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1119 S Riverfront Blvd - 1119 South Riverfront, "Cedar West" Dallas 1.13 Acres of Commercial Land in Dallas, TX 75207
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Planned Development #784 - Trinity River Corridor Special Purpose District - Cedars West Subarea. This district allows for numerous uses with regulations. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.13 AC |
| Opportunity Zone |
Yes |
| Zoning | Planned Development #784 - Trinity River Corridor Special Purpose District - Cedars West Subarea. This district allows for numerous uses with regulations. |
1 LOT AVAILABLE
Lot
| Lot Size | 1.13 AC |
| Lot Size | 1.13 AC |
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.
Contact the Sale Advisor
1119 S Riverfront Blvd - 1119 South Riverfront, "Cedar West" Dallas