5525 Lyndon B Johnson Fwy | Dallas, TX 75240
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- LoopNet Team
5525 Lyndon B Johnson Fwy
Dallas, TX 75240
Vacant Multifamily Redevelopment Opportunity · Office Property For Sale
Investment Highlights
- Irreplaceable redevelopment opportunity with lucrative zoning in place for multifamily, hotel, retail, and office projects.
- The ultimate trifecta: the site's location, zoning, and 100% vacant existing structures provide ultimate flexibility to developers and investors.
- The intersection of I-635 and Dallas North Tollway has over 250,000 vehicles per day, and the trade area population is over 2.4 million.
- Iconically located at the Dallas North Tollyway and I-635, within the Dallas International District, and adjacent to the Galleria Mall.
- Users will benefit by growing their business in an iconic metropolis, while an investor will profit from leasing in a top-tier commercial market.
- Other developments surrounding the site include New Luxury Apartments, Class A Offices and Dallas’ High Performing Galleria Mall.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Building Size
120,000 SF
Building Class
B
Year Built/Renovated
1979/1994
Percent Leased
Vacant
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
20,000 SF
Building FAR
1.00
Lot Size
2.75 AC
Parcel Number
00000663345800000
Zoning
PD-887 - PD-887 Subdistrict 2 - regulations for WMU-40 Walkable Urban Mixed Use apply - 40 story max height, allows for multifamily, office, retail and hotel.
Parking
454 Spaces (3.78 Spaces per 1,000 SF Leased)
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