2103 11Th StDallas, TX 75203

Property Details for 2103 11Th St

Year built

1938

Construction

FRAME

Lot size

0.12 AC

Property size (Sq ft)

3,225 SF

Zone code

Z239

Property type

Gas stations

APN

333175000000

APU

333175000000

Description

This exceptional 3,225 square foot commercial property, situated on a 0.12-acre lot at 2103 E 11th Street in Dallas, Texas, presents a unique investment opportunity. Its strategic location between Interstates 35 and 45, near the Dallas Zoo, offers excellent visibility and accessibility. Currently utilized as an automotive shop, the property's zoning allows for a wide range of commercial uses, making it ideal for entrepreneurs and investors seeking a versatile space. The property comprises two combined parcels, one residentially zoned and one commercially zoned, adding to its flexibility and potential. Detailed information regarding the property's zoning and planning permissions from the Dallas Planning and Zoning department is readily available. While currently owner-occupied, generating no lease income, the property's potential for future income generation is significant. Buyers are encouraged to explore the diverse possibilities this location offers, subject to City of Dallas approval based on existing commercial zoning regulations. All provided information is believed to be accurate, but verification by the buyer is recommended.

• CAP approach

  CAP return

  Valuation

  6%

  $791,756

  6.5%

  $730,852

  7%

  $678,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $872,017

  Geo Method

  $2,433,142

• Alternative Use

  Use

  Valuation

  Residential

  $616,501

  Hospitality

  $564,712

  Educational

  $469,833

  Medical

  $485,992

  Retail

  $730,852

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7466

Longitude

-96.7947

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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