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Multifamily Development Site
For Sale
$8,328,067

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

CommercialSale, Wilmer, TX

Property SizeContact for details
Lot Size23.64 Acres
Days on Market194

Property Features for 1501-Lot 4 E Belt Line Road

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Mixed Use Planned Development
Subdivision Charles A Warfield Surv Abs #1
Lot features Acreage, Cleared, Level
Directions google maps is accurate to 1501 E Belt Line Road, Wilmer, Texas 75172
Standard status Active
APN 65161206510160000
Lot size 23.64 Acres

Taxes and HOA fees

Tax Description C A WARFIELD ABST 1612 PG 065 TR 16 ACS 69.38
Tax Annual Amount 69322
Legal Description C A WARFIELD ABST 1612 PG 065 TR 16 ACS 69.38

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: The Michael Group Real Estate
Listed By: Charles Horton · License #0546099
Added: Feb 17 Changed: Aug 23 Last Checked: Aug 30 at 2:06PM
MLS# 20861570

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Lot 4 comprises 23.64 acres designated for a multifamily apartment development. The plan calls for 32 three-story buildings with 27 units per building, and the property is identified as under construction. Public water and public sewer service are available.

The site is located on E Belt Line Road in Wilmer, approximately 15 miles from downtown Dallas and near I-45. Nearby corporate users include Amazon, Unilever, Whirlpool, and Procter & Gamble. The property is part of a larger development offering, but this offering specifically reflects the 23.64-acre Lot 4 tract.

Key Highlights

  • 23.64‑acre Lot 4 multifamily development site
  • Planned configuration includes 32 three‑story buildings
  • 27 units planned per building

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Plumbing Service Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 75172, TX

5,519
Population
2,075
Households
2.7
Avg Household Size
30
Median Age
10%
College-Educated
66%
High-School Grad
11.3 sq mi
ZIP Area
488
Density / Sq Mi
$58,894
Median Household Income
$35,712
Median Earnings
$1,349
Median Rent
$104,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Planned multifamily development site with public water and sewer service.
Where is this commercial land located?
The property is located at 1501-Lot 4 E Belt Line Road Wilmer, TX.
What is the asking price?
The asking price for this property is $8,328,067.
What are key features of this property?
This property features: 23.64‑acre Lot 4 multifamily development site; Planned configuration includes 32 three‑story buildings; 27 units planned per building
More about this property
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