west dallas land opportunity · 2019-12-16 · west dallas land opportunity jake milner...

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WEST DALLAS LAND OPPORTUNITY JAKE MILNER [email protected] 214.526.3626 x 109 SCOTT LAKE [email protected] 214.526.3626 x 108 DALLAS | TEXAS 2819-2921 Borger Street 2819-2921 Borger Street 2.07 Acres 2.07 Acres

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Page 1: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

WEST DALLAS LAND OPPORTUNITY

JAKE [email protected] x 109

SCOTT [email protected] x 108

DALLAS | TEXAS

2819-2921 Borger Street2819-2921 Borger Street2.07 Acres2.07 Acres

Page 2: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2819-2921 Borger Street2819-2921 Borger Street2.07 Acres2.07 Acres

Singleton Blvd.Singleton Blvd.

Borger Street

Borger Street

UptownUptown

Trinity GrovesTrinity GrovesDesign DistrictDesign District

Sylvan Avenue Sylvan Avenue BridgeBridge

Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge

Soho SquareSoho Square

1000 Singelton Blvd.1000 Singelton Blvd.3.746 Acres3.746 Acres

229 Homes229 Homes

27 Homes27 Homes

96 Homes96 Homes

Page 3: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Margaret McDermott BridgeMargaret McDermott Bridge

Singleton Blvd.

Singleton Blvd.

Page 4: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Borger Street

Borger Street

Singleton Blvd.

Singleton Blvd.

Duluth Stre

et

Duluth Stre

et

Sylvan Avenue Sylvan Avenue BridgeBridge

Trinity GrovesTrinity Groves

Design DistrictDesign District

Page 5: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Singl

eton

Blvd

.

Singl

eton

Blvd

.

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Page 6: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge

Downtown DallasDowntown Dallas

UptownUptown

Page 7: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Sylvan Avenue BridgeSylvan Avenue Bridge

Dallas Medical DistrictDallas Medical District Design DistrictDesign District

Page 8: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Margaret McDermott BridgeMargaret McDermott Bridge

Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge

Singleton B

lvd.

Singleton B

lvd.

Borger St.Borger St.

Downtown Dallas85,000+ employees

2 minutesDeep Ellum9 minutesVictory Park

5 minutes

Design District2 minutes

Trinity GrovesWalking Distance

Uptown60,000 employees

UT SouthwesternMedical District

28,000 jobs

Page 9: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Crossman Ave.Crossman Ave.

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Page 10: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

1 Acre Central Park

Page 11: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Downtown DallasDowntown Dallas

Margaret Hunt Hill BridgeMargaret Hunt Hill BridgeDavid Weekly HomesDavid Weekly Homes

96 Homes96 HomesAverage Price: $450K - $500KAverage Price: $450K - $500K

1 Acre Central Park1 Acre Central Park

Page 12: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Singleton Blvd.Singleton Blvd.

Page 13: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS
Page 14: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Downtown DallasDowntown Dallas

UptownUptown

Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge

Margaret McDermott BridgeMargaret McDermott Bridge

Singleton Blvd.

Singleton Blvd.

Page 15: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres

Margaret McDermott BridgeMargaret McDermott Bridge

Singleton Blvd.

Singleton Blvd.

Page 16: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

PROPERTY OVERVIEW

SIZE:

ZONING:

+/- 2.07 Acres

IRMax Height: 200 Ft.Density: 2.0 for all combined uses

Page 17: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS
Page 18: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Trinity Groves, the newest of Dallas’s revitalized submarkets, has become a hub for Dallas retail, innovative restaurant concepts, and entertainment.

Historically a warehouse district, this area has seen extensive growth since the beginning of its revitalization and continues to attract new residents and businesses. In addition to its retail and entertainment options, the Ronald Kirk Pedestrian Bridge, Trinity Overlook Park, and Trinity Skyline Trails provide some of the best views of Downtown Dallas.

The community has great accessibility, situated west of Downtown Dallas, the neighborhood has easy access to I-30 as well as access to public transportation. The area has a walk score of 68.

Continuing to evolve, future plans for growth in the neighborhood include a boutique hotel, office space, and more multifamily projects.

The tracts are uniquely positioned to capitalize on the population growth and a growing office demand in the booming submarket.

About Trinity Groves

Page 19: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

2019 POPULATION:% PROJ GROWTH 2019-2024:TOTAL DAYTIME POPULATION:TOTAL DAYTIME EMPLOYEES:

2019 MEDIAN HH INCOME:2019 AVERAGE HH INCOME:

MEDIAN HOME VALUE:

1 MILE 2 MILE 3 MILE

15,4744.03%17,1238,153

56,2072.73%92,49167,339

153,7682.51%334,176268,683

$38,227$55,883

$54,165$85,191

$63,292$91,611

$108,216 $304,921 $292,714

DEMOGRAPHICS

Page 20: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

Approved by the Texas Real Estate Commission for Voluntary Use. Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

INFORMATION ABOUT BROKERAGE SERVICES: Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant

01A TREC No. OP-K

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party.

IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:(1)shall treat all parties honestly;(2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; buyer: and(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and

IF YOU CHOOSE TO HAVE A BROKER REPRESENT YOU:You should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.

Date

Page 21: WEST DALLAS LAND OPPORTUNITY · 2019-12-16 · WEST DALLAS LAND OPPORTUNITY JAKE MILNER JMilner@DB2RE.com. 214.526.3626 x 109 SCOTT LAKE. SLake@DB2RE.com 214.526.3626 x 108. DALLAS

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