Ash Lane & Third Avenue
Rare 0.81 AC of Prime Development | Infill Opportunity Zone | Fair Park | Dallas, TX
Marketing description
DB2RE Investment Sales is pleased to present the opportunity to purchase 0.81 AC (the “Offering”), a premier redevelopment site located at the gateway to the historic Fair Park grounds. Fair Park, a 277-acre cultural landmark that draws more than 3 million visitors annually, is the centerpiece of Dallas’ urban revitalization efforts. The Offering is situated within a designated Opportunity Zone, providing investors with attractive tax advantages alongside a compelling infill development opportunity. Surrounded by rapidly growing neighborhoods and supported by the City’s recently approved $85+ million Fair Park Master Plan, the site is uniquely positioned at the crossroads of cultural significance, sustained public investment, and long-term economic growth.
Due to its strategic infill location and proximity to major employment hubs and traffic generators, the Offering is uniquely positioned to capitalize on the rapid expansion and gentrification of the Fair Park market. The Property enjoys seamless access to I-30, I-45, and Central Expressway, providing direct connectivity to Downtown Dallas and the broader DFW metroplex. With most of the Offering supported by a diversified short-term revenue stream, unencumbered by restrictive long-term leases, new ownership benefits from maximum flexibility to implement future development plans and unlock the site’s full potential. Importantly, with the City’s recent approval of the $85+ million Fair Park Master Plan, Dallas Planning and Zoning officials are advancing a new PD designed to stimulate growth, incentivize vertical development, and ensure Fair Park continues to thrive as a major economic engine for decades to come.
Investment highlights
Rare ± 0.81 AC of prime redevelopment land at the front door of Fair Park, one of Dallas’ most iconic and heavily visited cultural landmarks.
Positioned within a designated Opportunity Zone, the site allows investors to leverage powerful tax incentives while pursuing a premier infill development opportunity.
The Property enjoys unmatched connectivity with direct access to I-30, I-45, and Central Expressway, linking it seamlessly to Downtown Dallas and the broader DFW metroplex.
With short-term income in place and no restrictive long-term leases, new ownership benefits from
maximum flexibility to execute a tailored redevelopment strategy.The site is directly supported by the City of Dallas’ $8 million Fair Park Master Plan and the forthcoming PD, both designed to drive growth and incentivize vertical development.
Surrounded by rapidly gentrifying neighborhoods and increasing private investment, the Property is positioned to capture long-term demand across residential, retail, and mixed-use sectors.
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