501 2ndDallas, TX 75226

  • Other commercial real estate
  • 13,144 SF
For Lease
$28.20/SF/YR View listing

Property Details for 501 2nd

Year built
1922
Construction
FRAME
Lot size
1.58 AC
Property size (Sq ft)
13,144 SF
Zone code
Z239
Property type
Other commercial real estate
Property subtype
Showrooms
APN
129037000000
APU
129037000000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,668,460
    6.5%
    $3,386,271
    7%
    $3,144,394
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,436,590
    Geo Method
    $9,916,659
  • Alternative Use

    Use
    Valuation
    Residential
    $2,856,446
    Hospitality
    $2,616,490
    Educational
    $2,176,888
    Medical
    $2,251,755
    Retail
    $3,386,271
501 2nd, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7819
Longitude
-96.7727
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $367,810
  • Assessed land value
    $1,460,750
  • Assessed value
    $1,828,560
  • Tax year
    2023
  • Tax bill
    $41,961

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