A RARE DEVELOPMENT JEWEL IN THE HEART OF OLD EAST DALLAS<br />Wide and deep Prime Development Opportunity provides an extraordinary development canvas that<br />discerning multifamily, townhome, and institutional developers can improve. THIS OPPORTUNITY is<br />strategically positioned OUTSIDE of historic district constraints while being bordered by prestigious Junius<br />Heights and Munger Place. 5401 offers a balance of development freedom and community character.<br />Townhomes and apartments are up and down this street. Visionary developers can create luxury residences<br />that honor the area's rich heritage while meeting modern market demands.<br />LOCATION EXCELLENCE, only minutes from the transformative Columbia-Main Street redevelopment corridor.<br />This is one of the largest developable parcels remaining in the coveted Old East Dallas area, surrounded by the<br />charm and stability of historic districts without their restrictions. Residents will have quick access to Dallas's<br />most sought-after urban amenities.<br />DEVELOPMENT SPECIFICATIONS. The property currently features a 1,603 square foot residence and a<br />detached garage structure. Once these are razed, the land will provide a clean slate for your vision. Capable<br />developers can have this coveted opportunity. The right visionary developer will create something<br />extraordinary in one of Dallas's most desirable emerging corridors. Prime development land of this caliber in<br />Old East Dallas is scarce and moves quickly in today's market. Set up an accompanied tour today. All existing<br />improvements are sold in as-is condition, with demolition performed by the purchaser.
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Listing Agent: Gary Foster (#0689904), Phone: (214) 763-5294
Listing Office: Briggs Freeman Sotheby's Int'l (#BRIG01)
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