±1.3256 Acres | Infill Multifamily Development Opportunity

Description:

Located just north of Interstate 30 and immediately east of Downtown Dallas, this ±1.3256-acre infill tract presents a high-visibility multifamily development opportunity in a corridor experiencing continued residential momentum.

The property offers approximately 175 feet of frontage on Terry Street and 281 feet along Peak Street, with secondary paved access via 509 Ann Avenue, included in the sale. The dual frontage and additional access point provide exceptional flexibility for site planning, parking configuration, and construction logistics.

The site is flat, cleared, unimproved, and utilities are available at the street. No portion of the property lies within a flood zone.

 


Traffic & Accessibility

According to the TxDOT Traffic Count Map (2024 data):


Peak Street (between Willow St & East Side Ave): 10,065 VPD
IH-30 at Fitzhugh Ave: 187,533 VPD


Immediate proximity to IH-30 provides rapid connectivity to Downtown Dallas, major employment centers, and regional transportation corridors—enhancing both leasing velocity and long-term asset liquidity.

Adjacnt I-30 R L Thornton FWY & Peak. Approximately 1.3256 acres vacant commercial lot in renewing area.




±1.3256 acres (±57,744 SF)


175’ frontage on Terry St


281’ frontage on Peak St


Secondary paved access via 509 Ann Ave


Flat, cleared, and unimproved site


Utilities available at the street


No floodplain


Surrounded by Light Industrial uses


Immediate proximity to I-30


Minutes from Downtown Dallas