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9200 Markville Dr - Strategic Mixed-Use Land at LBJ & US-75 2.75 Acres of Commercial Land in Dallas, TX 75243



Investment Highlights
- Multifamily, Office Retail/ Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning)
- 9200 Markville Drive is nestled in a high-demand development zone with significant need for multifamily, mixed-use, hospitality, and medical projects.
- Within walking distance to lifestyle-enhancing city amenities, including Dallas’ six brand-new pickleball courts, located directly behind the site.
- Immediate access to US-75 & I-635, walk to DART, 10 minutes to Galleria, NorthPark, UTD, Medical City, Richland College & Costco.
- All on-site utilities: A 57,000-square-foot office/retail building was demolished in 2018, leaving full utility access and a development-ready parcel.
- Ideal for retail, multifamily, medical, hotel, office, or entertainment. Minutes from Medical City, DART, Costco, and major new developments.
Executive Summary
±2.75-acre shovel-ready development site with prior City of Dallas approvals in place for approximately 70 large-format residential units. The site also offers flexibility to increase density, with the potential to accommodate ~100 units under a revised plan, and up to ~300 units with a wrap-style development concept (subject to approvals). Ideal for developers seeking an infill project with reduced entitlement risk and an accelerated path to construction. Prime location surrounded by strong residential and commercial demand drivers.
9200 Markville Drive offers a prime infill development opportunity in one of Dallas’ most dynamic and rapidly revitalizing corridors. The site consists of ±2.75 acres with excellent frontage, visibility, and access, positioned just off Interstate 635 and minutes from major destinations, including NorthPark Mall, Galleria Dallas, the University of Texas at Dallas (UTD), Richland College, Medical City Dallas, and Costco.
Mixed Use Zoning. MU-3 is a broad zoning that allows 80% land coverage, and 18 stories height, and 10% industrial allowed.
Retail, Office, Hotel.
All utilities are readily available at the property, as the prior 57,000-square-foot office/retail building was demolished in 2018, making the site development-ready. The area surrounding 9200 Markville Drive is highly desirable, featuring strong traffic counts, dense residential neighborhoods, and significant retail and medical demand. The City of Dallas has also added new pickleball courts directly behind the site, further enhancing the area’s recreational appeal.
9200 Markville Drive is ideal for a range of uses, including multifamily, medical office, hospitality, retail, senior living, mixed-use, or build-to-suit opportunities. With its strategic location, strong demographics, and high-growth surroundings, 9200 Markville Drive offers a rare opportunity to develop in an established, high-performing Dallas submarket.
Matterport 3D Tour
Property Facts
1 Lot Available
Lot
| Lot Size | 2.75 AC |
| Lot Size | 2.75 AC |
Prime 2.75± acre MU-3 mixed-use site at US-75 & I-635 in North Dallas. Ideal for retail, multifamily, medical, hotel, office, or entertainment. Minutes from Medical City, DART, Costco, and major new developments. Available for sale or ground lease.
Description
# Strategic Mixed-Use Development Site | 9200 Markville Dr | Dallas, TX ## 2.75± Acres | MU-3 Zoning | Ground Lease or Sale An exceptional opportunity to acquire or ground lease one of the few remaining infill development sites in the rapidly transforming North Dallas corridor. Located at the highly visible intersection of **US-75 (Central Expressway) and LBJ Freeway (I-635)**, this 2.75± acre property offers outstanding access, flexible MU-3 zoning, and proximity to some of the region's most significant current and planned developments. ### Property Highlights * 2.75± acres * MU-3 Mixed-Use zoning * Available for Ground Lease or Sale * Existing utilities at the site * Excellent visibility and access from US-75 and I-635 * Minutes from Downtown Dallas, Richardson, Plano, and Addison * Walking distance to LBJ/Central DART Station * Ideal for mixed-use, retail, restaurant, hotel, medical office, entertainment, recreation, office, senior housing, multifamily, and other commercial developments ### Positioned in the Path of North Dallas Growth The property is surrounded by billions of dollars in public and private investment, making it one of the premier redevelopment opportunities in North Dallas. #### Major Area Catalysts * **Future Dallas Mavericks Arena & Entertainment District** – The Mavericks have selected the former Valley View Mall site for a planned 104-acre mixed-use development featuring a new NBA arena, entertainment venues, restaurants, hotels, retail, offices, residential uses, and public gathering spaces. This transformational project is expected to become one of Dallas' premier entertainment destinations and a major economic driver for the North Dallas corridor. ([Reuters][1]) * **Planned H-E-B at Hillcrest & LBJ (I-635)** – The first H-E-B store within the City of Dallas is planned just minutes from the property, further strengthening retail demand and attracting additional commercial development. ([YouTube][2]) * Medical City Dallas Hospital and surrounding medical district * Richland College and nearby University of Texas at Dallas * Costco, major employment centers, and numerous corporate headquarters * Immediate access to the LBJ/Central DART Station providing regional connectivity * Continued residential, multifamily, and mixed-use growth throughout the Midtown and North Dallas corridor. ([Wikipedia][3]) ### Development Potential The site's flexible MU-3 zoning and strategic location make it suitable for numerous uses, including: * Mixed-Use Development * Multifamily * Retail Center * Entertainment & Recreation * Indoor Sports Facility * Soccer Training Center * Medical Office * Hotel * Office Campus * Senior Living * Educational Facility * Corporate Headquarters With exceptional freeway visibility, regional accessibility, and multiple transformational developments underway nearby, 9200 Markville Drive represents one of the last premier mixed-use development opportunities in the North Dallas market. [1]: https://www.reuters.com/sports/mavericks-select-north-dallas-site-new-arena--flm-2026-06-02/?utm_source=chatgpt.com "Mavericks select North Dallas site for new arena" [2]: https://www.youtube.com/watch?v=Ty3hkAgjDuQ&utm_source=chatgpt.com "Dallas Mavericks New Arena Location Revealed! - Eve Holder ..." [3]: https://en.wikipedia.org/wiki/Midtown%2C_Dallas?utm_source=chatgpt.com "Midtown, Dallas" Rare opportunity to acquire a ±2.75-acre mixed-use development site in the heart of Lake Highlands, one of North Dallas’ most desirable and rapidly evolving submarkets. Zoned MU-3, the property offers exceptional flexibility for multifamily, mixed-use, retail, office, or hotel development, with the ability to achieve high density and vertical scale—a rare combination in this infill location. The site is ideally positioned just minutes from LBJ Freeway (I-635) and US-75, providing outstanding regional connectivity and visibility. Surrounded by strong demographics and major employment drivers including Texas Instruments, Medical City Dallas, and Richland College, the area continues to experience significant residential and commercial growth. Previously improved with a ±56,000 SF structure (demolished in 2018), the site benefits from established utility infrastructure, allowing for a more efficient path toward redevelopment. The zoning supports up to ~80% lot coverage and substantial height potential, making it ideal for mid-rise, wrap, or podium multifamily projects with the ability to maximize unit count and returns. Additional highlights include proximity to Galleria Dallas, NorthPark Center, and multiple hospitality and retail amenities, as well as nearby public investments such as the Dallas Water Utilities facility and new recreational developments, further enhancing long-term value. This is one of the few remaining infill sites in the area capable of supporting higher-density development, offering developers a unique opportunity to deliver a well-positioned project in a supply-constrained corridor.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Jg's Old Fashioned Hamburgers | South American | $ | 6 min walk |
| Dante's Pizza & Pasta | Pizza | $ | 6 min walk |
| Chick-Fil-A | - | - | 9 min walk |
| Olive Garden | - | - | 8 min walk |
| Whataburger | - | - | 9 min walk |
| Outback Steakhouse | - | - | 9 min walk |
| McDonald's | - | - | 12 min walk |
| Braum's | - | - | 12 min walk |
| Subway | - | - | 13 min walk |
Retail |
||
|---|---|---|
| United States Postal Service | Other Services | 2 min walk |
| Great Expressions Dental Centers | MD/DDS | 6 min walk |
| Planet Fitness | Fitness | 11 min walk |
| Walmart | Dept Store | 12 min walk |
| KinderCare | Daycare | 11 min walk |
| Bank of America | Bank | 13 min walk |
| Kroger | Supermarket | 12 min walk |
Hotels |
|
|---|---|
| Homewood Suites by Hilton |
78 rooms
1 min drive
|
| Fairfield Inn |
94 rooms
1 min drive
|
| Sonesta Simply Suites |
122 rooms
4 min drive
|
| Westin |
536 rooms
6 min drive
|
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,769,220 | Total Assessment | $1,769,220 |
Property Taxes
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9200 Markville Dr - Strategic Mixed-Use Land at LBJ & US-75

