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200 Ferris Street - Ferris Street Property Wilmer, TX

10.21 Acres of Residential Land Offered at $2,126,205 CAD in Wilmer, TX 75172

Investment Highlights

  • Located blocks from I-45
  • Near major warehouses and industrial businesses
  • 10 Acres inside the city

Executive Summary

This 10.418 Acre property is located in Wilmer, TX, just 6 blocks from I-45, and 6 miles from the I-20 and I-45 Exchange. This area, because of location, has seen an influx of major warehouses and industrial businesses, in and around the DalPort Trade Center. Nationwide companies have established manufacturing and shipping in this area. This portion of the city has long been residential, but with the development, zoning is changing, and residential is moving north of Beltline. These four contiguous lots, 200 Ferris, 37 Belt Line, 219 S. Dallas, and 241 S Dallas, are partially residential, and one whole lot is zoned Commercial Restricted. However, the city is open to rezoning the entire acreage because of the need for industrial expansion. The largest unimproved portions are located at 200 Ferris St. and 37 Belt Line. 219 and 241 S. Dallas, are the locations of the home, and three metal buildings. The metal buildings will not convey with the property. An electrical substation is located near this property.

Property Facts

Price $2,126,205 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.21 AC

1 Lot Available

Lot

Price $2,126,205 CAD
Price Per AC $208,247 CAD
Lot Size 10.21 AC

This is a 10.21 acre property. There are four contiguous pieces of land, located in the heart of Wilmer, TX, just blocks from I-45.

Description

Land is located in portion of the city that has been residential, but with the expansion of major warehouses, including the DalPort Trade Center, and industrial businesses moving to this area, zoning is changing. It has been changed on one portion of these lots. Location near I-45 is superb.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 65050539010160000
  • 54000500000370000
Land Assessment
$854,680 CAD
Improvements Assessment
$0 CAD
Total Assessment
$854,680 CAD
  • Listing ID: 31837057

  • Date on Market: 2024-05-16

  • Last Updated:

  • Address: 200 Ferris Street, Wilmer, TX 75172

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