Price Reduced Listing
Description
A rare opportunity to acquire a strategically located urban infill development site in one of Dallas's most active redevelopment corridors.? The property was previously permit-approved for an approximately 20-unit residential development, demonstrating that the building envelope, parking configuration, site access, and overall development concept successfully completed the City's review process.? Buyers should independently verify the current status of permits and approvals with the City of Dallas.? The site carries PD-269 zoning - one of the most development-friendly districts in Dallas.? PD-269 allows zero-foot setbacks at the front, sides, and rear, up to 100% lot coverage, and building heights up to 200 feet - an exceptional envelope that supports high-density and vertical development rarely achievable on infill sites.? Buyers should independently confirm all zoning, setback, lot-coverage, and height standards under PD-269 with the City of Dallas.? A significant investment has already been made in architectural design; civil, structural, and MEP engineering; permitting; and pre-development planning - providing the potential to reduce entitlement timelines, lower soft costs, and accelerate project delivery compared with a typical raw land acquisition.? The previously City-approved permit plans and drawings will be made available to the buyer for reference, providing a clear, already-reviewed starting point for what can be built on the site.? A developer may elect to utilize the previously established development framework, or redesign the floor plans, unit mix, and overall product type to better align with current market demand, subject to City approval.? The property is also situated within approximately one-half mile of DART light rail; under current City of Dallas parking regulations, minimum parking requirements may be reduced or may not apply to sites in proximity to transit.? Buyers should independently confirm all applicable parking requirements.
Details
| MLS # | 21329810 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 124 |
| Listing Provided By | Compass RE Texas, LLC | Denise Johnson |
Features
| Zoning | PD 269 Opportunity Zone |
|---|---|
| Acreage | 0.16 |
Exterior
| Lot Features | Cleared |
|---|
Utilities
| Utilities | City Sewer, City Water, Concrete, Curbs, Electricity Available |
|---|
Taxes
| Unexempt Taxes | 6753 |
|---|---|
| Tax Lot | 3A |
| Tax Block | 6/813 |
| Tax Legal Description | HANSON'S EXPOSITION AVENUE BLK 6/813 LT 3A AC |
Area Information
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75226 |
| Area | Dallas |
| Community Name | Hansons Exposition Ave |
| School District | Dallas ISD |
| Elementary School | Dunbar |
| High School | Madison |
| Listing VS Median (in Hansons Exposition Ave) | |
Price: $749,000 low | high Med: $0 On site: 124 low | high Med: | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75226 |
| Area | Dallas |
| Community Name | Hansons Exposition Ave |
| School District | Dallas ISD |
| Elementary School | Dunbar |
| High School | Madison |
| Listing VS Median (in Hansons Exposition Ave) | |
Price: $749,000 low | high Med: $0 On site: 124 low | high Med: | |
