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5353 Alpha Rd - Infill Opportunity with Value-Add Potential 1.56 Acres of Commercial Land Offered at $6,003,404 CAD in Dallas, TX 75240

Commercial Land Properties Texas Dallas 5353 Alpha Rd, Dallas, TX 75240

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Investment Highlights

  • Steps from Galleria Mall
  • Affluent submarket w/ HH income +$100K
  • Surrounded by new/proposed development
  • Excellent Visibility
  • Value-Add opportunity
  • Easy Access to major thoroughfares

Executive Summary

Henry S. Miller is pleased to present this outstanding ±1.5-acre site, which includes an income generating ±12,000 SF office building in a high-demand, high-density submarket. The property is currently zoned to allow office, retail or multifamily use, offering a range of development options. A developer can immediately begin a first phase of development on approximately one acre, while evaluating the office building acreage as a potential second phase. Alternatively, the office building can be repositioned with a light cosmetic update to align rents with market rates and achieve greater returns.

Attachments

5353 Alpha Rd

Property Facts

Price $6,003,404 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
No. Lots 1 Total Lot Size 1.56 AC
Property Type Land
Zoning PD 887 - Commercial Retail Multufamily
Price $6,003,404 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
Total Lot Size 1.56 AC
Zoning PD 887 - Commercial Retail Multufamily

1 Lot Available

Lot

Price $6,003,404 CAD Lot Size 1.56 AC
Price Per AC $3,848,336.02 CAD
Price $6,003,404 CAD
Price Per AC $3,848,336.02 CAD
Lot Size 1.56 AC

The Galleria Mall area is positioned for significant growth as the redevelopment of the Dallas International District (formerly Valley View Mall) progresses, paving the way for exciting new developments.

Description

The property is currently zoned to allow office, retail or multifamily use, offering a range of development options. A developer can immediately begin a first phase of development on approximately one acre, while evaluating the office building acreage as a potential second phase. Alternatively, the office building can be repositioned with a light cosmetic update to align rents with market rates and achieve greater returns.

1 1
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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Property Taxes

Parcel Number 007004000A11A0000 Improvements Assessment $830,066 CAD
Land Assessment $1,005,565 CAD Total Assessment $1,835,631 CAD

Property Taxes

Parcel Number
007004000A11A0000
Land Assessment
$1,005,565 CAD
Improvements Assessment
$830,066 CAD
Total Assessment
$1,835,631 CAD
(972) 419-4093

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 36630578

  • Date on Market: 2025-07-07

  • Last Updated:

  • Address: 5353 Alpha Rd, Dallas, TX 75240

The Dallas Midtown Land Property at 5353 Alpha Rd, Dallas, TX 75240 is currently available. Contact Henry S. Miller for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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5353 Alpha Rd - Infill Opportunity with Value-Add Potential
(972) 419-4093 x

5353 Alpha Rd - Infill Opportunity with Value-Add Potential

Lane Kommer
(972) 419-4093

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