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9200 Markville Dr
Dallas, TX 75243 Lake Highlands

$12,478 USD/MO

Land For Lease  •  3+ SF

Property Details

  • Property Type Land
  • Zoning MU3
30 Transit Score
50 Walk Score

1 Space Available

Name Space Use Size Rent Details
Unkwn Floor Ste - 2.75 AC $54,450.00 USD/AC/YR
Mixed Use Zoning. MU-3 is a broad zoning that allows 80% land coverage, and 18 stories height.  Dallas Multifamily Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning)

 Self Storage Development Possible with SUP. 

Land for Lease  or Sale– 9200 Markville Dr, Dallas, TX
Prime development opportunity in one of North Dallas’ most active and high-growth corridors. The site offers excellent visibility and accessibility, surrounded by major retail, medical, hospitality, and dense residential communities. All utilities are available at the property—previous 56,000 SF office/retail structure was demolished in 2018.
Located minutes from NorthPark Mall, Galleria Dallas, UTD, and Richland College, and within blocks of Costco Wholesale and Medical City. The area benefits from strong traffic counts, established rooftops, and continuous demand for multifamily, medical, and commercial uses.
Ideal for retail, medical, hospitality, mixed-use, build-to-suit, EV charging, or QSR with drive-thru. Flexible terms available.

Executive Summary
9200 Markville Drive represents a premier 2.75-acre infill development opportunity located in the heart
of Dallas’ thriving Lake Highlands and Midtown submarkets. Formerly improved with 56,000 square feet
of office and retail demolished in 2018, the site benefits from fully available utilities—including water,
sewer, gas, and electric—dramatically reducing development timelines. The property is minutes from
Richland Community College and surrounded by major demand drivers including Galleria Dallas,
NorthPark Mall, SMU, Costco Wholesale, and Medical City Dallas. Lake Highlands continues to
experience rapid growth in contemporary urban housing with strong multifamily absorption and limited
land supply. The site’s proximity to US-75 and I-635 offers exceptional connectivity and high traffic
counts, supporting multifamily, mixed-use, medical, hospitality, and retail development options.

Development Opportunity
The 2.75-acre site provides developers with flexible configurations for a variety of uses: • **Multifamily
Development** – strong absorption, high demand, limited supply. • **Hospitality** – supported by
nearby Medical City, retail corridors, and US-75. • **Medical or Professional Office** – excellent
adjacency to Medical City and corridor workforce. • **Townhomes / Build-to-Rent** – high demand in
Lake Highlands infill pockets. • **Retail or Mixed-Use** – strong traffic and regional anchors support
commercial density. With utilities fully in place, developers can mobilize faster with significantly reduced
upfront costs.


Market Drivers
• Minutes from Richland Community College – consistent housing demand generator. • Near major
Dallas anchors: Galleria Mall, NorthPark Center, SMU, Costco, Medical City Dallas. • Lake Highlands
continues to boom with contemporary urban housing and rent growth. • Limited infill land supply
enhances long-term asset value. • Dense population and strong daytime employment base support
multi-use development.

Closing Summary
9200 Markville Drive stands out as one of the few remaining infill redevelopment parcels in Dallas’
fast-growing Lake Highlands and Midtown corridors. With utilities on-site, superior accessibility, and
significant demand drivers, the site is ideally positioned for multifamily, hospitality, medical, retail, or
mixed-use development—offering immediate scale and long-term value creation for developers.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: None
  • Space Type: Relet

Description

# Strategic Mixed-Use Development Site | 9200 Markville Dr | Dallas, TX

## 2.75± Acres | MU-3 Zoning | Ground Lease or Sale

An exceptional opportunity to acquire or ground lease one of the few remaining infill development sites in the rapidly transforming North Dallas corridor. Located at the highly visible intersection of **US-75 (Central Expressway) and LBJ Freeway (I-635)**, this 2.75± acre property offers outstanding access, flexible MU-3 zoning, and proximity to some of the region's most significant current and planned developments.

### Property Highlights

* 2.75± acres
* MU-3 Mixed-Use zoning
* Available for Ground Lease or Sale
* Existing utilities at the site
* Excellent visibility and access from US-75 and I-635
* Minutes from Downtown Dallas, Richardson, Plano, and Addison
* Walking distance to LBJ/Central DART Station
* Ideal for mixed-use, retail, restaurant, hotel, medical office, entertainment, recreation, office, senior housing, multifamily, and other commercial developments

### Positioned in the Path of North Dallas Growth

The property is surrounded by billions of dollars in public and private investment, making it one of the premier redevelopment opportunities in North Dallas.

#### Major Area Catalysts

* **Future Dallas Mavericks Arena & Entertainment District** – The Mavericks have selected the former Valley View Mall site for a planned 104-acre mixed-use development featuring a new NBA arena, entertainment venues, restaurants, hotels, retail, offices, residential uses, and public gathering spaces. This transformational project is expected to become one of Dallas' premier entertainment destinations and a major economic driver for the North Dallas corridor. ([Reuters][1])

* **Planned H-E-B at Hillcrest & LBJ (I-635)** – The first H-E-B store within the City of Dallas is planned just minutes from the property, further strengthening retail demand and attracting additional commercial development. ([YouTube][2])

* Medical City Dallas Hospital and surrounding medical district

* Richland College and nearby University of Texas at Dallas

* Costco, major employment centers, and numerous corporate headquarters

* Immediate access to the LBJ/Central DART Station providing regional connectivity

* Continued residential, multifamily, and mixed-use growth throughout the Midtown and North Dallas corridor. ([Wikipedia][3])

### Development Potential

The site's flexible MU-3 zoning and strategic location make it suitable for numerous uses, including:

* Mixed-Use Development
* Multifamily
* Retail Center
* Entertainment & Recreation
* Indoor Sports Facility
* Soccer Training Center
* Medical Office
* Hotel
* Office Campus
* Senior Living
* Educational Facility
* Corporate Headquarters

With exceptional freeway visibility, regional accessibility, and multiple transformational developments underway nearby, 9200 Markville Drive represents one of the last premier mixed-use development opportunities in the North Dallas market.

[1]: https://www.reuters.com/sports/mavericks-select-north-dallas-site-new-arena--flm-2026-06-02/?utm_source=chatgpt.com "Mavericks select North Dallas site for new arena"
[2]: https://www.youtube.com/watch?v=Ty3hkAgjDuQ&utm_source=chatgpt.com "Dallas Mavericks New Arena Location Revealed! - Eve Holder ..."
[3]: https://en.wikipedia.org/wiki/Midtown%2C_Dallas?utm_source=chatgpt.com "Midtown, Dallas"

Highlights

Office,Multifamily,Retail/ Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning) Self Storage Development Possible with SUP.
All Utilities On-Site – a 57,000 SF office/retail structure was demolished in 2018, leaving full utility availability.
Unmatched Location minutes from Galleria Mall, NorthPark Center, UTD, Richland College, Medical City, and Costco.
Adjacent to New City Amenities including Dallas’ brand-new 6 pickleball courts directly behind the site.
High-Demand Development Zone with significant need for multifamily, mixed-use, hospitality, and medical, and Sport.
Ideal for retail, multifamily, medical, hotel, office, or entertainment. Minutes from Medical City, DART, Costco, and major new developments. Availab

Public Transportation

Transit/SubwayDriveWalkDistance
Lbj/Central (Orange Line - Dallas Area Rapid Transit (DART), Red Line - Dallas Area Rapid Transit (DART)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Dallas Love Field 21 min - 14.2 mi
Dallas-Fort Worth International 28 min - 23.1 mi
Asif Khan 469-537-4403 Kin Worth Realty
Asif Khan 469-537-4403 Kin Worth Realty