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Lewisville Hotel Site Near Mall
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E Vista Ridge Mall Dr, Lewisville, TX 75067

Approximately 2-acre hotel site near Music City Mall.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market780

Property Features for E Vista Ridge Mall Dr

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Land
Zoning TH
Listing Agency: HotelBrokerOne
Listed By: Bert Stevens · License #448136
Source: Crexi
Added: Jun 21, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:27AM

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 HotelBrokerOne

Investment Insights

Based on property information with market context.

This approximate 2-acre hotel site is located in Lewisville, TX, near the Music City Mall. The site fronts Vista Ridge Mall Drive with approximately 287 feet of frontage and is situated in front (north) of the Holiday Inn Express. According to City Planning, the nearly square-shaped site contains 88,819 SF. The LI zoning allows for several uses including hotels but does not allow an “extended stay” hotel outright; however, an extended stay hotel may be possible with a Special Use Permit. Minimum hotel requirements include a minimum guest room size of 325 square feet of floor space, all interior corridors, a minimum of 120 guest rooms, and all new construction shall have a minimum of four stories in height. Two of the following five items must be included: a fitness facility (minimum of 400 square feet), an indoor/outdoor pool (minimum 1,000 square feet), a spa/sauna (minimum 800 square feet), a gift shop (minimum 400 square feet), or an outdoor atrium/plaza with seating space (minimum 1,000 square feet). Additional requirements call for at least three of the following five items: enhanced landscaping standards, a restaurant or bar which provides service to the general public and hotel guests, meeting space of a minimum of 1,500 square feet, a height increased to five or more stories, or enhanced building materials. Lewisville’s diversity includes manufacturing, healthcare, technology, and retail, much of this possible due its advantageous location to DFW airport, major freeways, recreation centers such as ATT stadium, Choctaw Stadium and Lake Lewisville, and other urban centers in Grapevine and Irving.

Key Highlights

  • Prime hotel site location in Lewisville, TX, near Music City Mall.
  • Advantageous location near DFW airport, major freeways, and recreation centers.
  • LI zoning allows for hotels, extended stay possible with Special Use Permit.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby

Demographics for 75067, TX

68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approximately 2-acre hotel site near Music City Mall.
Where is this commercial land located?
The property is located at E Vista Ridge Mall Dr Lewisville, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime hotel site location in Lewisville, TX, near Music City Mall.; Advantageous location near DFW airport, major freeways, and recreation centers.; LI zoning allows for hotels, extended stay possible with Special Use Permit.
More about this property
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