GOOD DIRT: Local Retail Vacant Land
Land | 5.37 acres
Marketing description
PROPERTY OVERVIEW
INVEST IN SURPRISING CEDAR HILL, TX: 5.37 Acre vacant Local Retail site just across the US Route 67 growth corridor from the proposed Texas Health Huguley Hospital and Medical Office District.
OFFERING SUMMARY
SALE PRICE: $1,870,000.00
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 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: Angela Self, FAICP 972-291-5100, ext. 1082
PROPERTY DESCRIPTION
SIGNIFICANT INVESTMENT/DEVELOPMENT OPPORTUNITY IN CEDAR HILL, TX: The 5.37 acre site is in pristine condition. Previous owner-occupied single family and agriculture use. No known environmental, geological or regulatory impediments.
Significant value-adds for the property:
o Near proximity to the pending 66 Acre Texas Health Resources Huguley Medical Center at Cedar Hill at 560 S J. Elmer Weaver FWY – just across US Highway 67 from the subject property.
o Near proximity to TxDOT Loop 9, Segment A. The 9.4-miles long highway will begin at US Route 67 then connect east to I35E and link the communities of Cedar Hill, Midlothian, Ovilla, Glenn Heights, and Red Oak creating a linear submarket with over 100,000 current residents.
o Near proximity to Hillwood’s 2MM SF/180 AC High Point 67 Logistics Center at the intersection of US Route 67 and the future Loop 9, Segment A.
o Near proximity to Historic Downtown Cedar Hill with proposed DART Commuter Rail Station.
Investment highlights
PROPERTY HIGHLIGHTS
· Pristine development site
· Gateway to Historic Cedar Hill Old Town
o Less than a mile west of proposed THR Hospital/Medical Office Development
o less than 3 miles north of Hillwood Highpoint 67 Logistics Center
o Less than 3 miles north of TxDOT Loop 9 intersection with US Route 67
o Less than a mile south of Historic Downtown Cedar Hill·
Excellent frontage on US Route 67 - Traffic Count 65,000 Daily
· 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
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