
Springfield Tract 7A - 5 acres on Firewheel Parkway
5 acre commercial tract on the south side of Firewheel Parkway, between Castle Road and Centerville
Marketing description
This portion of Tract 7A is a 5 acre tract (4.25 acres net of flood) located along the south side of Firewheel Parkway, between Castle Road and Centerville Road in Garland, Texas. There is strong residential development in this area and there are not many commercial tracts left fronting Firewheel Parkway. This tract qualifies for MF under SB 840 at 36 units per acre; 45’ height; and 1 parking space per unit. It can also probably be rezoned for Townhomes as it was previously zoned that way in 2005; and also has a strong potentially for a senior multi-family housing use.
The tract is located along the eastern line of the high bank of Rowlett Creek and runs approximately 800 feet east along Firewheel Parkway towards Castle Drive. This tract is level and is easily identifiable as a separate tract when viewed from Firewheel Parkway.
This tract is priced to sell at $1,306,800, which makes it one of the cheapest properties in this market.
Firewheel Parkway is a major exit off the President George W. Bush Tollway. It is a six lane road with a divided median and Firewheel Mall is 2 miles to the west.
Investment highlights
Super Site for any form of Commercial Development
Qualifies for MF under SB 840
819 Frontage to Depth Ratio
Property is Flot with No Topography Issues
Pnced to Sell Fast
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