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Maple Ave & Lucas Dr
Dallas, TX 75219
Maple Avenue Development Site · Land For Sale · 2.00 AC

INVESTMENT HIGHLIGHTS

  • For Sale or Ground Lease
  • High Barriers to Entry
  • Redeveloping Neighborhood
  • Excellent Location
  • Prime Development Site
  • Strong Demographics

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 2.00 AC
Zoning PD 193 GR, MF-2 & P

DESCRIPTION

EXCELLENT LOCATION: The Property is ideally situated along Maple Ave near Wycliff Ave, which both serve as primary arteries for the neighborhood and surrounding areas. The intersection of Maple Ave and Wycliff Ave sees over 40,000 vehicles per day with approximately 18,000 vehicles passing directly in front of the Property on Maple Ave. The Property is a true infill location that is well-positioned just minutes from Dallas’ Medical District, Downtown Dallas, Love Field Airport and the Park Cities. HIGH BARRIERS TO ENTRY: Barriers to entry are high as there are few available sites within close proximity of the Property. PRIME DEVELOPMENT SITE: The Property is approximately 2 acres with ample frontage on Maple Ave, Lucas Dr and Lake Ave. The Property’s location at the signalized intersection of Maple Ave and Lucas Dr provides excellent access and exposure to vehicular traffic. By right, the entitlements at the Property allow for a variety of retail, office and multifamily uses. REDEVELOPING NEIGHBORHOOD: The subject neighborhood is experiencing significant gentrification and investment, with many aging single-family residences and apartment buildings being redeveloped with modern homes, townhomes, duplexes and apartments. STRONG DEMOGRAPHICS: The Property is located within rapidly improving demographics and is projected to continue to experience increases in population and households incomes over the next five years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000210319000000
Land Assessment
$838,610
Improvements Assessment
$10,000
Total Assessment
$848,610
  • Listing ID: 25951262

  • Date on Market: 6/16/2022

  • Last Updated:

  • Address: Maple Ave & Lucas Dr, Dallas, TX 75219

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