Overview

Description

INVEST IN SURPRISING CEDAR HILL, TX: 5.37 Acre vacant agriculture/residential site just across the US Route 67 growth corridor from the proposed Texas Health Huguley Hospital and Medical Office Development.

 

SALE PRICE: $1,871,337.00

LOT SIZE: 5.37 Acres 

PRICE/ACRE: $348,480.00

PRICE/FOOT: $8.00

MARKET: DFW

ZONING: Local Retail: The "LR" district is intended to provide areas for the neighborhood, and/or local shopping facilities for retail sales of goods and services, including convenience stores, shopping centers, and regional malls, serving the entire community, but does not include wholesaling or warehousing. 

For approved land-use and zoning information please contact the City of Cedar Hill Planning Department: LaShondra Stringfellow, AICP, Planning Director 972-291-5100, ext. 1082


OWNER SEEKS DEVELOPMENT PARTNERSHIP: The Owner intends to convert fee simple ownership of 505 Tidwell Street to an equity position in a best and highest use commercial real estate asset created with the expertise and capital of a qualified real estate developer.

POTENTIAL SCOPE: Assuming required parking is restricted to surface spaces, the preliminary fit plan indicates that the 5.37 AC Local Retail site may accommodate a 2-story construction consisting of approximately 200,000 SF of shell space served by approximately 240 paved spaces. Final development configuration is open to the discretion of the selected development partner.

SELECTION PROCESS: The Owner has commissioned Legacy Commercial Group to act as its solicitation and screening agent for the recruitment of their best fit development partner. Please contact Steve Madison (972.207.4320) or TJ McNeece (972.755.3734) for more information.




Pristine development site


Fortunate location



Less than a mile west of proposed THR Hospital/Medical Office Development


less than 3 miles north of Hillwood Highpoint 67 Logistics Center 


Less than 3 miles north of TxDOT Loop 9 intersection with US Route 67


Less than a mile south of Historic Downtown Cedar Hill  




Excellent frontage on US Route 67


Excellent highway access with Tidwell exits/entrances both north and south


All municipal utilities + telephone, fiber and natural gas


Zoned Local Retail for Retail/Service use  


Best Value in the US Route 67 Growth Corridor between Interstate Highway 20 at Duncanville and US 287 at Midlothian

Documents

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