1301 S Stemmons, Lewisville, TX 75067

The subject site consists of 1 parcel and has 8,407.08 SF (0.193 AC) of land area. The area is estimated based on the assessor’s parcel map and may change if a professional survey determines more precise measurements. The shape of the site is irregular and the topography appears to be level at street grade and drainage of the site is assumed to be adequate.

The site is zoned Light Industrial (LI) allowing for a multitude of uses and has achieved a walkable score of 70 and a bike score of 63. Utilities are to the tract and the configuration provides for maximum useable square feet. The traffic count on 1-35E is 155,939 vehicles per day. On the west side of I-35, where the property is located, the area is heavily developed with industrial and light industrial properties. Retail strip centers and single tenant businesses are scattered along both the east and west sides of I-35 and there is an abundance of multifamily and single-family residences within a three-to-five-mile radius of the site.

The Lewisville submarket is situated along I-35, which is undergoing an extensive expansion and reconstruction project. The expansion, consisting of multiple projects, aims to improve traffic flow for the growing submarket. More lanes, frontage roads, and improved interchanges will reduce congestion. The subject tract is in the “middle” zone of the reconstruction.