This exceptional 0.15-acre commercial lot, located at 609 Comal Street in Dallas, Texas, presents a compelling investment opportunity. Situated in the thriving Oak Cliff neighborhood, this property boasts a desirable location with close proximity to Downtown Dallas and the Bishop Arts District, offering excellent accessibility and high visibility. The lot measures 65 feet wide by 100 feet deep, totaling 6,500 square feet, and is zoned PD 468, WMU5, allowing for a variety of potential development projects. The asking price is $275,000, translating to a land value of $42 per square foot. Given the area's significant influx of development and redevelopment activity, this property represents a rare chance to acquire land in a rapidly appreciating market. The strategic location, combined with the favorable zoning and attractive price point, makes this an exceptional opportunity for investors and developers seeking to capitalize on the growth and potential of Oak Cliff. The property's address is 609 Comal Street, Dallas, TX 75203. This is a vacant lot ready for immediate development.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,242,776
Hospitality
$1,138,376
Educational
$947,116
Medical
$979,689
Retail
$1,473,291
Location Insight
City
Dallas
County
Dallas
State
Texas
Latitude
32.7575
Longitude
-96.815
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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