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ZONED 13.77+/- ACRE DEVELOPMENT SITE (DIVISIBLE)

United States /Texas, 1497 North J. Elmer Weaver Freeway, 75103, 13.77

Listing ID :

18431717

MLS ID :

1269515

Acres :

13.77 Acres
$5,998,212

View Agent's Properties and Profile:

Jordan Cortez

Contact Seller

Property Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase all or a portion of a 13.77+/- acre development site located at the northwest quadrant of W. Wintergreen Road and US Highway 67 in rapidly growing Cedar Hill, TX just minutes south of the Dallas CBD (the “Site”). The Site is made up of two components, which can be bought together or separately, the first being an 8.56+/- acre active adult development site with the second being 5.21+/- acres of commercial, that can be padded out in the future, fronting US-67 and Wintergreen Road. The active adult site comes with completed plans for a 182 unit, 3-story, 55+ age restricted community. The Seller is open to a Buyer attempting to rezone the 8.56 acres to commercial while under contract if they prefer an alternative use. The Seller will convey the following at closing: existing architectural plans, engineering plans, and select third party reports.

Pricing is as follows:
Bulk Sale Asking Price (Entire 13.77+/- Acre Site): $5,998,212 ($10PSF)

Asking Price for Back Acreage (8.56+/- Acres): $3,542,299 ($9.50PSF)

Asking Price for Retail/Commercial Frontage (5.21+/- Acres): $4,085,056 ($18.00PSF)

Attachments

Basic Details

Property Types:

Acreage

Listing Type:

For Sale

Listing ID:

18431717

Price:

$5,998,212

Acres:

13.77 Acres

Address Map

Country:

United States

State:

Texas

County:

Ellis

City:

Cedar Hill

Latitude:

32.61983098798328

Longitude:

-96.91579499006569

Street Address:

1497 North J. Elmer Weaver Freeway

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