123 Jefferson BlvdDallas, TX 75208

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

Strip malls

Property subtype

Neighborhood centers

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.

• 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

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

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