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12224 Central expy
Dallas, TX 75243
Dallas Site Off US 75 | Zoned MU-3 · Land For Sale
·
5.55 AC
Investment Highlights
- Convenient access to major thoroughfares
- Dallas is the ninth largest city in the U.S. and third largest in Texas
- Close proximity to entertainment & retail
Executive Summary
CALL FOR OFFERS: February 12, 2016
Compensation to buyer’s broker will be paid by the purchaser.
ADVANTAGES OF MU-3 ZONING
HIGH-DENSITY ALLOWANCE MAXIMUM HEIGHT
• No maximum density limit
• Floor Area Ratio (FAR):
Base: 3.2 FAR
Maximum: 4.0 FAR
• Highest density mixed-use district
MAXIMUM HEIGHT
• Base: 180 feet (16 stories)
• Up to 270 feet maximum with bonuses
• Maximum of 20 stories(parking garages exempt)
• Tallest of all mixed-use districts
MIXED-USE FLEXIBILITY
• Retail + office + hotel + residential
• Most main uses permitted by right (no SUP needed)
• Transit stations + transfer centers
• Full range of commercial, office, and residential uses 3
HIGH-LOT COVERAGE
• Up to 80% lot coverage
• Maximizes buildable area on site
CONVENIENT ACCESS TO MAJOR THOROUGHFARES
• Excellent access to I-635 and US 75 - less than 1 mile
• 3 miles east of State Hwy 289
TEXAS INSTRUMENTS CLOSE PROXIMITY TO ENTERTAINMENT & RETAIL
• Texas Instruments Headquarters: 6 minutes
• NorthPark Center: 10 minutes
• University of Texas at Dallas: 11 minutes
• DFW International Airport: 22 minutes
• Downtown Dallas: 25 minutes
Compensation to buyer’s broker will be paid by the purchaser.
ADVANTAGES OF MU-3 ZONING
HIGH-DENSITY ALLOWANCE MAXIMUM HEIGHT
• No maximum density limit
• Floor Area Ratio (FAR):
Base: 3.2 FAR
Maximum: 4.0 FAR
• Highest density mixed-use district
MAXIMUM HEIGHT
• Base: 180 feet (16 stories)
• Up to 270 feet maximum with bonuses
• Maximum of 20 stories(parking garages exempt)
• Tallest of all mixed-use districts
MIXED-USE FLEXIBILITY
• Retail + office + hotel + residential
• Most main uses permitted by right (no SUP needed)
• Transit stations + transfer centers
• Full range of commercial, office, and residential uses 3
HIGH-LOT COVERAGE
• Up to 80% lot coverage
• Maximizes buildable area on site
CONVENIENT ACCESS TO MAJOR THOROUGHFARES
• Excellent access to I-635 and US 75 - less than 1 mile
• 3 miles east of State Hwy 289
TEXAS INSTRUMENTS CLOSE PROXIMITY TO ENTERTAINMENT & RETAIL
• Texas Instruments Headquarters: 6 minutes
• NorthPark Center: 10 minutes
• University of Texas at Dallas: 11 minutes
• DFW International Airport: 22 minutes
• Downtown Dallas: 25 minutes
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 5.55 AC |
| Zoning | MU-3 - High-Density Allowance, mixed-use flexibility, high-lot coverage. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.55 AC |
| Zoning | MU-3 - High-Density Allowance, mixed-use flexibility, high-lot coverage. |
1 Lot Available
Lot
| Lot Size | 5.55 AC |
| Lot Size | 5.55 AC |
UTILITIES -To the Site FLOODPLAIN - Located Along the Eastern Boundary Line TAX RATE - 2.340% SCHOOLS Richardson ISD Hamilton Park Pacesetter Magnet Richardson High School
Property Taxes
| Parcel Number | 00000767662000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $7,535,096 CAD | Total Assessment | $7,535,096 CAD |
Property Taxes
Parcel Number
00000767662000000
Land Assessment
$7,535,096 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,535,096 CAD
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