1309 Newport AveDallas, TX 75224

  • Specialty properties
  • 10,908 SF
For Sale
$1,750,000 View listing

Property Details for 1309 Newport Ave

Year built
1953
Construction
TILT-UP CONCRETE
Lot size
0.76 AC
Property size (Sq ft)
10,908 SF
Zone code
Z59
Property type
Specialty properties
APN
314024000000
APU
314024000000

Description

This exceptional 10,908 square foot office building, situated on a 0.76-acre lot at 1309 Newport Avenue in Dallas, Texas, presents a unique investment opportunity. Currently configured as a Masonic Lodge, this adaptable property is ideally suited for a variety of uses, including an event center, church, or community center. Its prime location within the Elmwood Redevelopment district offers significant potential for growth and appreciation. The building boasts two expansive gathering rooms, perfect for large-scale events or congregations. A sizable dining hall provides ample space for gatherings and functions. Additional features include a welcoming foyer, multiple offices for administrative needs, and substantial storage rooms for efficient organization. Upstairs, a tranquil library and several study rooms offer quiet spaces for contemplation or focused work. The building's substantial size and versatile layout provide a blank canvas for creative adaptation and redevelopment, making it an attractive proposition for investors seeking a high-impact property in a rapidly developing area of Dallas. The property's substantial size and versatile layout offer significant potential for a variety of uses. This is a rare opportunity to acquire a substantial property in a desirable location with significant redevelopment potential. Further details and information are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,129,441
    Hospitality
    $1,950,556
    Educational
    $1,622,840
    Medical
    $1,678,652
    Retail
    $2,524,418
1309 Newport Ave, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7259
Longitude
-96.844
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
-
$66,130
$95,120
$161,250
-
$66,130
$95,120
$161,250

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