1200 Belleview StDallas, TX 75215

Property Details for 1200 Belleview St

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

0.97 AC

Property size (Sq ft)

13,430 SF

Zone code

Z239

Property type

Banks

APN

133354000000

APU

133354000000

Description

This exceptional mixed-use property, located at 1200 Powhattan St. & 1201, 1213 and 1225 Belleview St. in Dallas, Texas, presents a compelling investment opportunity. The property boasts a substantial 10,284 square feet of space situated on a generous 39,721 square foot lot. Its strategic location within Dallas County, zip code 75215, offers excellent access to key transportation routes and amenities. The property is zoned PD 317, allowing for a variety of commercial uses, making it ideal for developers seeking to capitalize on the vibrant Dallas market. The existing structure provides a solid foundation for redevelopment or repurposing, offering significant potential for increased value and return on investment. This is a rare chance to acquire a sizable mixed-use property in a prime Dallas location with considerable development potential. The property's size and zoning provide flexibility for a wide range of commercial ventures, ensuring a strong return for the discerning investor. Serious inquiries are encouraged to explore the full potential of this unique opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,366,140

  6.5%

  $2,184,130

  7%

  $2,028,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,402,060

  Geo Method

  $4,181,640

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,263,350

  Mixed-Use / Specialty

  $2,174,700

  Hospitality / Lodging

  $1,593,360

  Office

  $2,160,060

  Institutional / Educational

  $2,260,220

  Residential Income

  $2,644,460

  Multifamily

  $3,180,760

  Automotive / Energy

  $1,937,330

  Parking / Income-Based Land

  $670,178

  Restaurant / Food Service

  $1,127,560

  Healthcare / Senior Housing

  $2,231,800

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7697

Longitude

-96.7931

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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