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.
Asif Khan
Kin Worth Realty