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    1501-lot E Belt Line Rd Wilmer, TX 75172

    For Sale
    $8,328,067

    Unimproved Land - Wilmer, TX

    Type:Unimproved Land
    Lot size:
    23.64 Acres
    Days on Market:
    280
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 1501-lot E Belt Line Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Property condition
    New Construction
    Standard status
    Active
    APN
    65161206510160000
    Lot size
    23.64 Acres

    Building Details

    Architectural style
    Other

    The Michael Group, LLC (214) 692-6400 [email protected]

    Listing agent Charles Horton (817) 577-9000 License #0546099

    Listing date Mar 5, 2025

    MLS# 20861570 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Mixed-Use Development Land

    This 69-acre mixed-use development is located close to I-45. Divisible lots ranging from 3 to 23 acres are available for projects such as hotels, townhomes, single-family homes, multi-family housing, warehouse flex space, retail, and office space. Lot 4 features PD Multi-family Apartments consisting of 32 buildings, each three stories high, with 27 units per building, situated on 23.64 acres. The location is approximately 15 miles from downtown Dallas, offering convenient access to major highways and city utilities. Nearby corporations include Amazon, Unilever, Whirlpool, and Procter & Gamble. Available lots include a 23,400 sq. ft. hotel and 141,847 sq. ft. of office warehouse space. The development is eligible for potential city tax incentives, offering flexible options. Since 2020, Wilmer has experienced rapid growth, with 12 million sq. ft. of commercial space developed within 5 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Food Market HVAC Service Grocery Store Travel Agency Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmer
    County
    Dallas
    State
    Texas
    Longitude
    -96.659312
    Latitude
    32.601156

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    FAQs

    What type of property is this?
    Commercial land - 69-acre mixed-use development land near I-45 in Wilmer, TX.
    Where is this commercial land located?
    The property is located at 1501-lot E Belt Line Rd 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: - Prime 69-acre mixed-use development site with divisible lots (3-23 acres) suitable for diverse projects.; - Strategic location near I-45, only 15 miles from downtown Dallas, with easy access to major highways and city utilities.; - Proximity to major corporations indicating a strong business environment.
    (817) 577-9000
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    1501-lot E Belt Line Rd Wilmer, TX 75172
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501-lot E Belt Line Rd Wilmer, TX 75172
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