Investment Overview

Marcus & Millichap is pleased to exclusively present for sale 4211 Gaston Avenue, a 0.54-acre new redevelopment opportunity, featuring +/- 5,671 square-foot, four unit, two-story structure, constructed in 2005, and located in the heart of Old East Dallas. The subject property offers a rare opportunity for a developer to build new townhomes, medical office, or retail use buildings. Located along Gaston Avenue with ample room for parking and strong signage visibility, the asset is surrounded by major demand drivers including Baylor University Medical Center, Downtown Dallas, Lakewood, Lower Greenville, and more. The immediate submarket is undergoing sustained reinvestment, supported by a population of over 190,000 residents within a 3-mile radius and average household incomes exceeding $124,000, driving strong demand for healthcare, dining, and service-oriented businesses. The Dallas–Fort Worth metroplex stands as one of the premier commercial real estate markets in the United States and ranks among the fastest-growing regions nationwide. As a leading job hub, it hosts 24 Fortune 500 headquarters, eight Fortune Global 500 companies, and 49 Fortune 1,000 firms. Over the past year, the Metroplex added more than 132,000 jobs—a 3.3% increase—cementing its position as a top market for employment growth. Dallas has also captured national attention with the launch of the Texas Stock Exchange, backed by major Wall Street firms including BlackRock and Citadel Securities. This wave of corporate relocations and sustained job creation continues to attract new residents, fueling demand for housing, retail, and mixed-use development across the region.