460 E John W Carpenter Irving, TX 75062
For Sale
1 / 2
This exceptional 1.23-acre commercial land parcel presents a unique investment opportunity in the highly desirable Las Colinas area of Irving, Texas. Situated on the prominent John W. Carpenter Freeway (Highway 114), this prime corner lot boasts excellent visibility and accessibility. Previously occupied by a Chase Bank drive-through, the property is now deed-restricted and cannot be used as a financial institution, opening up a wide range of development possibilities for other commercial ventures. The lot size is 1.681 square feet, with an asking price of $2,497,600, resulting in a price per square foot of $1,485.78. A survey is available within the property documents for review. This location in Dallas County, Texas, zip code 75062, offers unparalleled access to major transportation arteries, a thriving business community, and a strong residential base. The property's strategic positioning makes it an attractive prospect for developers seeking to capitalize on the area's robust economic growth and high demand for commercial space. Don't miss this chance to acquire a highly visible and well-located commercial land parcel in one of the most sought-after areas of the Dallas-Fort Worth Metroplex. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z57 · Irving, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.