This exceptional Deep Ellum property at 2800 Commerce Street, Dallas, TX 75226, offers 11,234 square feet of retail and restaurant space, fully vacant and ready for immediate occupancy. The two-story building, renovated in 2024, features three suites, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 11,234 square feet. One suite boasts a roughly 3,500 square foot rooftop deck, while another offers a patio overlooking Blues Alley. The building includes one elevator and is conveniently located at the intersection of Commerce Street and South Crowdus Street, within the PD-269 zoning district. Its prime location in Deep Ellum's vibrant entertainment district provides walkable access to over 350 businesses, benefiting from a high volume of local and tourist traffic. Nearby developments include Class AA office space, a hotel, and high-end residential units, further enhancing the area's appeal and foot traffic. This presents a unique chance to establish a presence in Dallas's dynamic live-work-play neighborhood. The building's flexible layout allows for customization to suit various business needs, making it an ideal location for restaurants, offices, or a combination thereof. Don't miss this opportunity to be part of Deep Ellum's newest retail development.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,225,540
6.5%
$2,054,350
7%
$1,907,610
Comparable approach
Method
Valuation
Relative Method
$1,335,660
Geo Method
$3,681,590
Alternative Use
Use
Valuation
Industrial / Distribution
$4,024,050
Mixed-Use / Specialty
$2,039,800
Hospitality / Lodging
$1,487,130
Office
$2,020,160
Institutional / Educational
$2,117,990
Residential Income
$2,478,050
Multifamily
$3,012,080
Automotive / Energy
$1,815,420
Parking / Income-Based Land
$633,615
Restaurant / Food Service
$1,045,500
Healthcare / Senior Housing
$2,099,180
Location Insight
City
Dallas
County
Dallas
State
Texas
Latitude
32.783
Longitude
-96.7829
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Commerce St Dallas, TX 75226
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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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