Development Land for Apartment
For Sale
Contact for pricing
Pending
2847 Anderson Gibson Rd, Grapevine, TX 76051
Land parcel marketed for a multi-stage apartment development with updated access via Grapevine Mills Road.
Property SizeContact for details
Days on Market142
Property Features for 2847 Anderson Gibson Rd
General Information
Standard status
Pending
Property subtype
Multifamily, Land
Additional Details
Road Access
Yes
Listing Agency:
Commercial Real Estate Exchange
Listed By:
CREXi Auction Specialist · License #--
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 29 at 6:57AM
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 Commercial Real Estate Exchange
Investment Insights
Based on property information with market context.
This is a land parcel proposed for luxury apartment homes, currently being designed for development in three stages. The remarks note that the zoning for the 125-unit apartment plan has not been submitted to the City, and prospective buyers should perform their own due diligence regarding development design and approvals.
The property is located at 2847 Anderson Gibson Road in Grapevine. The remarks also state that Anderson Gibson Road has recently been abandoned at the owner’s request and that the site is accessible via Grapevine Mills Road, which adds approximately 1/3 acre to the construction area.
Adjacent apartment communities are reported to be operating at occupancy close to 98%, which the offering materials cite in support of demand for the area. Prospective buyers are directed to review registration requirements and regulations directly through the platform or by contacting the listing representative.
The property is located at 2847 Anderson Gibson Road in Grapevine. The remarks also state that Anderson Gibson Road has recently been abandoned at the owner’s request and that the site is accessible via Grapevine Mills Road, which adds approximately 1/3 acre to the construction area.
Adjacent apartment communities are reported to be operating at occupancy close to 98%, which the offering materials cite in support of demand for the area. Prospective buyers are directed to review registration requirements and regulations directly through the platform or by contacting the listing representative.
Key Highlights
- 2847 Anderson Gibson Road, Grapevine: land parcel marketed for a multi‑stage apartment development
- Proposed 125‑unit apartment development (zoning for the 125 units has not been submitted to the City)
- Access update: Anderson Gibson Road was recently abandoned at the owner’s request; site accessible via Grapevine Mills Road and adds about 1/3 acre to the construction area
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
Demographics for 76051, TX
49,969
Population
22,529
Households
2.2
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
2,241
Density / Sq Mi
$111,193
Median Household Income
$61,522
Median Earnings
$1,806
Median Rent
$467,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land parcel marketed for a multi-stage apartment development with updated access via Grapevine Mills Road.
Where is this residential land & home lot located?
The property is located at 2847 Anderson Gibson Rd Grapevine, TX.
What are key features of this property?
This property features: 2847 Anderson Gibson Road, Grapevine: land parcel marketed for a multi‑stage apartment development; Proposed 125‑unit apartment development (zoning for the 125 units has not been submitted to the City); Access update: Anderson Gibson Road was recently abandoned at the owner’s request; site accessible via Grapevine Mills Road and adds about 1/3 acre to the construction area
