5401 Reiger Avenue Dallas, TX 75214

Previous Listing Price: $650,000

About this home

Property Overview

A RARE DEVELOPMENT JEWEL IN THE HEART OF OLD EAST DALLAS. This buildable, Wide, and Deep Prime
Development Opportunity provides an extraordinary canvas for discerning multifamily, townhome, and
institutional developers to build on. THIS OPPORTUNITY is strategically positioned OUTSIDE historic district
constraints, yet bordered by prestigious Junius Heights and Munger Place. 5401 offers a balance of
development freedom and community character. Townhomes and apartments line this street. Visionary
developers can create luxury residences that honor the area's rich heritage while meeting modern market
demands. LOCATION EXCELLENCE, only minutes from the transformative Columbia-Main Street
redevelopment corridor. This is one of the largest developable parcels remaining in the coveted Old East
Dallas area, surrounded by the charm and stability of historic districts without their restrictions. Residents will
have quick access to Dallas's most sought-after urban amenities. DEVELOPMENT SPECIFICATIONS. The
property currently features a 1,603 square foot residence and a detached garage. Once these are razed, the
land will provide a clean slate for your vision. Capable developers can have this coveted opportunity. The right
visionary developer will create something extraordinary in one of Dallas's most desirable emerging corridors.
Prime development land of this caliber in Old East Dallas is scarce and moves quickly in today's market. Set up
an accompanied tour today. All existing improvements are sold in as-is condition, with demolition performed
by the purchaser.