Firewheel Parkway Commercial Land
For Sale
Contact for pricing
Pending
Firewheel Pkwy, Garland, TX 75040
5-acre commercial tract on Firewheel Parkway in Garland, Texas.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market1305
Property Features for Firewheel Pkwy
General Information
Standard status
Pending
Lot size
5.00 Acres
Property subtype
Land
Zoning
Retail
Listing Agency:
Tallal Realty Advisor
Listed By:
Jody Tallal · License #TX 201816
Source:
Crexi
Added: Jan 25, 2023
Changed: Aug 8
Last Checked: Aug 2 at 7:51AM
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 Tallal Realty Advisor
Investment Insights
Based on property information with market context.
This is a 5-acre commercial tract (4.25 acres net of flood) situated along the south side of Firewheel Parkway, positioned between Castle Road and Centerville Road in Garland, Texas. The area features significant residential development, and available commercial tracts fronting Firewheel Parkway are limited. The tract is located along the eastern line of the high bank of Rowlett Creek and extends approximately 800 feet east along Firewheel Parkway towards Castle Drive. The tract is level and easily identifiable as a separate tract when viewed from Firewheel Parkway. The property qualifies for multi-family development under SB 840 at 36 units per acre, with a 45-foot height allowance, and a requirement of 1 parking space per unit. Rezoning for townhomes is also a possibility, as it was previously zoned for that purpose in 2005. There is also strong potential for senior multi-family housing use. Firewheel Parkway is a major exit off the President George W. Bush Tollway, a six-lane road with a divided median. Firewheel Mall is located 2 miles to the west.
Key Highlights
- Prime location on Firewheel Parkway with high visibility and accessibility.
- Development potential for multi‑family housing under SB 840 (36 units/acre).
- Priced competitively at $1,306,800, making it one of the cheapest properties in the market.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 75040, TX
64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 5-acre commercial tract on Firewheel Parkway in Garland, Texas.
Where is this commercial land located?
The property is located at Firewheel Pkwy Garland, TX.
What is the asking price?
The asking price for this property is $1,306,800.
What are key features of this property?
This property features: Prime location on Firewheel Parkway with high visibility and accessibility.; Development potential for multi‑family housing under SB 840 (36 units/acre).; Priced competitively at $1,306,800, making it one of the cheapest properties in the market.
