1601 Ervay StDallas, TX 75215

  • Warehouses
  • 34,158 SF
For Lease

Property Details for 1601 Ervay St

Year built
1935
Construction
TILT-UP CONCRETE
Lot size
0.50 AC
Property size (Sq ft)
34,158 SF
Zone code
Z239
Property type
Warehouses
Property subtype
Self storage facilities
APN
000449000A0010100
APU
000449000A0010100

Description

This exceptional multi-use commercial property, located at 1601 S Ervay St in Dallas, Texas, 75215, presents a unique investment opportunity. The property boasts a total of 25,000 square feet across three buildings, each spanning two stories. Currently, the entire 25,000 square feet is available for lease, offering significant flexibility for a variety of commercial uses. Built in 1935, this historic property sits on a substantial 109,207 square foot lot, providing ample space for expansion or outdoor amenities. The buildings are configured to accommodate multiple tenants, with spaces ranging from approximately 2,430 square feet up to the entire 25,000 square foot footprint. The property is ideal for businesses seeking a prominent location in a vibrant Dallas neighborhood. Note that there are no elevators in the buildings. This is a rare chance to acquire a large, versatile commercial space in a highly desirable area of Dallas. The property's size and location make it suitable for a wide range of commercial ventures, from retail shops and restaurants to office spaces and creative studios. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,010,992
    Hospitality
    $5,506,036
    Educational
    $4,580,958
    Medical
    $4,738,504
    Retail
    $7,125,934
1601 Ervay St, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7711
Longitude
-96.7893
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,305
$656,940
$10,000
$666,940
-
$656,940
$10,000
$666,940

FAQs

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