1202 Ih & Peninsula Way Garland, TX 75043
- Land
- 0.46 lot acres
Current Use by Public Records
- Land
Property Details for 1202 Ih & Peninsula Way
- Lot size
- 0.46 lot acres
- Property type
- Land
Description
This exceptional .46-acre lot, situated at the southeast corner of 1202 East I-30 and Peninsula Way in Garland, Texas, presents a unique development opportunity. Zoned for Planned Development (Multifamily), this property is ready for immediate construction. Its location within Garland ISD offers convenient access to excellent schools. The site boasts on-site water and sewer utilities, simplifying the development process. The high-traffic intersection of I-30 and Peninsula Way provides exceptional visibility and accessibility, further enhanced by the surrounding retail and restaurant establishments. Several new multifamily projects in the immediate vicinity underscore the area's strong demand and growth potential. With an estimated daily traffic volume on I-30 of approximately 4,137 vehicles, this location offers unparalleled exposure for any development. This central location makes it ideal for a compact, thriving neighborhood, offering residents easy access to amenities and transportation. The property's .46-acre size allows for efficient and effective development, maximizing the potential return on investment. This is a rare opportunity to acquire a prime development site in a rapidly growing area of Garland, Texas. Don't miss out on this chance to build your next successful project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Garland
- County
- Dallas
- State
- Texas
- Longitude
- -96.5516
- Latitude
- 32.8532