2700 Live Oak StDallas, TX 75204

Property Details for 2700 Live Oak St

Year built

1928

Construction

TILT-UP CONCRETE

Lot size

0.42 AC

Property size (Sq ft)

19,645 SF

Zone code

Z239

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

107488000000

APU

107488000000

Description

This exceptional 26,494-square-foot mixed-use property in Dallas, Texas, presents a rare redevelopment opportunity. Situated on 1.05 acres at 2700 Live Oak St, and including parcels at 612 Cantegral St and 2720 Union Alley St, the property boasts two buildings, two stories, and is currently 100% occupied. The existing structure includes 15 residential units (studios to two-bedrooms) and two retail storefronts with short-term, below-market leases. The property features on-site parking with controlled access and gated entries. Zoned PD 298 (Subarea 10), it allows for a maximum build height of 100 feet, a 3:1 floor-area-ratio, and 90% lot coverage, ideal for vertical development. This prime location in the rapidly growing Old East Dallas neighborhood, adjacent to Deep Ellum, offers unparalleled access to nearby amenities, including numerous restaurants, shops, live music venues, and the DART train system. The area is experiencing significant growth, with several new Class A developments underway, including high-rise residential complexes and substantial office space. The property's strong NOI of $307,523 and its strategic location within a thriving commercial real estate market make this a compelling investment for developers seeking high returns. The fee-simple ownership provides complete control and flexibility for future development plans. This is a unique chance to capitalize on the escalating demand for housing and retail in one of Dallas's most dynamic neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $3,745,138

  6.5%

  $3,457,050

  7%

  $3,210,118

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,056,609

  Geo Method

  $9,116,351

• Alternative Use

  Use

  Valuation

  Residential

  $3,457,050

  Hospitality

  $3,166,640

  Educational

  $2,634,607

  Medical

  $2,725,215

  Retail

  $4,098,278

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.7885

Longitude

-96.7889

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].