000 N Stemmons Fwy, Lewisville, TX 75077

$3,100,000

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List Price
$3,100,000
MLS#
20015611
Status
ACTIVE
Type
Land
Subtype
Land
Acres
4.85
County
Denton
City
Lewisville
Subdivision
Pk Waggoner

Property Description

PRIME DEVELOPMENT SITE AT THE SOUTHWEST QUADRANT OF I-35 AND McGee LANE with daily traffic exceeding 100,000. This highly visible property offers excellent accessibility and exposure, making it an ideal candidate for future growth and investment opportunities. Its proximity to major transportation routes enhances its appeal for both residents and businesses. The property is zoned as LI, and the City has expressed a preference for multi-family development on this site. It is situated within the Northern Gateway District. Additionally, the site benefits from nearby amenities such as retail centers, dining options, and recreational facilities, which further contribute to its attractiveness for prospective residents and developers. The combination of strategic location and supportive city planning creates a compelling environment for a successful multi-family project. Landmark location to enter the City of Lewisville from the north. The area also enjoys well-established utility infrastructure and convenient access to public transportation, which can help streamline the development process for investors. Recent enhancements to local roadways and pedestrian pathways further improve connectivity within the district, fostering a vibrant and accessible community environment.

Additional Information

Unexempt Taxes
$11,706
Lot Size
211,178
Lot Description
Corner Lot, City Lot
School District
Lewisville Isd
Elementary School
Chapel Hill
Middle School
Hedrick
High School
Lewisville
Proposed Use
Commercial, Multi-Family, Warehouse
Possession
CloseOfEscrow
Community Features
Storm Drains

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Calculator source: Real Geeks

Listing courtesy of Tim Lee from Fortune Realty. Contact: 972-680-8880