2710 Pierce StDallas, TX 75233

  • Specialty properties
  • 5,700 SF
For Sale
$875,000 View listing

Property Details for 2710 Pierce St

Year built
1973
Construction
STEEL FRAME
Lot size
0.53 AC
Property size (Sq ft)
5,700 SF
Zone code
Z298
Property type
Specialty properties
APN
490462000000
APU
490462000000

Description

This exceptional 5,700-square-foot mixed-use property, situated on a 0.525-acre lot in Dallas's vibrant Oak Cliff neighborhood, presents a unique owner-user opportunity. The building, constructed in 1973, offers a flexible layout encompassing two large open-plan areas, private offices, a full kitchen, and separate men's and women's restrooms. Its adaptability makes it suitable for various uses, including office space, light industrial operations, retail ventures, or even religious or fraternal organizations. The property boasts 36 off-street parking spaces and is secured by a 6-foot concrete fence, ensuring both convenience and privacy. Priced at $875,000 ($153/sq ft), it features a pro-forma cap rate of 9.56% and a pro-forma NOI of $83,673. The land value is $38 per square foot. Its prime location, minutes from downtown Dallas and the Bishop Arts District, provides excellent accessibility via major highways, including I-35E and Loop 12. This vacant, single-story building presents a compelling investment opportunity in a rapidly growing commercial market. The property is classified as Class B and is offered as a fee-simple ownership.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,112,744
    Hospitality
    $1,019,268
    Educational
    $848,019
    Medical
    $877,183
    Retail
    $1,319,140

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7179
Longitude
-96.8654
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
$3,442
$45,760
$104,240
$150,000
-
$45,760
$104,240
$150,000

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].