Prime Mixed-Use Development
For Sale
Contact for pricing
Pending
12224 N Central Expy, Dallas, TX 75243
High-density mixed-use development site with excellent thoroughfare access.
Property Size241,758 SF
Lot Size5.55 Acres
Days on Market207
Property Features for 12224 N Central Expy
General Information
Standard status
Pending
Size
241,758 SF
Lot size
5.55 Acres
Property subtype
Mixed Use
Zoning
MU-3
Listing Agency:
Dosch Marshall Real Estate
(775) 815-7387
Listed By:
Trey McGhin · License #TX 643506
Source:
Crexi
Added: Jan 28
Changed: Aug 8
Last Checked: Jul 24 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dosch Marshall Real Estate
Investment Insights
Based on property information with market context.
This property presents a prime development opportunity with MU-3 zoning, allowing for high-density mixed-use projects. The zoning permits a base Floor Area Ratio (FAR) of 3.2, with a maximum of 4.0. The base height allowance is 180 feet (16 stories), potentially reaching up to 270 feet with bonuses, and a maximum of 20 stories (excluding parking garages). The site allows up to 80% lot coverage, maximizing the buildable area. The location provides convenient access to major thoroughfares, being less than 1 mile from I-635 and US 75, and 3 miles east of State Hwy 289. It is situated in close proximity to various points of interest, including Texas Instruments Headquarters (6 minutes), NorthPark Center (10 minutes), University of Texas at Dallas (11 minutes), DFW International Airport (22 minutes), and Downtown Dallas (25 minutes). The property's mixed-use flexibility supports retail, office, hotel, and residential developments, with most main uses permitted by right, eliminating the need for a Specific Use Permit (SUP). The site is suitable for transit stations and transfer centers, accommodating a full range of commercial, office, and residential uses. The property size is 241758 square feet.
Key Highlights
- High‑density MU‑3 zoning with no maximum density limit and up to 4.0 FAR, allowing for significant development.
- Maximum height allowance of 180 feet (16 stories), potentially reaching 270 feet (20 stories) with bonuses.
- Mixed‑use flexibility permits retail, office, hotel, and residential uses, mostly by right.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,428
Businesses Nearby
Explore this area
Business Placement
Demographics for 75243, TX
62,273
Population
31,577
Households
2
Avg Household Size
34
Median Age
34%
College-Educated
86%
High-School Grad
9.2 sq mi
ZIP Area
6,769
Density / Sq Mi
$50,357
Median Household Income
$33,760
Median Earnings
$1,226
Median Rent
$359,100
Median Home Value
Market
Vacancy Rate% for Office in Dallas, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - High-density mixed-use development site with excellent thoroughfare access.
Where is this mixed-use property located?
The property is located at 12224 N Central Expy Dallas, TX.
What are key features of this property?
This property features: High‑density MU‑3 zoning with no maximum density limit and up to 4.0 FAR, allowing for significant development.; Maximum height allowance of 180 feet (16 stories), potentially reaching 270 feet (20 stories) with bonuses.; Mixed‑use flexibility permits retail, office, hotel, and residential uses, mostly by right.
