703 Mckinney AveDallas, TX 75202

  • Land
  • 0.10 AC
For Sale

Property Details for 703 Mckinney Ave

Lot size
0.10 AC
Zone code
Z239
Property type
Land
Property subtype
Commercial land
APN
000405000101A0100
APU
000405000101A0100

Description

This prominent 3.63-acre property, located at 703 McKinney Ave, Dallas, TX 75202, presents a unique urban redevelopment and investment opportunity in the highly sought-after Victory Park neighborhood. The Brewery, a four-story building (141,612 square feet) built in 1925 and renovated in 2020, sits at the junction of Woodall Rodgers and Interstate 35, offering unparalleled visibility and access. The property boasts 236 parking spaces and is zoned PD 193, with a base zoning of CA-2. Currently vacant, this landmark site offers a flexible and high-density zoning, allowing for a variety of development options. Its location provides walkability to Victory Plaza, American Airlines Center, House of Blues, numerous restaurants, and more. Surrounded by over $1 billion in new developments, including the Union and Northend projects, this property benefits from significant growth and increased traffic in the Uptown Dallas area. The potential for dramatic 360-degree rooftop views of Dallas adds to its exceptional appeal. Previous tenant improvements totaled $17 million. This is a truly exceptional opportunity for developers and investors seeking a high-visibility, landmark property in a thriving urban environment. The APN is 000405000101A0000. The property is suitable for retail, multifamily, and office uses, previously operating as a restaurant and medical office.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $749,658
    Hospitality
    $686,683
    Educational
    $571,312
    Medical
    $590,960
    Retail
    $888,708
703 Mckinney Ave, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7837
Longitude
-96.8105
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
-
$639,000
-
$639,000
-
$639,000
-
$639,000

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