Property summary
This exceptional 6.9-acre vacant land parcel presents a remarkable investment opportunity in Balch Springs, Texas. Located at 3416 Hickory Tree Road, this property boasts convenient access to major thoroughfares, including I-635, I-20, I-30, and Highway 175, ensuring excellent visibility and accessibility. Currently zoned LR (Local Retail), the land is primed for a variety of commercial developments, including restaurants, strip centers, convenience stores, professional or medical offices, retail spaces (department stores, grocery stores, hardware stores, furniture stores), financial institutions, amusement facilities, and schools. The possibilities are extensive, catering to a wide range of business needs. Furthermore, there's potential for rezoning to residential use, adding another layer of flexibility for future development plans. The property's value is solely attributed to the land itself; no value is assigned to any potential existing structures. A detailed report on the ongoing widening of Hickory Tree Road and a comprehensive land use chart are available upon request. This property offers significant potential for growth and return on investment. Consider the strategic advantage of combining this 6.9-acre parcel with the adjacent 10.939-acre property located at 12004 Quail Dr (MLS# 20490603) for a combined total of approximately 17.839 acres. The asking price for this exceptional opportunity is $796,495. Don't miss this chance to acquire a prime piece of Dallas County real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Z138 · Balch Springs, TXZoning
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Zoning designation
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The district profile from the municipal source: what is on file for Z138 in Balch Springs, TX.
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