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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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3120 Al Lipscomb Way , Dallas, TX 75215
$1,300,000
Est. Payment: $7,301.76/mo
10735 Sqft
0.78 Acres
Status: active | Days on site: 879
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URFR01C - 0581891
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House Description

3120 and 3126 Al Lipscomb Way offers an opportunity to acquire and reposition a highly visible commercial property in South Dallas, approximately two miles from Downtown Dallas and minutes from Fair Park, Deep Ellum, the Cedars and major transportation corridors. The approximately 0.78-acre site contains two existing buildings totaling approximately 10,735 square feet, with approximately 150 feet of frontage along Al Lipscomb Way. The existing improvements and site configuration provide flexibility for adaptive reuse, redevelopment or repositioning for a variety of commercial and community-serving concepts, including professional office, retail, financial services, small-business incubation, nonprofit and community uses, subject to applicable zoning and approvals. The property is positioned within a broader economic-development environment that may provide access to public and private redevelopment resources. Depending upon the project and investment structure, potential programs may include City of Dallas economic development incentives, TIF-related opportunities, New Markets Tax Credits, Opportunity Zone benefits, project-specific gap financing and other redevelopment assistance. All programs are subject to eligibility, underwriting and governmental approval. The location provides immediate access to Interstate 30 and Interstate 45 and places the property near Fair Park, the Cotton Bowl, African American Museum of Dallas, Martin Luther King Jr. Branch Library and the ongoing public and private investment occurring throughout South Dallas and the Fair Park area. With existing improvements, significant street frontage, proximity to Downtown Dallas and multiple potential redevelopment paths, 3120 and 3126 Al Lipscomb Way offers an opportunity for an owner-user, developer, investor or community-focused organization to establish a long-term presence in an evolving central Dallas market.

Highlights

Listed by Marcus Nelson , United Real Estate Frisco , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.78

Year Built

1935

County

Dallas

Neighborhood

Bomars Grand Ave

Listing ID

20617628

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Interior Features

Floor:Combination

Exterior Features

Lot:.5 to < 1 Acre
Zoning:PD 595 South Dallas Fair Park Special Purpose District
Roof:Asphalt
Others:
  • ▪ Additional:Preowned
Parking Features:Asphalt
Principal Interest
$7,302
Taxes
$1,178

Home Price

$1,300,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,301.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,301.76 $1,177.50 $0.00 $8,479.26
Yearly $87,621.17 $14,130.00 $0.00 $101,751.17
Total $2,628,635.12 $423,900.00 $0.00 $3,052,535.12

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T12:07:25.737Z

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