Paragon Realtors Real Estate

4840 Memphis StreetDallas, TX 75207Price: $1,169,000

  • Price: $1,169,000
  • 79 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
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  • $1,169,000List Price
  • 0.14Acreage

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Listed by Angela Downes of Compass RE Texas,LLC. (214-505-4289)
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.

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Based on information submitted to North Texas Real Estate Information Services as of May 15, 2026 10:02 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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