904 Cadiz St Dallas, TX 75215
This exceptional 1,860-square-foot retail property, located at 904 Cadiz St in Dallas, Texas, presents a unique investment opportunity. Built in 1939, this vacant building is a designated Dallas historical landmark, boasting striking Art Deco architecture including a 35-foot stepped tower, stucco masonry, and black ceramic tile. Situated on a 0.19-acre lot in the Cedars neighborhood, it benefits from highly visible corner placement and a thriving urban environment. The property's flexible zoning allows for diverse uses, catering to live/work concepts and aligning with the area's focus on economic development and job creation. Its location offers excellent walkability (Walk Score: 73) and transit access (Transit Score: 72), further enhancing its appeal. The asking price is $3,499,999. The property is within an Opportunity Zone, providing potential tax advantages for investors. Gated parking is available. This is a rare chance to acquire a piece of Dallas history and capitalize on the area's revitalization. The building's historical overlay district designation adds to its unique character and investment potential. The property's proximity to downtown Dallas offers exceptional skyline views and easy access to the city's amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.