510 Good Latimer ExpyDallas, TX 75226
- Industrial properties
- 29,716 SF
Property Details for 510 Good Latimer Expy
- Year built
- 1963
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 29,716 SF
- Zone code
- Z239
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 103555000000
- APU
- 103555000000
Description
This exceptional investment opportunity presents a 310-unit apartment building located at 510 S Good Latimer Expy, Dallas, Texas, 75226. The property boasts a total of 24,320 square feet and is classified as Multifamily, Mixed Use with a permitted zoning of PD 357 - Subdistrict 7. This transit-oriented development is strategically situated across from the DART Deep Ellum commuter rail station, benefiting from excellent accessibility and connectivity. The development is part of a larger project that includes significant office, retail, and hotel components, creating a vibrant and dynamic mixed-use environment. The property's location within a rapidly developing area, coupled with a significant infrastructure improvement project by TxDOT, promises substantial future growth and increased property values. This project aims to connect the Fair Park and Deep Ellum submarkets, enhancing pedestrian accessibility and driving further economic development. The TxDOT initiative includes the construction of additional main and auxiliary lanes on I-30, along with frontage roads, bicycle lanes, and pedestrian accommodations, significantly improving traffic flow and overall infrastructure. This investment offers a unique opportunity to capitalize on the anticipated surge in residents and jobs resulting from this multi-billion dollar infrastructure project. The property's strong fundamentals and prime location make it an ideal investment for discerning buyers seeking exposure to Dallas's thriving real estate market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,229,306
- Hospitality
- $4,790,016
- Educational
- $3,985,237
- Medical
- $4,122,296
- Retail
- $6,199,258
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.7805
- Longitude
- -96.7851
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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