Divisible Retail Development
For Sale
$2,603,145
1501-Lot 3 1501-Lot 3 E Belt Line Rd, Wilmer, TX 75172
Flexible parcels near I-45 support a range of residential and commercial development plans, including PD retail.
Property SizeContact for details
Lot Size69.00 Acres
Days on Market52
Property Features for 1501-Lot 3 1501-Lot 3 E Belt Line Rd
General Information
Standard status
Active
Lot size
69.00 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Listing Agency:
The Michael Group Real Estate. Contact:
(214) 216-2161
Listed By:
Charles Horton
Source:
Dallashomerealty
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 4 at 7:30AM
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 The Michael Group Real Estate. Contact:
Investment Insights
Based on property information with market context.
This offering is a mixed-use development land opportunity in Wilmer, Texas, with divisible lots ranging from 3 to 23 acres. The site is positioned to support multiple project types, including hotel, townhomes, single-family and multi-family housing, warehouse flex, retail, and office. Lot 3 specifically includes a PD Retail improvement totaling 77,982 square feet on 7.47 acres, offering an established platform for retail-focused concepts.
The property is located close to I-45, with access to major highways and city utilities noted as available. Additional available development components referenced in the offering include a 23,400-square-foot hotel and 141,847 square feet of office warehouse space. The remarks also note that several large corporations are operating nearby.
For buyers or developers seeking adaptable acreage, the mix of divisible lot sizes can accommodate different scales of residential and commercial uses. Lot 3’s PD Retail configuration may be particularly useful for retail operators and developers looking for an improvement already tied to a planned retail designation. The offering further indicates potential eligibility for city tax incentives, which may support project structuring and underwriting for qualified plans.
The property is located close to I-45, with access to major highways and city utilities noted as available. Additional available development components referenced in the offering include a 23,400-square-foot hotel and 141,847 square feet of office warehouse space. The remarks also note that several large corporations are operating nearby.
For buyers or developers seeking adaptable acreage, the mix of divisible lot sizes can accommodate different scales of residential and commercial uses. Lot 3’s PD Retail configuration may be particularly useful for retail operators and developers looking for an improvement already tied to a planned retail designation. The offering further indicates potential eligibility for city tax incentives, which may support project structuring and underwriting for qualified plans.
Key Highlights
- 69‑acre mixed‑use development site near I‑45 with divisible lots from 3 to 23 acres
- Lot 3 includes a PD retail building totaling 77,982 SF on 7.47 acres at $8.00/SF ($2,603,145)
- Includes a 23,400 SF hotel lot option
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Flexible parcels near I-45 support a range of residential and commercial development plans, including PD retail.
Where is this commercial land located?
The property is located at 1501-Lot 3 1501-Lot 3 E Belt Line Rd Wilmer, TX.
What is the asking price?
The asking price for this property is $2,603,145.
What are key features of this property?
This property features: 69‑acre mixed‑use development site near I‑45 with divisible lots from 3 to 23 acres; Lot 3 includes a PD retail building totaling 77,982 SF on 7.47 acres at $8.00/SF ($2,603,145); Includes a 23,400 SF hotel lot option
