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Unkwn Floor Ste
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10 AC
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$150,000.00 USD/AC/YR
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This is the only privately owned, mid-rise residential land with zoning changes already in place, 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 TOD site, next to UTD and the DART, and with frontage on the George Bush Highway. It also comes with over 2 acres of already-built internal streets and sewer, water, and side work, all done with 2.5 mil cost by a developer.
It is across the 2 Billion-Dollar Metro/Dart, which started operations at the end of 2025! Through the Frontage to the main highway on the other side of the land, George Bush Parkway students use this lot as a shortcut to UTD. Essentially, it's the entrance to UTD from George Bush! This zoning change was a 4-year process, as the land was sought by the University for its excellent position.It comes with additional easements for roads around center that serve as additional entrances. This land is really a high-rise, and if anyone wants to go very high, 20 stories, it will be doable, as how often in a big city like Dallas will you come across a high rise land next to the Metro and a 35,000 student university?
On the same Master plan, the building next to us has just become a nursing school owned by the big hospital center called HCA, and they will start operations this year! SO yes, it is across UTD and on the same lot as the new Nursing school, which is being finished this year. We have great offers from the country's biggest apartment developers, but we only want to do a ground lease, as the land will go to a trust and portions of the lease funds will be used for nonprofits around the globe in the future (mostly animal protection centers). The tenant will be asked to choose a non-profit from the list.
Again, 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 have multiple offers to buy, but we are only interested in ground leasing.
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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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