
3 Acres on Firewheel Parkway in Garland
Commercially zoned (potential for rezoning as mini warehouses) with 475' of frontage on Firewheel.
Marketing description
This tract fronts along the north side of Firewheel Parkway between Castle Drive and Centerville Road. It is currently a PD retail zoning, but it also now qualified as SB 840 MF in Garland at 36 units per acre; 45’ height; and 1 parking space per unit.
Tract 7B is 4.1 gross acres (3.277 net). This tract is level and has excellent visibility from all directions. It has 475' of frontage on Firewheel Parkway. There is a strip of flood plain along the western boundary containing 0.873 acres) and Garland has additional development restrictions surround flood property.
Firewheel Parkway was the extension of the President George W. Bush Tollway before it was completed to I30. It now has its own exit off of GWB Tollway. The parkway is a six lane road divided by a median and there is strong residential development around these tracts.
Sewer is located offsite either approximately 580' to the west or 800' to the east; with both line accessible. Water is directly across Northeast Parkway on the south side of the street.
This tract is priced for immediate sale at $1,045,000 based on net acreage. It has already been discounted to cover the approximately costs of bringing utilities to the site, making it one of the cheapest commercial property in this immediate market.
Tract 7B is on the north side of Firewheel Parkway and is directly across the street from the center of tract 7A. Firewheel Mall, which opened in 2005, is approximately 2 miles to the west.
Investment highlights
Springfield Tract 7B - 4 acres on Firewheel Parkway between Castle and Centerville Drives
Tract is ready for immediate development
Qualifies for MF use under Texas SB 840
Tract is flat
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