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Investment Highlights

  • Open plan with exposed brick walls
  • Fenced back area with turf grass

Executive Summary

Positioned in Dallas’ Medical District (75235) and bordering the vibrant Design District, 4840 Memphis Street blends industrial character with upgraded infrastructure—ideal for creative office, showroom, studio, or boutique commercial use. Recent improvements include new plumbing and HVAC, updated 3-phase power, fresh paint throughout, and a new bay door. A turfed rear area offers flexible outdoor space, while the gated driveway enhances privacy and security. With direct access to Inwood Road, I-35E, Love Field, Oak Lawn, and Downtown Dallas, the location supports both convenience and visibility. The property is currently leased, providing income while preserving long-term repositioning potential.

Property Facts

Price $1,169,000
Price Per SF $487.08
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Showroom
  • FlexLight Distribution
Building Class C
Lot Size 0.14 AC
Rentable Building Area 2,400 SF
No. Stories 1
Year Built 1969
Tenancy Single
Parking Ratio 3.75/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1
Zoning IRD

Amenities

  • Fenced Lot
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
00000814628300000
Land Assessment
$150,000
Improvements Assessment
$339,600
Total Assessment
$489,600
  • Listing ID: 40209394

  • Date on Market: 4/19/2026

  • Last Updated:

  • Address: 4840 Memphis St, Dallas, TX 75207

Contact the Sale Advisor

4840 Memphis St

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