3237 Al Lipscomb WayDallas, TX 75210

For Sale
Call for price

2.94 Acres, Opportunity Zone, High Growth

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 2.94-acre commercial land parcel presents a rare investment opportunity in Dallas's urban core, situated within an Opportunity Zone. Located at 3237 Al Lipscomb Way, Dallas, TX 75210, this property is ideally positioned between Al Lipscomb Way and Elihu Street, offering immediate redevelopment potential. The site benefits from its proximity to Fair Park, the Deep Ellum District, and The Cedars, all experiencing significant growth. Easy access to major highways, including I-30, I-45, and Central Expressway, ensures excellent connectivity throughout the Dallas-Fort Worth Metroplex. This land is part of a larger portfolio totaling 11.47 acres, offering potential for substantial returns. The property's location within a high-growth, high-barrier Opportunity Zone, coupled with the city's approved $85+ million Fair Park Master Plan, promises continued economic expansion and value appreciation. The site is ready for immediate development, making it an attractive proposition for developers and investors seeking to capitalize on the area's revitalization and strong demographic trends. The surrounding area boasts a high concentration of residents with above-average household incomes within a five-mile radius. This offering presents a unique chance to acquire a significant land parcel in a rapidly developing area of Dallas. The property can be purchased as part of a larger portfolio or as a standalone investment.

Highlights

  • Rare Opportunity Zone investment at Fair Park's entrance in Dallas's CBD; part of the largest infill property compilation in the area.
  • 2.94-acre commercial land parcel with immediate redevelopment potential and existing cash flow, offering significant value-add.
  • 11.47-acre urban core portfolio in a high-growth, high-barrier-to-entry Dallas submarket.
  • Available as a portfolio or individual investments.
  • Strategically located near Deep Ellum, Uber's Dallas HQ, and The Cedars, benefiting from the $85M+ Fair Park revitalization plan.
  • Excellent access to major highways (I-30, I-45, Central Expressway, I-35), with 152,353-239,507 residents (average household income $101,037-$109,662) within a 3-5 mile radius.

Property Details for 3237 Al Lipscomb Way

Property type
Other land, Land
Lot Size (sq. ft)
128,066 SF

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.776944892391
Longitude
-96.765891325502
3237 Al Lipscomb Way, Dallas, Texas

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3237 Al Lipscomb Way
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