1942 Keller Pky 38.44 Acres of Residential Land Offered at $12,250,000 in Keller, TX 76248

1942 Keller Parkway presents a 38.44-acre land assemblage in Keller, Texas, offering a large-scale mixed retail and residential development opportunity. The offering combines five contiguous parcels, including 1942 Keller Parkway (28.1 acres), 1920 Keller Parkway (3.9 acres), 228 S Pearson Lane (1.11 acres), 304 S Pearson Lane (0.93 acres), and 312 S Pearson Lane (4.4 acres), providing the scale required to support a comprehensive mixed-use development. The site's visibility along Keller Parkway, with exposure to approximately 39,208 vehicles per day, provides strong market presence and accessibility for future residential and retail development.

Surrounded by dense commercial development, 1942 Keller Parkway benefits from immediate access to established neighborhood amenities and daily demand drivers. Numerous public schools, healthcare providers, and national retailers, including Walgreens, Whataburger, Sprouts Farmers Market, Starbucks, and Hobby Lobby, are located within a 2-mile drive. The site is also approximately 10.5 miles from Dallas-Fort Worth International Airport, providing convenient regional connectivity.

82% of the population within a 5-mile radius is represented by owner-occupied households, providing an opportunity to capture demand from new home buyers in the area, as the population is expected to increase 4.5% more by 2030. There are 22,922 households within 3 miles generating impeccable average household incomes of $198,195, fueling $1.1 billion into annual consumer spending. Additionally, 61% of area residents hold a bachelor's degree or higher, providing a highly educated labor pool for retail developments seeking to expand workforces. Collectively, these characteristics position the assemblage to capitalize on growing demands while providing a solid foundation for future developments.