E Vista Ridge Mall Dr Lewisville, TX 75067
Approximately 2-acre hotel site near Music City Mall.
Type:Land
Lot size:
2.00 Acres- Added:
- Jun 21, 2024
- Days on Market:
- 687
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for E Vista Ridge Mall Dr
General Information
- Standard status
- Active
- Lot size
- 2.00 Acres
- Property subtype
- Land
Listing agent Bert Stevens License #448136
Listing office HotelBrokerOne
Listing date Jun 21, 2024
Source Crexi
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
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.
- Strong hotel market evidenced by recent additions of LaQuinta Del Sol and Home2Suites hotels.
- Adjacent Holiday Inn Express recently sold at a very strong price and is performing well.
- Site is nearly square in shape with approximately 287 feet of frontage on Vista Ridge Mall Drive.
Overview
Lewisville Hotel Site Near Mall
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.989408
- Latitude
- 32.994295
Nearby Similar for Sale
FAQs
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.
