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Forbes Road - ±81 Acres of Land

80.64 Acres of Industrial Land in Venus, TX 76084

Investment Highlights

  • Oncor high power lines bisect property
  • surrounded by existing and new/underway industrial projects
  • next door to future Oncor substation

Executive Summary

Railport and the Midlothian Industrial Park have brought Midlothian to the forefront of sought after industrial submarkets in North Texas. The 360 acre Google Data Center along with Target and Quick Trip distribution centers, SunOpta, Malouf and Luminant make up the majority of the large land holdings in Railport. The subject 81 AC available for purchase is 2600’ west down Power Way/Forbes Road from this major development hub and is within Midlothian city limits.
Recently, Oncor purchased 74 acres bordering the 81 acre property to the east to add to its 75 acre existing substation to the north on VV Jones. Construction of the new 74 AC substation is well underway. VV jones is being realigned to provide better access next to the future substation and neighboring tracts such as the 81 AC. Oncor high power lines cross over the 81 acres, making power available immediately for data center developers.
Access to the property is good with frontage on Forbes Rd which connects to FM 157 to the west and VV Jones to the east. Both of those thoroughfares then connect to US 67.
The Midlothian EDC is supportive of industrial development in this area, planning for and installing water and wastewater lines west down Forbes Rd from Railport. Much of the surrounding land is already zoned industrial.
With a 124 acre property and another 217 acre tract to the north of the 81 acres, under contract by two separate data center entities, the writing is on the wall for what this industrial hub is turning into. Cities, power companies, and data centers are making significant investments in the area west of Railport to prepare for what is in the process of being developed, in addition to what is to come in the near future.
*27 acres is listed, additional 54 acres is available for purchase with the 27 per ownership

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 80.64 AC

1 Lot Available

Lot

Lot Size 80.64 AC

Access to the property is good with frontage on Forbes Rd which connects to FM 157 to the west and VV Jones to the east. Both of those thoroughfares then connect to US 67. Property borders an under construction Oncor substation, power lines bisect.

Description

Access to the property is good with frontage on Forbes Rd which connects to FM 157 to the west and VV Jones to the east. Both of those thoroughfares then connect to US 67. The Midlothian EDC is supportive of industrial development in this area, planning for and installing water and wastewater lines west down Forbes Rd from Railport. Much of the surrounding land is already zoned industrial. With a 124 acre property and another 217 acre tract to the north of the 81 acres, under contract by two separate data center entities, the writing is on the wall for what this industrial hub is turning into. Cities, power companies, and data centers are making significant investments in the area west of Railport to prepare for what is in the process of being developed, in addition to what is to come in the near future.

zoning

Zoning Code ag (presently zoned ag and surrounded by industrial - property is industrial in the Midlothian Comp Plan FLUP map)
ag (presently zoned ag and surrounded by industrial - property is industrial in the Midlothian Comp Plan FLUP map)
  • Listing ID: 31845944

  • Date on Market: 17/05/2024

  • Last Updated:

  • Address: Forbes Road, Venus, TX 76084

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