405 Exposition Ave - Exposition Flats | Deep Ellum
0.18 Acres of Commercial Land Offered at $1,495,000 in Dallas, TX 75226
Property Facts
Price | $1,495,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Multifamily |
Total Lot Size | 0.18 AC |
Cross Streets | First |
Opportunity Zone |
Yes |
1 Lot Available
Lot 3A
Price | $1,495,000 |
Price Per AC | $8,178,336.98 |
Lot Size | 0.18 AC |
Fully entitled land development in opportunity zone. 0.18 Acre lot in close proximity to Deep Ellum entertainment and residential areas. Approved plans, survey and entitlement documents will convey with sale.
Description
Fully entitled land development in opportunity zone. An exciting deal awaits investors and developers in the vibrant Deep Ellum neighborhood, near downtown Dallas! This development involves the construction of a five-story building with 20 units of contemporary, open-layout apartment condos. These 2-bedroom, 2-bathroom units span a total building area of 27,325 sellable or rentable square feet. Standing at approximately 75 feet tall, with 5 stories over the first floor parking, the building features a common rooftop with a walking track, a spacious dog park, and scenic hangout areas, offering stunning views of downtown Dallas. Approved plans, survey and all entitlement documents will convey with the sale. Don’t miss out on this promising investment for those seeking to benefit from the appreciation of this asset through either long-term ownership or the sale of individual units. Also, listed in Crexi and Loopnet.
PROPERTY TAXES
Parcel Number | 000813000603A0000 | Improvements Assessment | $0 |
Land Assessment | $404,340 | Total Assessment | $404,340 |
zoning
Zoning Code | Planned Development Dist (PD 269 In the Deep Ellum PID Opportunity Zone) |