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This Sports & Entertainment Property is no longer advertised on LoopNet.com.

1951 Summit Ave
Lewisville, TX 75077
Sports & Entertainment Property For Sale · 8,252 SF

Investment Highlights

  • 8,252 SF BUILDING
  • 3,000 SF WAREHOUSE OR STORAGE
  • "FUN ZONE" (MINI GOLF, GO KART TRACK, BATTING CAGES, VIDEO GAMES)
  • 40,000 SF PAVED PARKING
  • ZONING: NORTHERN GATEWAY DISTRICT
  • EXCESS LAND AND PARKING

Property Facts

Property Type Sports & Entertainment
Building Class C
Lot Size 7.34 AC
Building Size 8,252 SF
No. Stories 1
Year Built 2002

Amenities

  • Air Conditioning

About 1951 SUMMIT AVE , LEWISVILLE, TX 75077

The property is located in the northwest corner of I-35 and FM 407 (Justin Road), in Lewisville (Dallas Ft. Worth Metroplex). Developed in 2002 by the current owner as an amusement business, the "Fun Zone" features mini golf, go karts, batting cages, video games, concessions, and other games/events. Platted as one lot, the property consists of 7.035 acres, an 8,252 SF main building, two warehouses (1,500 SF each), and approximately 40,000 SF of concrete paving. In addition, there is an excess of 30,000 SF of land on the west side and an excess of 20,000 SF of land on the south side. Construction to expand I-35 is complete and the property has 318 feet of frontage road with a proposed access to the property. The existing access is from FM 407 and Summit Avenue. The property is located within Lewisville's Northern Gateway District zoned for mixed use and class A development. Opportunity exists for re-development or expansion of it's current use. Traffic counts indicate 110,000+ vehicles per day via I-35. FM 407 & Summit Avenue average 23,000+ vehicles a day.

Property Taxes

Property Taxes

Parcel Number
R583715
Land Assessment
$3,068,149
Improvements Assessment
$241,851
Total Assessment
$3,310,000
  • Listing ID: 17549743

  • Date on Market: 10/25/2019

  • Last Updated:

  • Address: 1951 Summit Ave, Lewisville, TX 75077

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