53.76+/- Acre Development Site | Sunnyvale, TX
Land | 53.76 acres
Marketing description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors to purchase 53.76+/- acres (the “Site”) located at 618 US Highway 80 E in Sunnyvale, TX. The Site has dual zoning, with 18.942+/- acres zoned Single Family (SF-3), which allows for single family on a minimum of 1-acre lots, and the remaining 34.82+/- acres zoned Highway Commercial, which accommodates a variety of commercial uses by right as well as light industrial uses through a special use permit (SUP).
The Site is situated in a prime location with direct frontage on US Highway 80, a major east-to-west thoroughfare in the Dallas Metroplex. The Site is located approximately 5 miles north of Interstate 20 and 5 miles south of Interstate 30, providing excellent regional accessibility. Located just 15 miles east of Downtown Dallas, the Town of Sunnyvale has experienced a 9.1% increase in population over the past three years. This growth reflects Sunnyvale’s ongoing development and the Town’s appeal as a premier destination within the Dallas-Fort Worth Metroplex.
At a price of only $2.67 per square foot, this is an excellent opportunity to acquire a well-situated Site in a premier submarket within the Dallas-Fort Worth area.
To gain access to the Due Diligence Vault click on the link below:
Due Diligence Vault - 53.76+/- Acres Sunnyvale
A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
Investment highlights
Strategic Location
The Site is strategically located with direct frontage and two access points along US Highway 80, a major east-to-west thoroughfare in the Dallas Metroplex. The Site is also situated just 5 miles north of Interstate 20 and 5 miles south of Interstate 30, offering excellent regional connectivity.
The Site benefits from proximity to a variety of restaurants including Chick-fil-A, Shorty’s BBQ, and Starbucks. The Site is also located near several retailers including Walmart Supercenter, Tractor Supply, and QuikTrip.
The area is home to a number of major distribution centers, including Barrett Distribution Center, Copeland Distribution Center, and GC Packaging.
Zoning
This offering consists of two parcels; one being 18.942+/- acres of Single Family-3, which permits single family with a minimum lot size of 1 acre, and the other 34.82+/- acres zoned Highway Commercial, which permits a wide variety of Commercial, Industrial, General Business, and Local Retail oriented uses.
With its prime location on US Highway 80, the Site is well-positioned to meet the growing demand for new development in the Town of Sunnyvale.
Purchaser to verify zoning and uses allowed on the Site.
Population and Demographics
According to U.S. Census Bureau estimates, Sunnyvale’s population increased by approximately 9.1%, from 7,781 in April 2020 to 8,486 in July 2023.
Sunnyvale has a median income of $157,500 reflecting a strong economic base.
The average unemployment rate in Dallas County is 3.8% which is a decrease from a year ago at 4.2% according to FRED.
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