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2620 Jeffries Street Dallas, TX 75215
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Barnes & Mitchells Grand Ave
MLS Listing ID 20113778
Annual Tax Amount $762
Lot Size 8,232 Sqft
Property Description
Presenting the 8,250 SF multifamily development opportunity located in an opportunity zone in the Fair Park neighborhood of Dallas, TX. The land is located within Planned Development District 363 (subarea 2), which is zoned for Multifamily development. There is the potential for the developer to achieve highest and best use with the land and optimize the site with 2 stories of residential units, totaling 16 units. The city would also likely grant parking variances, as well, to allow for ground-level parking to be built. Recent sales on adjacent property zoned exclusively for duplex construction was priced at $50,000 (7,500 SF lots), which equates to $25,000 per constructed unit.
Location
State TX
County Dallas
Zoning Zoned within Planned Development District 363 Subarea 2 which is zoned for multifamily
Exterior
Utilities Available Other
Building
Lot Description Other
Schools
School District Dallas Isd
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Bought with Bernard Akomas • Scottie Smith & Associates
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