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Property profile & analytics
OFF-MARKET
Commercial land

12099 Luna Rd Farmers Branch, TX 75234

3.01 ac lot Built 2023
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US82-7548149
Property summary
AI-generated overview

This exceptional 2.496-acre commercial land parcel presents a unique investment opportunity in the thriving Farmers Branch, Texas market. Situated in the southwest quadrant of the highly visible intersection of Mercer Parkway and Luna Road, this property benefits from exceptional accessibility and high visibility. The land is zoned Mercer Crossing PD-88, a designation specifically permitting the development of hotels and retail establishments. This zoning allows for a wide range of development possibilities, catering to diverse business needs and maximizing investment potential. The location offers unparalleled convenience, being situated just west of the heavily trafficked intersection of I-35 and LBJ Freeway, ensuring significant exposure to a large and diverse customer base. This prime location provides easy access to major transportation arteries, facilitating seamless commutes for employees and customers alike. The expansive lot size provides ample space for a substantial development project, allowing for flexibility in design and maximizing the potential return on investment. Given the strategic location and approved zoning, this property represents a rare opportunity to capitalize on the robust growth and development within the Farmers Branch area. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property address is 12099 Luna Road, Farmers Branch, Texas, 75234, within Dallas County.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2023
Lot 3.01 ac (131,246 SF)
Zoning code Z236
APN 241496500A0010000
UPID US82-7548149
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Roers Farmers Branch Apartments LLC · 3 yrs held
Roers Farmers Branch Apartments LLC
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
Zoning & alternative use
Z236 · Farmers Branch, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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