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5529 Lake Ridge Parkway
Grand Prairie, TX 75052
Lake Ridge Parkway Commercial/Medical Site · Land For Sale · 6.53 AC

Investment Highlights

  • Located in SW Grand Prairie with Great Demos
  • 6.533 Acre Site, Level, Clean
  • Lake Ridge Parkway Emerging as Major Medical Corridor
  • Lake Ridge Parkway is a Major Street and Access is Clean at Median Opening
  • Suited for Commercial or Medical Campus Development
  • Contact Wayne through Wayne.Burgdorf@svn.com for PDF Brochure

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Healthcare
Total Lot Size 6.53 AC
Zoning F1

Description

The site is located in southwest Grand Prairie where strong residential development is just about complete and commercial uses are coming in. This is one of the best demographic areas of Grand Prairie considering population and income. The site is located on the west side of Lake Ridge Parkway, just south of Camp Wisdom. Regional retailers are along the freeway corridors nearby, and Lake Ridge Parkway has emerged as a popular medical and retail corridor. The site has 6.533 acres with 607 feet of frontage and a varying depth of 360-500'. The site can have two drive approaches, one at the median opening of Montgomery Drive. Lake Ridge has about 16,500 vpd at this location. It is about the cleanest site you will see with level terrain, no flood, no unusual easements, and all utilities. It is zoned for commercial uses for retail, office, and service uses. The Seller is plugged in to Grand Prairie and can be of great help in getting zoning tweaked for medical campus such as assisted living or skilled nursing.

Property Taxes

Property Taxes

Parcel Number
41500377
Land Assessment
$1,177,358
Improvements Assessment
$0
Total Assessment
$1,177,358
  • Listing ID: 24089765

  • Date on Market: 9/14/2021

  • Last Updated:

  • Address: 5529 Lake Ridge Parkway, Grand Prairie, TX 75052

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