501 2nd Ave Dallas, TX 75226-1900
Property profile & analytics
501 2nd Ave Dallas, TX 75226-1900
- Showrooms
- 13,144 SF
- 1.58 lot acres
Property ID
US82-3428141
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Alexis with Harmony | Sleep Consulting and Newborn Education / Daycare Center / Foster Care Service
- Harmony Baby Concierge / Daycare Center / Foster Care Service
- Hickory Street Annex / Wedding Service
- TEAL Systems / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
Property Details for 501 2nd Ave
- Year built
- 1922
- Construction
- FRAME
- Lot size
- 1.58 lot acres
- Property size
- 13,144 SF
- Zone code
- Z239
- Property type
- Showrooms
- APN
- 129037000000
- APU
- 129037000000
Description
This exceptional 2,600-square-foot executive office space, located at 501 S Second Ave, Dallas, TX 75226, is situated within the historic Hickory Street Annex near Fair Park. Part of a larger 20,000-square-foot building, this single-tenant unit (A-100) sits on a 1.57-acre lot (68,738 sq ft) and is zoned for office and showroom use. The space boasts impressive 22-foot ceilings and has recently undergone renovations, including the addition of two new restrooms, state-of-the-art AV equipment, and two private conference rooms. Three reserved parking spaces are included among the building's total of 42 spaces. A kegerator and some existing furniture are available, offering immediate occupancy potential. The space is perfect for creative agencies, legal professionals, designers, or businesses requiring a unique showroom setting. A three-year lease is available. Some existing office furniture and AV equipment may be available for purchase separately from the current tenant. This property presents a rare opportunity to establish a business in a truly distinctive and inspiring environment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,890,000
- 6.5%
- $2,670,000
- 7%
- $2,480,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,888,000
Market price range: $745k - $3.34M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,995,000 Current use
- RESTAURANT
- $1,850,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.7727
- Latitude
- 32.7819
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,961
$1,460,750
$367,810
$1,828,560
-
$1,460,750
$367,810
$1,828,560
