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13330 Texas 114
Justin, TX 76247
District 114 · Land For Sale · 76.65 AC

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INVESTMENT HIGHLIGHTS

  • Premium positioning along the heavily trafficked I-35W corridor provides exceptional exposure to thousands of daily commuters.
  • Multi-modal connectivity includes immediate highway access, proximity to DFW International Airport, rail corridors, and the Denton Enterprise Airport.
  • Proximity to Major Employment Hubs
  • Established utilities, roadways, and municipal services are already in place to support immediate development without lengthy infrastructure delays.
  • Tax Benefit due to Extra-Territorial Jurisdiction (ETJ).
  • Explosive Residential & Commercial Growth

EXECUTIVE SUMMARY

District 114 offers a compelling opportunity to capitalize on two high-performing asset classes in the DFW market: Lot 1 is ideally suited for single-tenant industrial development with flexible configurations for light manufacturing or distribution, while Lots 2 and 3 present prime retail pads for QSR or convenience store tenants, supported by strong demographics, traffic counts, and long-term lease stability.
Single Tenant Industrial - Lot 1
The DFW industrial market continues to exhibit strong fundamentals, characterized by low vacancy and sustained tenant demand. The site offers an opportunity to develop a modern, single-tenant industrial facility on less than two acres, suitable for light manufacturing, distribution, or service operations. Assuming a 40% site coverage, the parcel can accommodate a 15,000-23,0000 square foot building with associated truck courts and parking. Typical build costs on flex industrial ranges in the $100-115 PSF range. With the right amenities you can achieve rates in the mid-high teens making lot 1 ideal for flex industrial development.
Retail Single-Tenant (QSR / C-Store) - Lot 2 & 3
The DFW metroplex is among the strongest retail markets in the nation, supported by sustained population growth and high traffic volumes. The site is well-suited for a single-tenant quick-service restaurant (QSR) or convenience store development. A typical configuration would accommodate a 4,500–5,500 square foot building with drive-thru capability and dedicated parking. Total development costs are estimated between $3.5 million and $5.0 million, depending on tenant requirements. Market rents for new single-tenant QSR and C-store properties in DFW range from $45 to $60 per square foot NNN, resulting in a projected Net Operating Income (NOI) of $225,000 to $330,000 annually. Long-term, credit-tenant leases provide stable cash flow and attractive yield potenti

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
Total Lot Size 76.65 AC
Zoning C & I - Commercial & Industrial

1 LOT AVAILABLE

Lot 1, 2 & 3

Lot Size 76.65 AC

South side of State Highway 114, between John Day Road and the BNSF Intermodal Rail Line.

DESCRIPTION

Dallas Multifamily Advisors has been retained as the exclusive agent to arrange the sale of 114 Crossing, an ±81.11-acre (±45.67 useable acres) multifamily development opportunity along State Highway 114 in Fort Worth, Texas. The site is located within the successful master-planned Intermodal Logistics Center (ILC) West development. 114 Crossing’s strategic location provides high-visibility frontage on Highway 114, a major thoroughfare with an expected average daily traffic count of 119,000 vehicles in 2025, which is projected to more than double to 282,000 by 2055. This positioning offers unparalleled access to major transportation hubs and employment centers, including BNSF Railway’s Alliance Intermodal Facility, Perot Field Fort Worth Alliance Airport, and the AllianceTexas corridor. The area also benefits from proximity to the Texas Motor Speedway, which attracts world-class entertainment with seating for 155,000 spectators. Fort Worth is one of the fastest-growing cities in the U.S. and was recently named the #1 Pro-Growth City in the nation. The city’s population surpassed 1 million as of July 2024, and it has grown faster than any of the 30 most populous U.S. cities since 2020. The DFW metroplex has a highly diversified economy with employment growth that has outpaced the national rate. The average household income in the 2-mile radius around the site is $150,790, which is significantly higher than the Fort Worth median household income of $76,602. The demographic profile and economic vitality of the region highlight a strong and growing consumer base for multifamily development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R67935
Land Assessment
$2,301 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,301 CAD
  • Listing ID: 38251410

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 13330 Texas 114, Justin, TX 76247

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