1501-Lot 5 1501-Lot 5 E Belt Line Rd, Wilmer, TX 75172

List Price
$4,803,796
MLS#
20861573
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Proposed
Acres
18.38
County
Dallas
City
Wilmer
Subdivision
Charles A Warfield Surv Abs #1

Property Description

This prime 69-acre mixed-use development, located close to I-45, is perfectly positioned for growth. Divisible lots from 3 to 23 acres are available for a range of projects, including hotel, townhomes, single-family homes, multi-family housing, warehouse flex space, retail, and office space.Lot 5 features a PD Single-family homes (28 homes on ½ acre lots) on 18.38 acres. = $6.00 sqft = $4,803,796. Just 15 miles from downtown Dallas, the site offers easy access to major highways and city utilities. Key corporations like Amazon, Unilever, Whirlpool, and Procter & Gamble are nearby, making this a strategic location. Available lots include a 23,400 sq. ft. hotel and 141,847 sq. ft. of office warehouse space. Eligible for potential city tax incentives, this development provides flexible options to maximize return on investment. Wilmer’s rapid growth has seen 12 million sq. ft. of commercial space developed within 5 miles since 2020, making this a high-demand opportunity!

Additional Information

Unexempt Taxes
$69,322
Lot Size
800,632
Acres
18.38
Lot Description
Cleared, Level
Possession
CloseOfEscrow
Inclusions
Land Only
Possession
CloseOfEscrow

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Listing courtesy of Charles Horton from The Michael Group Real Estate. Contact: 469-363-0209