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Property profile & analytics
OFF-MARKET
Commercial real estate

506 12Th St Dallas, TX 75208

Property ID
US82-3004751
Property summary
AI-generated overview

This exceptional investment opportunity presents a combined 0.209-acre (9,113 sq ft) corner lot encompassing two parcels: 506 W 12th Street and 500 W 12th Street, in the desirable Dallas, Texas, 75208 zip code. The property boasts convenient access from W. 12th Street and S. Adams Avenue, with a back alley providing additional access. Zoned PD316, allowing for a variety of uses including residential, multi-family, office, mixed-use (medium density), commercial, and business services, this versatile lot offers limitless potential for development. Its prime location places it minutes from the vibrant Bishop Arts District, the upcoming Southern Gateway Park, and the Dallas Zoo, while also providing easy access to Downtown Dallas. The property's strategic corner location and flexible zoning make it an ideal choice for developers seeking a high-impact project in a rapidly growing area. Detailed site plans and zoning information are available upon request. The asking price for this combined lot is $260,000. Directions: Take exit 425 from I-35E, travel west on W Twelfth St for 0.5 miles. Then turn left on S. Adams St. The property is on the corner.

Property profile
Verified
Property type Commercial real estate
UPID US82-3004751
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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