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28737432
28737433

901 Valley View Dr, Lewisville, TX 75067

CH
TX 566104, CO 100081354
Harvest MXD
DM
TX 686324
Harvest MXD
Castlegregory CRE
Listed by Harvest MXD, Castlegregory CRE
Unpriced
193 days on market
Updated 29 days ago
Contract Pending

SALE or LEASE: ±12.08 AC ±60,168 SF School | Lewisville TX

Details
Property Type Special Purpose
Sub Type School
Square Footage 60,168
Net Rentable (SqFt) 60,168
Year Built 1989
Year Renovated 2019
Buildings 1
Stories 1
Acreage 12.080
Zoning Townhouse (TH)
Ownership Fee simple

Creekside Elementary School | Lewisville TX

Marketing description

This property is located at the intersection of Edmonds Lane and Valley View Drive. A portion of this property is within the floodplain and floodway, yielding a total developable acreage of approximately 8 acres. Homes in the surrounding area were built in the 90’s with pricing ranging from the upper $300,000’s to the mid $500,000’s.

Investment highlights

Rare Development Opportunity: The Property is one of the few large undeveloped tracts of land remaining in the heart of Lewisville. Nearly all of the area surrounding the property is builtout with almost no land available for development. This phenomenon has contributed to the rise in existing home prices in the immediate area leaving a shortage of inventory for new homes.

Centralized Proximity: The Property’s centralized location makes it highly desirable for commuters looking for convenient access to nearby highways. The intersection of State Highway 121 and Interstate 35E is less than 5 miles east of the Property. Additionally, downtown Lewisville and the Denton County A-Train commuter rail is only ±3 miles away. This allows commuters the ability to avoid traffic and ride the A-Train, which connects to the DART Light Rail system to the south, providing easy access to Downtown Dallas, Las Colinas and DFW International Airport.

Exceptional Growth: The property is in a high growth area projected to continue seeing strong population, employment and income growth. The proximity to major employment and commuting centers make it ideal for residents commuting to Legacy, Frisco, Las Colinas, Dallas or Fort Worth.

Impressive Demographics: There are over 108,600 residents with median household incomes of over $78,000 within 3 miles of the Property. The area is mostly built out with high barriers to entry. New residential development is projected to perform extremely well based on the limited supply and unmet demand.

Listing Contacts

CH
TX 566104, CO 100081354
Harvest MXD
DM
TX 686324
Harvest MXD
Castlegregory CRE
Listed by Harvest MXD, Castlegregory CRE

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