4840 Memphis St, Dallas, TX 75207

$1,169,000

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List Price
$1,169,000
Price Change
▲ $69,000 1776632981
MLS#
21189922
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1969
Construction Status
Preowned
Acres
0.14
County
Dallas
City
Dallas
Subdivision
Hampton & Indust

Property Description

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.

Additional Information

Unexempt Taxes
$8,547
Tenant Pays
AllUtilities, ExteriorMaintenance, JanitorialService, PestControl, Repairs
Lot Size
6,011
Acres
0.14
Lot Description
Irregular Lot, Irregular Lot
Flooring
Concrete
Foundation
Slab
Roof
Flat
Building Stories
1
Parking Garage
Driveway, Open, Parking Lot, On Street
Possession
Negotiable, SubjectToTenantRights
Proposed Use
Industrial
Inclusions
Building Only
Community Features
Sidewalks

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Angela Downes from Compass RE Texas, LLC.. Contact: 214-505-4289