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5353 Alpha Rd - Infill Opportunity with Value-Add Potential

1.56 Acres of Commercial Land in Dallas, TX 75240

Executive Summary

Henry S. Miller is pleased to present this outstanding ±1.5-acre site, which includes an income generating ±12,000 SF office building in a high-demand, high-density submarket. The property is currently zoned to allow office, retail or multifamily use, offering a range of development options. A developer can immediately begin a first phase of development on approximately one acre, while evaluating the office building acreage as a potential second phase. Alternatively, the office building can be repositioned with a light cosmetic update to align rents with market rates and achieve greater returns.

Attachments

5353 Alpha Road For Sale

Property Facts

Sale Type Investment Property Subtype Commercial
No. Lots 1 Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
Property Type Land Total Lot Size 1.56 AC
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
Total Lot Size 1.56 AC

1 Lot Available

Lot

Lot Size 1.56 AC
Lot Size 1.56 AC

The Galleria Mall area is positioned for significant growth as the redevelopment of the Dallas International District (formerly Valley View Mall) progresses, paving the way for exciting new developments.

Description

The property is currently zoned to allow office, retail or multifamily use, offering a range of development options. A developer can immediately begin a first phase of development on approximately one acre, while evaluating the office building acreage as a potential second phase. Alternatively, the office building can be repositioned with a light cosmetic update to align rents with market rates and achieve greater returns.

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Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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PROPERTY TAXES

Parcel Number 007004000A11A0000 Improvements Assessment £657,879
Land Assessment £422,895 Total Assessment £1,080,775

PROPERTY TAXES

Parcel Number
007004000A11A0000
Land Assessment
£422,895
Improvements Assessment
£657,879
Total Assessment
£1,080,775

zoning

Zoning Code PD 887 (Commercial)
PD 887 (Commercial)
(972) 419-4093

Contacts

  • Listing ID: 34414836

  • Date on Market: 08/01/2025

  • Last Updated:

  • Address: 5353 Alpha Rd, Dallas, TX 75240

The Land Property at 5353 Alpha Rd, Dallas, TX 75240 is currently available for sale. Contact Henry S. Miller for more information.

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5353 Alpha Rd - Infill Opportunity with Value-Add Potential
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Lane Kommer

(972) 419-4093

(972) 419-4093

Adair Fant

(972) 419-4043

(972) 419-4043

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