702 South Hampton Road
REDEVELOPMENT POTENTIAL | RECENT ZONING CHANGE | BELOW REPLACEMENT COSTS
Marketing description
The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire or lease a vacant childcare facility located at 702 S Hampton Rd, Dallas, TX 75208. The property spans 14,525 square feet across four contiguous parcels totaling ±1.25 acres, providing exceptional frontage and visibility along South Hampton Road, which sees over 32,000 vehicles per day.
Strategically positioned in the heart of the newly approved West Oak Cliff Rezoning District, the property sits directly within the Hampton-Clarendon Corridor—recently designated by the Dallas City Council to encourage mixed-use and small-scale multifamily development. This new zoning framework enhances long-term redevelopment flexibility and strengthens underlying land value for both investors and developers.
Originally constructed in 1979, the existing facility offers a large, functional floor plate ideal for a new owner-operator childcare user. The building previously served up to 85 students with capacity for 300, and features ample playground and parking areas that can be readily reactivated.
With its dual-path potential, either redevelopment into small-scale multifamily or adaptive reuse by a childcare operator, this asset offers investors a rare chance to control a sizable infill site in a prime, high-growth DFW corridor undergoing significant zoning-driven transformation.
Investment highlights
- New zoning supports small-scale residential and mixed-use development, expanding future use potential.
- Property sits in the center of the newly adopted district targeted for reinvestment and urban revitalization.
- Early opportunity to acquire a sizable site ahead of the area’s next wave of redevelopment and value appreciation.
- 14,525 SF facility designed for childcare use with current enrollment of 85 and capacity for 300 students.
- Functional floor plan with multiple classrooms, offices, playground areas, and ample parking.
- Minimal conversion needed for immediate reopening by a licensed childcare provider.
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