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2620 Jeffries Street

Dallas, TX 75215
  • $400,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 14704374
UPDATED: 82 min ago
$400,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Logan Waller of Waller Group Llc.

Description

The Waller Group is proud to present the 8,250 SF multifamily development opportunity located in an opportunity zone in the Fair Park neighborhood of Dallas, TX. The land is located within Planned Development District 363 (subarea 2), which is zoned for Multifamily development. There is the potential for the developer to achieve highest and best use with the land and optimize the site with 2 stories of residential units, totaling 16 units. Recent sales on adjacent property zoned exclusively for duplex construction was priced at $50,000 (7,500 SF lots), which equates to $25,000 per constructed unit. At $400,000, the subject land is priced at $25,000 per constructed unit, assuming 16 units are built.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-22T23:39:10.393.
www.rebdgroup.com/homes/123038630
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2620 Jeffries Street Dallas, TX 75215

  • Price: $400,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 82 min ago
  • MLS #: 14704374
0
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Barnes & Mitchells Grand Ave
County:
Dallas
Area:
Dallas
Elementary School:
Wheatley
High School:
Madison
School District:
Dallas ISD
Property Description
The Waller Group is proud to present the 8,250 SF multifamily development opportunity located in an opportunity zone in the Fair Park neighborhood of Dallas, TX. The land is located within Planned Development District 363 (subarea 2), which is zoned for Multifamily development. There is the potential for the developer to achieve highest and best use with the land and optimize the site with 2 stories of residential units, totaling 16 units. Recent sales on adjacent property zoned exclusively for duplex construction was priced at $50,000 (7,500 SF lots), which equates to $25,000 per constructed unit. At $400,000, the subject land is priced at $25,000 per constructed unit, assuming 16 units are built.
Exterior Features

Lot Description Interior Lot

Property Features

Ag Exemption No Development OtherZoned Easements Other HOA None Municipal Utility District No Other Utilities Other Utilities Possession Closing/Funding Primary School Brashear Property Type Lnd-Commercial Restrictions Unknown Encumbrance(S) Unexempt Taxes 783 Utilities Other Will Subdivide No Zoning Mixed ZoningMulti-FamilyOther

Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-22T23:39:10.393.
 
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Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Logan Waller of Waller Group Llc.