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Strategic Mixed-Use Land at LBJ & US-75 9200 Markville Dr 2.75 Acres of Commercial Land for Lease in Dallas, TX 75243
Highlights
- Office,Multifamily,Retail/ Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning) Self Storage Development Possible with SUP.
- Unmatched Location minutes from Galleria Mall, NorthPark Center, UTD, Richland College, Medical City, and Costco.
- High-Demand Development Zone with significant need for multifamily, mixed-use, hospitality, and medical, and Sport.
- All Utilities On-Site – a 57,000 SF office/retail structure was demolished in 2018, leaving full utility availability.
- Adjacent to New City Amenities including Dallas’ brand-new 6 pickleball courts directly behind the site.
- Ideal for retail, multifamily, medical, hotel, office, or entertainment. Minutes from Medical City, DART, Costco, and major new developments. Availab
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 2.75 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 2.75 AC |
Mixed Use Zoning. MU-3 is a broad zoning that allows 80% land coverage, and 18 stories height. Dallas Multifamily Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning) Self Storage Development Possible with SUP. Land for Lease or Sale– 9200 Markville Dr, Dallas, TX Prime development opportunity in one of North Dallas’ most active and high-growth corridors. The site offers excellent visibility and accessibility, surrounded by major retail, medical, hospitality, and dense residential communities. All utilities are available at the property—previous 56,000 SF office/retail structure was demolished in 2018. Located minutes from NorthPark Mall, Galleria Dallas, UTD, and Richland College, and within blocks of Costco Wholesale and Medical City. The area benefits from strong traffic counts, established rooftops, and continuous demand for multifamily, medical, and commercial uses. Ideal for retail, medical, hospitality, mixed-use, build-to-suit, EV charging, or QSR with drive-thru. Flexible terms available. Executive Summary 9200 Markville Drive represents a premier 2.75-acre infill development opportunity located in the heart of Dallas’ thriving Lake Highlands and Midtown submarkets. Formerly improved with 56,000 square feet of office and retail demolished in 2018, the site benefits from fully available utilities—including water, sewer, gas, and electric—dramatically reducing development timelines. The property is minutes from Richland Community College and surrounded by major demand drivers including Galleria Dallas, NorthPark Mall, SMU, Costco Wholesale, and Medical City Dallas. Lake Highlands continues to experience rapid growth in contemporary urban housing with strong multifamily absorption and limited land supply. The site’s proximity to US-75 and I-635 offers exceptional connectivity and high traffic counts, supporting multifamily, mixed-use, medical, hospitality, and retail development options. Development Opportunity The 2.75-acre site provides developers with flexible configurations for a variety of uses: • **Multifamily Development** – strong absorption, high demand, limited supply. • **Hospitality** – supported by nearby Medical City, retail corridors, and US-75. • **Medical or Professional Office** – excellent adjacency to Medical City and corridor workforce. • **Townhomes / Build-to-Rent** – high demand in Lake Highlands infill pockets. • **Retail or Mixed-Use** – strong traffic and regional anchors support commercial density. With utilities fully in place, developers can mobilize faster with significantly reduced upfront costs. Market Drivers • Minutes from Richland Community College – consistent housing demand generator. • Near major Dallas anchors: Galleria Mall, NorthPark Center, SMU, Costco, Medical City Dallas. • Lake Highlands continues to boom with contemporary urban housing and rent growth. • Limited infill land supply enhances long-term asset value. • Dense population and strong daytime employment base support multi-use development. Closing Summary 9200 Markville Drive stands out as one of the few remaining infill redevelopment parcels in Dallas’ fast-growing Lake Highlands and Midtown corridors. With utilities on-site, superior accessibility, and significant demand drivers, the site is ideally positioned for multifamily, hospitality, medical, retail, or mixed-use development—offering immediate scale and long-term value creation for developers.
Matterport 3D Tour
Property Overview
# Strategic Mixed-Use Development Site | 9200 Markville Dr | Dallas, TX ## 2.75± Acres | MU-3 Zoning | Ground Lease or Sale An exceptional opportunity to acquire or ground lease one of the few remaining infill development sites in the rapidly transforming North Dallas corridor. Located at the highly visible intersection of **US-75 (Central Expressway) and LBJ Freeway (I-635)**, this 2.75± acre property offers outstanding access, flexible MU-3 zoning, and proximity to some of the region's most significant current and planned developments. ### Property Highlights * 2.75± acres * MU-3 Mixed-Use zoning * Available for Ground Lease or Sale * Existing utilities at the site * Excellent visibility and access from US-75 and I-635 * Minutes from Downtown Dallas, Richardson, Plano, and Addison * Walking distance to LBJ/Central DART Station * Ideal for mixed-use, retail, restaurant, hotel, medical office, entertainment, recreation, office, senior housing, multifamily, and other commercial developments ### Positioned in the Path of North Dallas Growth The property is surrounded by billions of dollars in public and private investment, making it one of the premier redevelopment opportunities in North Dallas. #### Major Area Catalysts * **Future Dallas Mavericks Arena & Entertainment District** – The Mavericks have selected the former Valley View Mall site for a planned 104-acre mixed-use development featuring a new NBA arena, entertainment venues, restaurants, hotels, retail, offices, residential uses, and public gathering spaces. This transformational project is expected to become one of Dallas' premier entertainment destinations and a major economic driver for the North Dallas corridor. ([Reuters][1]) * **Planned H-E-B at Hillcrest & LBJ (I-635)** – The first H-E-B store within the City of Dallas is planned just minutes from the property, further strengthening retail demand and attracting additional commercial development. ([YouTube][2]) * Medical City Dallas Hospital and surrounding medical district * Richland College and nearby University of Texas at Dallas * Costco, major employment centers, and numerous corporate headquarters * Immediate access to the LBJ/Central DART Station providing regional connectivity * Continued residential, multifamily, and mixed-use growth throughout the Midtown and North Dallas corridor. ([Wikipedia][3]) ### Development Potential The site's flexible MU-3 zoning and strategic location make it suitable for numerous uses, including: * Mixed-Use Development * Multifamily * Retail Center * Entertainment & Recreation * Indoor Sports Facility * Soccer Training Center * Medical Office * Hotel * Office Campus * Senior Living * Educational Facility * Corporate Headquarters With exceptional freeway visibility, regional accessibility, and multiple transformational developments underway nearby, 9200 Markville Drive represents one of the last premier mixed-use development opportunities in the North Dallas market. [1]: https://www.reuters.com/sports/mavericks-select-north-dallas-site-new-arena--flm-2026-06-02/?utm_source=chatgpt.com "Mavericks select North Dallas site for new arena" [2]: https://www.youtube.com/watch?v=Ty3hkAgjDuQ&utm_source=chatgpt.com "Dallas Mavericks New Arena Location Revealed! - Eve Holder ..." [3]: https://en.wikipedia.org/wiki/Midtown%2C_Dallas?utm_source=chatgpt.com "Midtown, Dallas"
Property Facts
Leasing Agent
Leasing Agent
Asif Khan, Real Estate Broker
Real Estate Investment Advisor | Commercial & Residential Expert | DFW Market Leader
Asif Khan founded Kin Worth Realty in 2006 with a vision to deliver expert, client-centered real estate solutions. With over 19 years of experience in both commercial and residential real estate, Asif has successfully represented tenants, landlords, investors, and property owners throughout the Dallas–Fort Worth Metroplex.
Known for his deep market insight, strategic guidance, and proven track record, Asif has become a trusted name in the DFW real estate community. His commitment to long-term relationships and personalized service has earned him a reputation as one of the region’s leading real estate advisors.
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Strategic Mixed-Use Land at LBJ & US-75 | 9200 Markville Dr
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