123 Jefferson BlvdDallas, TX 75208

  • Retail properties
  • 3,700 SF
For Lease

Property Details for 123 Jefferson Blvd

Year built
1920
Construction
TILT-UP CONCRETE
Lot size
0.08 AC
Property size (Sq ft)
3,700 SF
Zone code
Z239
Property type
Retail properties
Property subtype
Strip malls
APN
256066000000
APU
256066000000

Description

This exceptional retail property, located at the northeast corner of Jefferson Boulevard and Zang Avenue, offers two available spaces, each encompassing 1,760 square feet. Ideally situated just south of the vibrant Bishop Arts District, this location benefits from high foot traffic and visibility. The total building size is 3,520 square feet, providing ample space for a variety of retail businesses. The property is available for lease, presenting a unique opportunity to establish a presence in a thriving commercial area. With over 550,000 annual visits within a 250-foot radius, this location guarantees significant exposure to potential customers. The property's strategic position at a major intersection ensures excellent accessibility and visibility for your business. Each individual space is a minimum of 1,760 square feet, offering substantial room for operations and inventory. The maximum contiguous space available is also 1,760 square feet. This is an excellent opportunity for businesses seeking a high-traffic, well-located retail space in a rapidly developing area of Dallas. Contact the listing agent for pricing and lease terms. This property is perfect for businesses looking to capitalize on the high volume of foot traffic and the strong community presence in the Bishop Arts District area. The property's layout is designed to maximize visibility and accessibility, making it an ideal location for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $927,641
    6.5%
    $856,284
    7%
    $795,121
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,017,395
    Geo Method
    $2,791,512
  • Alternative Use

    Use
    Valuation
    Residential
    $722,308
    Hospitality
    $661,630
    Educational
    $550,468
    Medical
    $569,400
    Retail
    $856,284
123 Jefferson Blvd, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7435
Longitude
-96.8238
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
$7,811
$91,400
$249,000
$340,400
-
$91,400
$249,000
$340,400

FAQs

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