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7901 Florance Rd
Northlake, TX 76247 Denton

$3,500,000 USD

Land For Sale  •  5 AC

Property Details

  • Property Type Land
  • Lot Size 5 AC
  • Zoning Commercial
0 Transit Score
0 Walk Score

Description 

Fully entitled and platted, 5-acre small-bay industrial development opportunity, full construction sets (Civil, Structural, Architectural, MEP), property website and social media accounts in Northlake (DFW), TX.

Highlights

Fully entitled and platted, 5-acre small-bay industrial development opportunity, full construction sets, property website & social media accounts
Development plan to build 67,828 SF with Phase I construction drawings submitted to the City of Northlake for review
Priced at $3,500,000 ($16.07/SF) which includes the property, due diligence, and plans
Development agreement in place waiving 50% of permit fees and 100% of impact fees
Confirmed area rent comps of $19-$25/SF NNN and small-bay condo sales of $325/SF, 4.8% flex vacancy, 3.44% average annual rent growth through 2030
$108,800+ average household income, $335,000+ median home value (1-mile radius)

Public Transportation

AirportDriveWalkDistance
Dallas-Fort Worth International 37 min - 28.2 mi
Ty Underwood 214-274-8707 SLJ Company LLC
Ty Underwood 214-274-8707 SLJ Company LLC