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247 State Highway 114

1.71 Acres of Commercial Land Offered at £1,643,145 in Southlake, TX 76092

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Investment Highlights

Shovel Ready. Fully entitled. Ready for dirt to fly.
Some of the best demographics in the nation with a average income in excess of $229,000 within a 2 mile radius.

124,364 vehicles per day drive by the site.

Executive Summary

Shovel-ready lot zoned S-P-2, General Site Plan District. the site is approved by the city of Southlake for a 3-story 22,000 SF Medical / Office building. electric, gas, water & sewer are at the site. 115 approved parking spaces (5.25 per 1,000 rsf). The lot is being offered fee simple.

247 W SH 114_Land Brochure

Property Facts

Price	£1,643,145	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Design & Build	Proposed Use	Commercial Office Medical
No. Lots	1	Total Lot Size	1.71 AC

Price	£1,643,145
Sale Type	Investment
Sale Conditions	Design & Build
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Medical
Total Lot Size	1.71 AC

1 Lot Available

Lot

Price	£1,643,145	Lot Size	1.71 AC
Price Per AC	£960,904

Price	£1,643,145
Price Per AC	£960,904
Lot Size	1.71 AC

Flat rectangular-shaped lot with exception frontage and visibility to Hwy 114. Fully entitled with all utilities to the site. Superior direct access in both directions from both on and off ramps along the N. White Chappel Blvd. exit.

Description

- A rare opportunity to acquire a shovel ready fully entitled 1.7 acres along Hwy 114. -The property enjoys +-125,000 cars a day visibility from W SH 114. -Direct ingress egress from the highway east or westbound and from the rear via N White Chapel Blvd. - Affluent rapidly growing demographics surrounding the site with an average income in excess of $229,000 annually.