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2.82AC VACANT LAND MULTIFAMILY DISTRICT, ASSIGNMENT CONTRACT OFFERED- DISCOUNTED!

January 3, 2018

 

Available

302E Wheatland Rd, Dallas TX 75241

 

$155 000

2.82 Acres

Multifamily, Unimproved Land, Single Family, Residential

Description

 

Assignment contract offered for this 2.82 acres DEVELOPER’/BUILDER’s DREAM- commercial vacant land in the multifamily district. Huge potential for student or multifamily residences with the lot located 1.7m from the University of North Texas and with approx. 141ft frontage on E Wheatland Rd with Oak Farm Rd adjacent, right across from The Children First Academy. Potential to subdivide for single family units and developing.

 

Zoning standards allow for 3000sqf lots and 36’ allowable height, which gives opportunity to build between 30-40 multifamily or single family dwellings on this lot. Perfectly located by the I-20 and I-35E (SRL Thornton Fwy) intersection, with plenty of schools nearby and close to the Danieldale Sprayground, Whataburger, churches and parks- plenty of housing opportunity.

 

Comparable sales suggest the deal is priced at around 50% of market value! Sales price includes assignment fee payable to wholesaler. Price low for quick cash sale and to accommodate costs with clearing of lot.

 

Disclaimer: Please do your own due diligence. Land is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by Churn Investments, LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. We respond immediately to an offer.

 

 

Zoning 

For zoning codes click here

For zoning standards click here

 

Churn Investment LLC

847 Sumpter Road458

Belleville MI 48111
Tel: +1 313 915 5596

Email Us: Click Here

 

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Lots of Land for Less / T 313.915.5596 / F 844.645.5487 / helene@lotsoflandforless.com / © 2018 Churn Investments LLC.