Description
Prime 4.43-acre mixed-use development opportunity in the highly sought-after Arcadia Park submarket, slated for a 35 percent commercial retail and 65 percent residential project split. This institutional-scale site boasts irreplaceable three-sided frontage on one of Dallas's highest-traffic corridors, with 131,000 VPD on Loop 12 and 22,000 VPD on W. Davis St. Currently zoned CS (Commercial Service), this property qualifies for by-right multifamily and mixed-use development under Texas SB 840 (effective Sept. 1, 2025). This administrative pathway eliminates rezoning risk and dramatically reduces time-to-permit. Designed to accommodate the required 35 to 65 ratio, a conceptual site plan demonstrates potential for approx. 14,930 SF of ground-floor retail alongside 30 to 45 residential units across three buildings. The property features a Zone X flood designation (no floodplain development constraints) and has all major utilities available (extensions required). A Civil Site Feasibility Report and Conceptual Site Plan are available for due diligence. Ideal for mixed-use developers, institutional land banking, or 1031 exchange buyers seeking significant development optionality.
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4.43ACRES
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01/2 BATHS
School Ratings & Info
Description
Prime 4.43-acre mixed-use development opportunity in the highly sought-after Arcadia Park submarket, slated for a 35 percent commercial retail and 65 percent residential project split. This institutional-scale site boasts irreplaceable three-sided frontage on one of Dallas's highest-traffic corridors, with 131,000 VPD on Loop 12 and 22,000 VPD on W. Davis St. Currently zoned CS (Commercial Service), this property qualifies for by-right multifamily and mixed-use development under Texas SB 840 (effective Sept. 1, 2025). This administrative pathway eliminates rezoning risk and dramatically reduces time-to-permit. Designed to accommodate the required 35 to 65 ratio, a conceptual site plan demonstrates potential for approx. 14,930 SF of ground-floor retail alongside 30 to 45 residential units across three buildings. The property features a Zone X flood designation (no floodplain development constraints) and has all major utilities available (extensions required). A Civil Site Feasibility Report and Conceptual Site Plan are available for due diligence. Ideal for mixed-use developers, institutional land banking, or 1031 exchange buyers seeking significant development optionality.
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