1501-Lot 4 1501-Lot 4 E Belt Line Rd, Wilmer, TX 75172

List Price
$8,328,067
MLS#
20861570
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Proposed
Acres
23.64
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 4 features PD Multi-family Apartments (32 buildings, three stories, 27 units each) on 23.64 acres. - $8.00 sqft = $8,238,067. 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
1,029,758
Acres
23.64
Lot Description
Cleared, Level
Possession
CloseOfEscrow
Inclusions
Land Only
Possession
CloseOfEscrow

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Calculator source: Real Geeks

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