3340 W Royal Ln
Irving, TX 75063
LAS COLINAS PAD SITE · Land For Sale · 1.43 AC

SUBJECT PROPERTY: located approx. 1/2 mile north of the intersection of Belt Line Rd. and SH114 and within 5 miles of D/FW Regional Airport. Available pad site is 1.43 acres and is zoned C-N Neighborhood Commercial, a very broad zoning category permitting retail, restaurant, office and mixed uses. (SEE ZONING ORDINANCE ATTACHED ) Also attached below is a "Potential Building Schematic" containing 10,000 to 12,000 sf. with parking to the site which is only intended to show one possible building layout. The "pad site" can be accessed off Belt Line Rd. from Royal Lane or Bent Branch Dr. and has a "cross access drive" connecting to the adjacent Goody Goody liquor store. SITE ANALYSIS: Major residential communities of Hackberry Creek, a premier gated community, Stonegate, Parkside Homes and the Commons at Parks are located in the immediate area surrounding the property. In addition, many retail, office and industrial buildings are located along the Belt Line Rd corridor. AREA ANALYSIS: (1) Approx. one mile to the north, Belt Line Rd. intersects Interstate 635 (LBJ FWY), the city limit of Coppell, TX, which is the home to Cypress Waters, a 1000 acre mixed use development containing over 3.5 MM sf of office and 300,000 sf. of retail with major corporate headquarters of 7/11, Core Logic, Brinker Intl. and Nokia plus and a large density of apartment and residential communities. To the east of the intersection of Belt Line Rd. & Interstate 635 (LBJ FWY), several major retail developments are located along the freeway extending to MacArthur Blvd., which connects with the Valley Ranch subdivision to the north and to major retail centers to the south. (2) Approx 1/2 mile to the South, Belt Line Road intersects SH 114 and extends for five (5) miles to the Irving Regional Mall at the intersection with SH 183 (Airport Fwy.), and the entire area contains a large density of residential, apartment and retail communities. (3) To the West, SH 114 extends to the entrance to D/FW Airport thru the city of Grapevine with major hotels and office buildings located on the freeway and in the Freeport Trade Zone Area. (4) To the East, SH 114 intersects the Bush Turnpike (SH 161) within 1.5 miles, and MacArthur Blvd. within 2-miles. In this area, over seven Fortune 500 and twelve (12) Fortune 1000 companies are located in Las Colinas with over 25 MM sq. ft. of office buildings and 3 MM sq. ft. of Retail developments. MacArthur Blvd., a major north/south thoroughfare, extends thru the Valley Ranch residential subdivision to the northern city limits of Las Colinas and to the south to SH 183 (Airport Fwy.) with a large density of residential neighborhoods and retail centers located in the area. (SEE SITE PLAN, REPLAT, POSSIBLE BUILDING LAYOUT AND ZONING ORDINANCE ATTACHED BELOW)