2605 Harwood StDallas, TX 75215

Property Details for 2605 Harwood St

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.66 AC

Property size (Sq ft)

2,500 SF

Zone code

Z239

Property type

Warehouses

Property subtype

Self storage facilities

APN

132118000000

APU

132118000000

Description

This exceptional redevelopment opportunity presents a 28,690 square foot lot in Dallas, Texas, featuring a 2,500 square foot renovated building. Located at 2605 S Harwood St, 75215, this property boasts a prime location less than one mile from the Downtown Dallas Farmers Market. The single-story, 1965-built warehouse, completely renovated in 2023, sits on a 28,690 square foot lot and is zoned MF2. The property features two dock-high doors, a 16-foot ceiling height, and is fully fenced with an 8-foot metal fence and two semi-truck gates. Offering frontage on four streets, this unique property provides unparalleled access and visibility. The asking price is $1,499,999 ($52.28 per square foot). This is a rare chance to acquire an entire city block with no adjacent neighbors, situated in an area experiencing significant ongoing development. The property's secure perimeter and convenient location make it an ideal investment for various redevelopment projects. This is a truly exceptional opportunity to capitalize on the growth and potential of this dynamic Dallas neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $859,759

  6.5%

  $793,624

  7%

  $736,937

• Comparable approach

  Method

  Valuation

  Relative Method

  $401,528

  Geo Method

  $1,197,560

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $406,577

  Mixed-Use / Specialty

  $404,821

  Hospitality / Lodging

  $296,604

  Office

  $402,096

  Institutional / Educational

  $420,741

  Residential Income

  $492,266

  Multifamily

  $592,099

  Automotive / Energy

  $360,635

  Parking / Income-Based Land

  $124,754

  Restaurant / Food Service

  $209,895

  Healthcare / Senior Housing

  $415,451

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7669

Longitude

-96.7794

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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