Listing Agency: The Michael Group Real Estate

Listed By: Charles Horton · License #0546099 Show Phone

Source: Signaturere

Added: Apr 22 Changed: Oct 25 Last Checked: Jul 16 at 11:02AM

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Investment Insights

Based on property information with market context.

This 69-acre mixed-use development site is located near 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 1 includes 14 two-story townhome buildings on 10 acres. The location is approximately 15 miles from downtown Dallas, with 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 potentially eligible for city tax incentives. Since 2020, 12 million sq. ft. of commercial space has been developed within 5 miles of Wilmer.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open 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.

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

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Frequently Asked Questions

What type of property is this?

Commercial land - 69-acre mixed-use development site near I-45, divisible into lots.

Where is this commercial land located?

The property is located at 1501-Lot 1 E Belt Line Road Wilmer, TX.

What is the asking price?

The asking price for this property is $2,613,600.