2212 Davis StDallas, TX 75208

Property Details for 2212 Davis St

Year built

1949

Construction

FRAME

Lot size

1.04 AC

Property size (Sq ft)

20,800 SF

Zone code

Z239

Property type

Apartment buildings

APN

328537000000

APU

328537000000

Description

This exceptional West Dallas property presents a compelling development opportunity encompassing a substantial land parcel and an existing building. Located at 2212 W. Davis St., Dallas, TX 75208, this ±45,189 square foot lot is zoned PD 830 (Subdistrict 6), offering significant potential for redevelopment or repurposing. The existing multifamily apartment building on the site comprises approximately 20,800 square feet, providing immediate income potential or a foundation for a larger-scale project. The property's strategic location in Dallas County, Texas, offers easy access to major transportation arteries and a vibrant urban environment. This is an ideal investment for developers seeking to capitalize on the burgeoning West Dallas market. The substantial lot size and existing building structure provide flexibility for a range of development scenarios, from renovations and expansions to entirely new constructions. This prime piece of real estate presents a rare chance to acquire a significant holding in a rapidly appreciating area. Detailed zoning information and site plans are available upon request. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $4,398,918

  6.5%

  $4,060,540

  7%

  $3,770,502

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,517,892

  Geo Method

  $9,652,334

• Alternative Use

  Use

  Valuation

  Residential

  $4,060,540

  Hospitality

  $3,719,433

  Educational

  $3,094,524

  Medical

  $3,200,950

  Retail

  $4,813,705

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7492

Longitude

-96.8548

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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