Prime 4.43-acre mixed-use development opportunity in the highly sought-after Arcadia Park submarket. 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. A conceptual site plan demonstrates potential for ~14,930 SF of ground-floor retail and 30-45 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). 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.
Listing courtesy of Darden Mcglothlin from Estate Realty, Inc.. Contact: 214-390-5417