6001 U.S. 287 Frontage rd - SW Arlington MF Apartment Site
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6001 U.S. 287 Frontage rd - SW Arlington MF Apartment Site
7.1 Acres of Residential Land Offered at £3,211,230 in Arlington, TX 76017
Investment Highlights
- Rare Apartment Site in SW Arlington with good demos and rent comps
- This is a 7.1-acre multi-family site out of a 10-acre parent site
- Contact Wayne.Burgdorf for PDF brochure
- NWQ of the Vibrant US-287 & Sublett intersection, join the Kroger Signature Store and Many New projects
- Clean Site, Easy to Develop, Seller will give time
Executive Summary
Located in SW Arlington at the vibrant US-287 & West Sublett Road intersection, Kennedale ISD. The NWC recently developed with a Kroger Signature Store, LA Fitness, Chick-fil-A, Starbucks, & other major users. US-287 has good traffic and provides marketing window although TxDOT has new ramp plans. Solid demos in area, and new apartments nearby (Alta Landing) getting $1.89/sf.
The mid-density multi-family section is ±±7.1 acres with Myers frontage and small frontage on US-287. It is gently sloping with no FEMA flood or creeks, and some native trees. Global detention and wet utilities for the pads should be budgeted for the MF site.
Offered at $18,500/door, with a floor of 220 units or 31 upa. Seller will give time for zoning & MMA is ideal civil firm to do zoning and civil work.
The mid-density multi-family section is ±±7.1 acres with Myers frontage and small frontage on US-287. It is gently sloping with no FEMA flood or creeks, and some native trees. Global detention and wet utilities for the pads should be budgeted for the MF site.
Offered at $18,500/door, with a floor of 220 units or 31 upa. Seller will give time for zoning & MMA is ideal civil firm to do zoning and civil work.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | £3,211,230 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 7.10 AC |
| Price | £3,211,230 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 7.10 AC |
1 Lot Available
Lot
| Price | £3,211,230 | Lot Size | 7.10 AC |
| Price Per AC | £452,286 |
| Price | £3,211,230 |
| Price Per AC | £452,286 |
| Lot Size | 7.10 AC |
SW Arlington Land Suited for Apartment Development.
zoning
| Zoning Code | Commercial (Parent site of 10.1 acres zoned commercial, but this land has MF highest and best use and Seller will give time for zoning.) |
| Commercial (Parent site of 10.1 acres zoned commercial, but this land has MF highest and best use and Seller will give time for zoning.) |
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Wayne Burgdorf -
SVN | Trinity Advisors
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6001 U.S. 287 Frontage rd - SW Arlington MF Apartment Site
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