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Property profile & analytics
OFF-MARKET Estimated value $2,780,000
Showrooms

501 2nd Ave Dallas, TX 75226-1900

13,144 SF 1.58 ac lot Built 1922
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-3428141
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1922
Construction FRAME
Total area 13,144 SF
Lot 1.58 ac (68,738 SF)
Zoning code Z239
APN 129037000000
UPID US82-3428141
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.67M
Comparable Approach Comparable
$2.89M
Blend (final) Blend
$2.78M
Owner & transaction history
Kaelson Co Properties INC · 9 yrs held
Kaelson Co Properties INC
since 2016
6 recorded transactions
2016
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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