Rare opportunity to acquire a premier 0.50 acre hard corner development site at the intersection of Fort Worth Avenue and North Ravinia Drive. This high visibility tract is located within PD 714 Subdistrict 5 and is ideally positioned for a signature mixed use project. Under the 2025 Dallas Parking Reform… Read More this lot offers extraordinary density potential because many boutique retail and residential uses now require zero minimum off street parking. The current zoning allows for a 54 foot building height and a 2.0 Floor Area Ratio. This property is also eligible for the Fort Worth Avenue TIF District providing a clear path for public infrastructure and streetscape reimbursements. A month to month lease is currently in place and provides immediate holding income while a developer finalizes site plans and city approvals. The flexible lease terms ensure a smooth transition to construction. Positioned as a gateway between the West Commerce corridor and the historic residential pockets of North Oak Cliff this lot is perfect for a vertical development with ground floor retail and luxury units above. Read Less
Courtesy of Agency Dallas Park Cities, LLC, Brenda Sukenik.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Office
Square Ft.
838
Lot Size
0.49 Acres
Year Built
1948
MLS Number
21211291
Additional Details
Parking
Gated, Gravel, ParkingLot
Property Access
Road frontage type: CityStreet
Building
Built in 1948, Construction materials: Unknown, 1 total story, Toal building area: 838
Cooling
WallUnits
Heating
SpaceHeater
Income
Gross income: $21,600, Net operating income: $21,600
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