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Unkwn Floor Ste
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10 AC
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$100,000.00 USD/AC/YR
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This is the only privately owned, mid-rise residential land with approved residential zoning, ready to build, in Dallas next to the University of Dallas. The first-ever city to agree to a parking reduction because it is on a transit-oriented development site, next to the biggest University in Texas and across from a new Metro station ( Cost at $ 2 billion). It also comes with over 2 acres of already-built internal streets and sewer, water, and site work, all done with a $ 2.5 million cost by a developer.
1050 rooms are approved to be built on the site, next to the University of Texas at Dallas.
It's the entrance to UTD from George Bush! This zoning change was a 4-year process.It comes with additional easements for roads around the center that serve as additional entrances to the land.
This is an ideal area, as there is a massive student housing shortage, and thousands are always on a waiting list. This land is where Richardson, Dallas, and Plano meet. The owners were able to get extremely favorable parking and variations in apartmant size to meet the student housing shortage. We are only interested in a ground lease.
The first 2 years of the ground lease were discounted to only 1000,000.
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Date available: Now
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Lease term: 90 - 99 Years
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Service type: None
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Space Type: Relet
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