4211 Gaston AveDallas, TX 75246

For Lease
Call for price

Prime Dallas location, 5,300 sqft building, 10,500 sqft pad site.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Dallas County investment opportunity presents a unique blend of existing income potential and significant future development upside. The property, located at 4211 Gaston Ave in the 75246 zip code, encompasses a 0.536-acre lot (23,356 square feet) and features a two-story, 5,300 square foot building constructed in 2005. Currently configured as four individual units, each with approximately 1,300 square feet of ground floor space and 450 square feet of second-floor space, the building is zoned for Planned Development. The existing units, each with two bedrooms and two bathrooms, could be easily converted into four approximately 1,750 square foot retail or office spaces with a relatively low conversion cost. A substantial 10,500 square foot pad site is also available at the front of the property, offering ample space for additional development, ground lease, or sale. The property benefits from its convenient location near Central Expressway (Hwy 75), providing easy access to Downtown Dallas, Uptown, and Knox/Henderson. This presents a rare chance to acquire a versatile property in a rapidly developing area with strong potential for immediate and long-term returns. The building's existing infrastructure, including drives and parking, further enhances its appeal.

Highlights

  • Excellent location on Gaston Ave in East Dallas, a major traffic artery with easy access to US Hwy 75, I-45, I-30, and SH 78. Surrounding area shows rapid redevelopment with over 4,600 new multifamily units.
  • 0.536-acre lot (23,356 sq ft) including a ±10,500 sq ft pad site with high visibility and access. PD zoning allows for diverse uses including retail, restaurant, hotel, office, bank, and multifamily.
  • Existing 5,300 sq ft building (2005 construction) currently configured as four 2 bed/2 bath units, easily convertible to retail or office space.
  • High traffic counts: ~22,050 vehicles/day on Gaston Ave and ~9,201 vehicles/day on N Peak St.
  • Strong demographics: 25.3% population growth within a 1-mile radius (2010-2021); average household income within a 3-mile radius is $110,235.
  • Minutes from Downtown Dallas, Baylor University Medical Center, Deep Ellum, Uptown, and East Dallas neighborhoods.

Property Details for 4211 Gaston Ave

Property type
Other retail properties, Other office properties
RSF (Rentable sq. ft)
5,300 SF
Year Built
2005
Buildings
1
Stories
2

Unit(s) available at that property

Space
Available Space
Size
5,300 SF

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7962048
Longitude
-96.7694752
4211 Gaston Ave, Dallas, Texas

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4211 Gaston Ave
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