NEW! Buy and sell safely with virtual options - Learn More
About the Listing CMPS02 - 0587659,0753089
A rare opportunity to acquire a strategically located urban infill development site in one of Dallas's most active redevelopment corridors. The site is located within a federally designated Qualified Opportunity Zone. An investment made through a Qualified Opportunity Fund and held for at least 10 years may be eligible for elimination of federal capital gains tax on the appreciation of that investment. The property was previously permit-approved for an approximately 20-unit residential development, demonstrating that the building envelope, parking configuration, site access, and overall development concept successfully completed the City's review process. The site offers exceptional flexibility for today's market. A developer may elect to utilize the previously established development framework, or redesign the floor plans, unit mix, and overall product type to better align with current market demand, subject to City approval. The property is also situated within approximately one-half mile of DART light rail. Under current City of Dallas parking regulations, minimum parking requirements may be reduced or may not apply to sites in proximity to transit. This property is well suited for developers, builders, family offices, and investment groups seeking a high-density residential opportunity with meaningful pre-development value already in place.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Cleared,Less Than .5 Acre (not Zero)
- Garage Capacity: N/A
- Zoning: PD 269 Opportunity Zone
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $6,753
- Taxes w/Assessments: N/A
- Tax/Property ID: 000813000603A0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
405 Exposition Ave Dallas, TX 75226
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
