215 S Jim Miller, Dallas, TX 75217

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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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