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6001 U.S. 287 Frontage rd - SW Arlington MF Apartment Site

7.1 Acres of Residential Land Offered at $5,717,048 CAD 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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $5,717,048 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 7.10 AC

1 Lot Available

Lot

Price $5,717,048 CAD
Price Per AC $805,218 CAD
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.)
  • Listing ID: 32378380

  • Date on Market: 2024-07-08

  • Last Updated:

  • Address: 6001 U.S. 287 Frontage rd, Arlington, TX 76017

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