1.402 Acres N Zang Blvd Lot | Terrain commercial | 0,57 ha | À vendre | 6 147 905 € | Dallas, TX 75208

Discover a premier development opportunity in one of Dallas’s most sought-after submarkets with this assemblage comprising six contiguous parcels along N Zang Boulvard. Sitting just steps from the Bishop Arts District, Trinity Groves, Kessler Park, Margeret Hunt Hill Bridge, and Halperin Bridge Park, with quick access to Downtown Dallas, this rare opportunity allows investors to claim a prime development location with flexible mixed-use zoning.
Spanning 1.402 acres of fully level land, with only a single-family home existing on site, the property provides potential for a wide variety of projects with a streamlined development process. Zoned WR-3 (Walkable Urban District) under the Oak Cliff Gateway Planned Development District, the site provides an ideal choice for residential, office, live/work, medical, financial, institutional, and community service ventures. Developers can envision a unique blend of ground-floor retail, office, and medical space with a built-in audience of residential tenants on upper levers, meeting the demand of this dynamic, lifestyle-oriented community.

This N Zang Boulevard development site delivers prime frontage on three sides, with 200 feet of frontage on N Zang Boulevard, 288 feet on W Neely Street, and 200 feet on Elsbeth Street. More than 16,000 vehicles pass by the property each day, delivering strong branding opportunities for a new business or development at the site.

The development site is easily accessible, sitting just minutes from both Interstate 30 and Interstate 35 and within walking distance of multiple DART stations. The surrounding area provides a wealth of everyday conveniences, with numerous retail and dining options available on the Davis Street corridor and the Bishop Arts District. Methodist Dallas Medical Center also sits just up the road, offering additional strength for medical developments.

Developments at the subject property will benefit from compelling fundamentals in the local submarket, with consistent demand and rent growth across office, retail, and residential sectors. The area’s appeal is further elevated by strong recent population and economic growth in the region. Looking within 3 miles of the N Zang Boulevard development site, the area’s population has increased to sit at over 146,000 residents, with a daytime workforce of more than 115,000. Locals earn an impressive average household income of more than $96,000, resulting in more than $1.6 billion in annual consumer spending. This creates ideal conditions for businesses and developments looking to break into this high-impact submarket.

Reach out to Sonya Rafie today to schedule a property visit and learn more about this rare opportunity.