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15150 Commercial Dr 1.37 Acres of Commercial Land Offered at $5,000,000 in Addison, TX 75001

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EXECUTIVE SUMMARY

Great opportunity for a ground lease or build to suit on 1.37 acres in Addison, Texas. This raw land is located on the corner of Arapaho Road and Commercial Drive and is close in proximity to retail/restaurant corridor on Beltline. Daytime traffic is supported by dense office and industrial buildings.

PROPERTY FACTS

Price $5,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
Total Lot Size 1.37 AC
Zoning Planned Development - Planned Development option to build up to 5 stories Les Lacs Jogging trail is on the east border of the property line Arapaho Rd frontage 346ft

1 LOT AVAILABLE

Lot

Price $5,000,000
Price Per AC $3,649,635.04
Lot Size 1.37 AC

Great opportunity for a ground lease or build to suit on 1.37 acres in Addison, Texas. This raw land is located on the corner of Arapaho Road and Commercial Drive and is close in proximity to retail/restaurant corridor on Beltline. Les Lacs Trail

DESCRIPTION

This pad site is located in the heart of Addison, TX. The trade is well known for a robust daytime population as well as being surrounded by 60,000 plus households with over 375,000 people within a 5-mile radius. The site fronts Arapaho Road and offers access from Belt Line road drawing traffic from some of DFW's most established neighborhoods.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100021000103R0000
Land Assessment
$358,540
Improvements Assessment
$0
Total Assessment
$358,540
  • Listing ID: 32025792

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 15150 Commercial Dr, Addison, TX 75001

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