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1119 South Riverfront, "Cedar West" Dallas 1119 S Riverfront Blvd Lot | Terrain commercial | 0,46 ha | À vendre | Dallas, TX 75207

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RÉSUMÉ ANALYTIQUE

The Cedars West area near Downtown Dallas is a prime area for investment and immediate use. It is priced for an all cash sale at a competitve price which is lower than those seen in The Cedars area to the east and areas to the north - Design District and Trinity Grove. The estimated population within a 2-Mile radius is 52,000. Currently major infrastucture efforts are underway including new bridges on Cadiz Street and Riverfront Boulevard. Once these and other road inprovements on Riverfront and Corinth Street are completed the area will look very different with increased traffic returning. Downtown Dallas and the Kay Bailey Hutchison Convention Center (KBHCC) are nearby with connections via Cadiz and Hotel Streets. The KBHCC Expansion is getting underway. All of these improvements are likely to cause substantially increased property values.
One or more of three old industrial buildings built in the 1940s on the property might be put to interim use. These might include artist, sculpture, and showroom design work space; rustic entertainment, music, restaurant/bar; exercise and recreation activities; pet related activities and services; vehicle restoration and storage; ... For decades the property was operating as Industrial Electric Equipment Company which has been closed in recent years.

INFORMATIONS SUR L’IMMEUBLE

Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Surface totale du lot 0,46 ha
Zone de développement économique [USA] Oui
Zonage Planned Development #784 - Trinity River Corridor Special Purpose District - Cedars West Subarea. This district allows for numerous uses with regulations.

1 LOT DISPONIBLE

Lot

Surface du lot 0,46 ha

This large property located just south of IH 35E/30 consists of one parcel of about 9,788 SF of land fronting on South Riverfront and six adjoining parcels to the rear of about 39,555 SF of land being 1106-1128 Rock Island Street in The Cedars West.

DESCRIPTION

The Riverfront Boulevard Corridor parallels and is east of the Trinity River Dallas Floodway with Downtown Dallas to the east. 1119 South Riverfront and others in PD 784 along with PD 800 comprise "The Cedars West." The most well known area activity is The Longhorn Ballroom at S. Riverfront and Corinth Street. The KBH Convention Center and Dallas County Criminal Justice Center are nearby. Matthews Development, f/k/a Matthews Southwest, owns much of Cedars West with several announced development plans. These include the Dallas Water Commons, a public/private use of the old Trinity Meander channel and ponds currently with $11.25 Million in City of Dallas Bond Funds (currently on hold); the recently announced 24-acres resort and hotel Austria-based Therme Group spa with a possible $800 Million investment; the Dallas Station for the Dallas/Houston High Speed Rail if that is revived. Hidden in plain sight are other two other activities of note: (1) An entity associated with Unique Chateaus of Dallas has quietly rebuilt the interior of old buildings into residences on the opposite of S. Riverfront backing to the old river meanders. These at 1208-1212 S. Riverfront have great views the Downtown skyline and are offered for over $2 Million each. No one traveling along Riverfront would know such exist. (2) An experienced multi-family developer from the Washington, DC area Petra Development owns the vacant corner of S. Riverfront at Dearborn Street close to IH 35E. It has obtained permission from Dallas City Council for a 200 unit mid-rise apartment which it plans to develop.

  • ID de l’annonce: 38285426

  • Date de mise sur le marché: 31/10/2025

  • Dernière mise à jour:

  • Adresse: 1119 S Riverfront Blvd, Dallas, TX 75207

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