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+19038642447
Gray Reality/Ignite Real Estate Group
215 S Jim Miller, Dallas, TX 75217
- $1,300,000
- List Price
- $1,300,000
- MLS#
- 21412686
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 3.08
- County
- Dallas
- City
- Dallas
Property Description
Dallas Property Advisors is pleased to present 215–237 S Jim Miller Road, a ±3.08-acre residential development opportunity located in the established Pleasant Grove neighborhood of Southeast Dallas. The property consists of approximately 134,165 square feet of land zoned R-7.5(A), providing developers and homebuilders with an attractive opportunity to establish a new single-family residential community within the Dallas city limits. Preliminary development analysis indicates the potential to accommodate approximately 14 single-family homes, subject to required infrastructure improvements, engineering, and municipal approvals. Based on an estimated finished home sales price of $350,000, the proposed development represents approximately $4.9 million in potential gross sellout value. Offered at $1,300,000, or approximately $9.69 per land square foot, the property provides an opportunity to acquire a sizable infill development site at a competitive land basis.
Additional Information
- Lot Size
- 134,164
- Acres
- 3.08
- School District
- Dallas Isd
- Elementary School
- Blair
- Middle School
- Comstock
- High School
- H Grady Spruce
- Possession
- CloseOfEscrow
- Proposed Use
- Development, Residential
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Listing courtesy of Jim McNulty from Dallas Property Advisors, LLC. Contact: 469-554-0430
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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