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821 Benge Dr - 817/819/821 Benge Dr 1.7 Acres of Commercial Land Offered at $1,995,000 in Arlington, TX 76013
INVESTMENT HIGHLIGHTS
- Closest available property to University of Texas at Arlington
EXECUTIVE SUMMARY
Redevelopment Opportunity Adjacent to UTA – Arlington, TX
Largest single parcel available next to the University of Texas at Arlington, offering unmatched potential for mixed-use development. The site includes a development plan for a six-story structure with over 350 residential units, integrated parking garage, and ground-floor retail. Positioned directly adjacent to over 1,000 students, this location provides strong demand for retail and housing.
Texas Senate Bill 840 (SB 840) allows for immediate zoning change, streamlining the entitlement process. The existing 10,000 sq ft building will need to be scraped, creating a clean slate for new construction. Strategic location near UTA ensures high visibility and walkability, making this an ideal project for developers seeking scale and proximity to a major university.
Largest single parcel available next to the University of Texas at Arlington, offering unmatched potential for mixed-use development. The site includes a development plan for a six-story structure with over 350 residential units, integrated parking garage, and ground-floor retail. Positioned directly adjacent to over 1,000 students, this location provides strong demand for retail and housing.
Texas Senate Bill 840 (SB 840) allows for immediate zoning change, streamlining the entitlement process. The existing 10,000 sq ft building will need to be scraped, creating a clean slate for new construction. Strategic location near UTA ensures high visibility and walkability, making this an ideal project for developers seeking scale and proximity to a major university.
PROPERTY FACTS
| Price | $1,995,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 1.70 AC |
| No. Lots | 1 | Year Built | 1964 |
| Property Type | Land | ||
| Zoning | F1 Commercial - - Texas Senate Bill 840 (SB 840) allows for immediate zoning change. | ||
| Price | $1,995,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.70 AC |
| Year Built | 1964 |
| Zoning | F1 Commercial - - Texas Senate Bill 840 (SB 840) allows for immediate zoning change. |
1 LOT AVAILABLE
Lot
| Price | $1,995,000 | Lot Size | 1.70 AC |
| Price Per AC | $1,173,529.41 |
| Price | $1,995,000 |
| Price Per AC | $1,173,529.41 |
| Lot Size | 1.70 AC |
SIGNIFICANT PRICE REDUCTION Recent Texas Senate Bill 840 (SB 840), makes this property available for immediate development for campus housing on 9/1/25 LAST large piece of property available adjacent to University of Texas at Arlington
DESCRIPTION
- Over 1,000 students adjacent to property for retail tenants. - Development plan available for 6 stories, 350+ units, parking garage and bottom floor retail. - Largest single parcel available adjacent to UTA. - Texas Senate Bill 840 (SB 840) allows for immediate zoning change. -10,000 sq ft building will need to be scraped.
PROPERTY TAXES
| Parcel Number | 07324626 | Improvements Assessment | $624,964 |
| Land Assessment | $135,036 | Total Assessment | $760,000 |
PROPERTY TAXES
Parcel Number
07324626
Land Assessment
$135,036
Improvements Assessment
$624,964
Total Assessment
$760,000
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821 Benge Dr - 817/819/821 Benge Dr
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