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Emmett Street Portfolio 2 Office Properties in Dallas, TX

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INVESTMENT HIGHLIGHTS

  • Frontage on S Hampton Rd
  • Heavy Daytime Traffic
  • Lots of Natural Light
  • Corner Building

EXECUTIVE SUMMARY

Great Opportunity: This 12,298 square foot portfolio sale includes two buildings on a single lot, consisting of a fully leased multi-tenant commercial/residential investment property. The property presents an excellent redevelopment opportunity, as the current deed restriction will be removed, and the zoning will be changed to WMU-3.
Walkable Urban Mixed Use (WMU): The property is situated in a Walkable Urban Mixed Use (WMU) district, which includes zoning classifications such as WMU-3, -5, -8, -12, -20, and -40. The Walkable Urban Mixed Use (WMU) districts are designed to accommodate a mix of compatible uses in close proximity to one another, creating a pedestrian-friendly environment.
The WMU districts are ideal for development types that align with the district’s zoning intent. The property is eligible for a zoning change to WMU, where there is no minimum acreage required for an application. These districts are particularly well-suited for locations near rail transit stations, within job centers, or adjacent to major commercial and residential hubs.
Located just 6 miles from downtown Dallas, the property is strategically positioned near major traffic routes, including I-30 and I-35, and is within walking distance of the DART Hampton Station and Bus stops along Emmet Street.

PROPERTY FACTS

Cap Rate 8%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 12,298 SF
Total Land Area 0.64 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Hampton Place
2406 Emmett St, Dallas, TX 75211
Office 10,741 SF 1965 -
2410 Emmett St, Dallas, TX 75211 Office 1,557 SF 1965 -
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  • Listing ID: 34321413

  • Date on Market: 2024-12-30

  • Last Updated:

  • Address: Emmett Street Portfolio, Dallas, TX

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