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    2002 Wheatland Rd Dallas, TX 75241

    For Sale
    Contact for pricing

    Prime Dallas location, redevelopment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.75-acre parcel, located at 2002 E Wheatland Road in Dallas, Texas (zip code 75241), presents a unique redevelopment opportunity. Zoned Z39, the property offers versatility for a range of uses, including residential (multifamily), industrial, office, retail, or storage. The lot boasts approximately 251 feet of frontage. Its strategic location provides direct freeway access to I-20 and I-35, ensuring excellent connectivity. The property's proximity to a DART rail station and the University of Texas at Dallas campus further enhances its appeal. The site benefits from planned city improvements, including new roads and infrastructure, as well as existing curb, gutter, and streets. A total buildable area of 206,909 square feet is possible. For those seeking a larger footprint, an adjacent 4.75-acre lot is also available for purchase, potentially doubling the available land to a combined 9.5 acres. This presents a rare chance to acquire a significant land holding in a rapidly developing area of Dallas. The property is currently vacant, making it ideal for immediate development.

    Property Features for 2002 Wheatland Rd

    General Information

    Property type
    Land
    Lot Size
    206,910 SF

    HighLights

    • 9.5 acres of vacant land available for redevelopment, suitable for residential, multifamily, industrial, office, retail, or storage uses.
    • Expansion option: Adjacent 4.75‑acre lot also available for purchase.
    • 251 feet of frontage on Killough Blvd.
    • Excellent location with direct freeway access to I‑20 and I‑35.
    • Convenient proximity to DART rail station and UT Dallas campus; planned city improvements include new roads and infrastructure.
    • Existing curb, gutter, and streets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7601057
    Latitude
    32.6604239

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    FAQs

    What type of property is this?
    Land - Prime Dallas location, redevelopment opportunity.
    Where is this land located?
    The property is located at 2002 Wheatland Rd Dallas, TX.
    What are key features of this property?
    This property features: 9.5 acres of vacant land available for redevelopment, suitable for residential, multifamily, industrial, office, retail, or storage uses.; Expansion option: Adjacent 4.75-acre lot also available for purchase.; 251 feet of frontage on Killough Blvd.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2002 Wheatland Rd Dallas, TX 75241
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