Mixed-Use Development
1501-Lot 4 E Belt Line Road Wilmer, TX 75172
1501-Lot 4 E Belt Line Road, Wilmer, TX, 75172
$8,328,067
For Sale
$8,328,067
LAND - Wilmer, TX
Lot Size23.64 Acres
Days on Market151
Property Features for 1501-Lot 4 E Belt Line Road
General Information
- Property type
- Land
- Property subtype
- Other
- Property condition
- Under Construction
- 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
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
The Michael Group Real Estate
(817) 577-9000
Dallas, TX
Listed by
Charles Horton · License #0546099
(214) 692-6400
Added: Feb 17 Checked: Jul 18 at 4:06 am
MLS# 20861570
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Investment Insights
Based on property information with market context.
This for-sale mixed-use development land offering includes Lot 4 with PD multi-family apartments comprising 32 buildings, each three stories, with 27 units per building. The balance of the property is presented as divisible lots ranging from 3 to 23 acres, supporting a variety of project types. Available options described in the listing include a 23,400-square-foot hotel site and 141,847-square-foot office/warehouse flex space, alongside other residential and commercial concepts such as townhomes, single-family homes, multi-family housing, retail, and office space.
The property is located in Wilmer, TX, close to I-45, with easy access to major highways and city utilities. The site is positioned about 15 miles from downtown Dallas, and the listing highlights proximity to large employers including Amazon, Unilever, Whirlpool, and Procter & Gamble.
For developers, investors, and operators, the key advantage is flexibility: existing multi-family infrastructure on Lot 4 can support immediate income while additional acreage may be structured to match market-driven demand across hotel, retail, and warehouse flex uses. The listing also notes potential eligibility for city tax incentives, which may further improve project economics depending on final approvals.
The property is located in Wilmer, TX, close to I-45, with easy access to major highways and city utilities. The site is positioned about 15 miles from downtown Dallas, and the listing highlights proximity to large employers including Amazon, Unilever, Whirlpool, and Procter & Gamble.
For developers, investors, and operators, the key advantage is flexibility: existing multi-family infrastructure on Lot 4 can support immediate income while additional acreage may be structured to match market-driven demand across hotel, retail, and warehouse flex uses. The listing also notes potential eligibility for city tax incentives, which may further improve project economics depending on final approvals.
Key Highlights
- 69‑acre mixed‑use development under construction with public water and public sewer service
- Divisible lots available from 3 to 23 acres for a range of project types
- Lot 4: PD multi‑family apartments on 23.64 acres with 32 buildings, 3 stories, and 27 units per building
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Divisible acreage with an existing multi-family component and options for hotel and flex/warehouse uses near major highways.
Where is this apartment building 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: 69‑acre mixed‑use development under construction with public water and public sewer service; Divisible lots available from 3 to 23 acres for a range of project types; Lot 4: PD multi‑family apartments on 23.64 acres with 32 buildings, 3 stories, and 27 units per building
