1015 Kings Hwy, Dallas, TX 75208

$625,000

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List Price
$625,000
MLS#
21434911
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1911
Acres
0.17
County
Dallas
City
Dallas
Subdivision
Oak Cliff Annex

Property Description

Prime multi-family redevelopment site in Bishop Arts and Kings Highway Conservation District (CD-1, Subarea 2). Rare 50' x 150' (7,500 sq. ft.) level infill parcel with alley access just blocks from Bishop Arts District dining and retail. Major pre-development steps are already completed: Seller holds an approved City of Dallas Conservation District Work Certificate for demolition, electric (Oncor) and water (City of Dallas) are already disconnected, and Atmos gas service retirement is pending, saving a buyer months of historic and conservation review and utility cut-off lead time so you can move straight into architectural plans and permitting. Existing 1911 structure is conveyed strictly AS-IS for Buyer demolition (or may be removed by Seller prior to closing). Preliminary concept sketches exploring up to 14 multi-family units are available for reference. Buyer and Buyer's Agent to independently verify all CD-1 Subarea 2 zoning, density, setbacks, utility capacities, and City of Dallas building and demolition permit requirements.

Additional Information

Lot Dimensions
50 x 150
Lot Size
7,500
Acres
0.17
Lot Description
Irregular Lot, Subdivided, City Lot, Level
School District
Dallas Isd
Elementary School
Rosemont
Middle School
Greiner
High School
Sunset
Possession
CloseOfEscrow, Negotiable
Proposed Use
Development, Multi-Family, Residential
Community Features
Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Miguel Ramirez from Allie Beth Allman & Assoc.. Contact: 214-336-5113

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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