multifamily units in nearby developments. Its convenient proximity to Downtown Dallas, Baylor University Medical Center, Deep Ellum, and Uptown adds to its appeal. The PD 298 (Subarea 13) zoning allows for a variety of uses, including commercial service, multifamily, retail, restaurant, office, and hotel developments. The strong demographics, with approximately 20,370 people living within a one-mile radius and 130,506 within three miles, and an average household income of $77,475 within a three-mile radius, further enhance the property's potential. The area also features numerous established retailers, including Sam's Club, CVS Pharmacy, Walmart, Target, and Starbucks, providing a robust commercial environment. This infill site offers significant potential for developers seeking a prime location in a thriving East Dallas market. The zip code is 75246. Dallas County location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.62 ac (27,116 SF)
Zoning code Z239
APN 124147000100
UPID US82-5215657
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
MSC 1
MSC 1
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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