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9200 Markville Dr - Strategic Mixed-Use Land at LBJ & US-75 2.75 Acres of Commercial Land in Dallas, TX 75243
Investment Highlights
- Office,Multifamily,Retail/ Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning) Self Storage Development Possible with SUP.
- 9200 Markville Drive is nestled in a high-demand development zone with significant need for multifamily, mixed-use, hospitality, and medical projects.
- Within walking distance to lifestyle-enhancing city amenities, including Dallas’ six brand-new pickleball courts, located directly behind the site.
- Stellar location with access to US 75 and I-635, plus 10 minutes from Galleria Mall, NorthPark Center, UTD, Richland College, Medical City, & Costco.
- All on-site utilities: A 57,000-square-foot office/retail building was demolished in 2018, leaving full utility access and a development-ready parcel.
- Flexible infill development site suitable for self-storage, medical, multifamily, office-service, retail, and mixed-use operations.
Executive Summary
±2.75-acre shovel-ready development site with prior City of Dallas approvals in place for approximately 70 large-format residential units. The site also offers flexibility to increase density, with the potential to accommodate ~100 units under a revised plan, and up to ~300 units with a wrap-style development concept (subject to approvals). Ideal for developers seeking an infill project with reduced entitlement risk and an accelerated path to construction. Prime location surrounded by strong residential and commercial demand drivers.
9200 Markville Drive offers a prime infill development opportunity in one of Dallas’ most dynamic and rapidly revitalizing corridors. The site consists of ±2.75 acres with excellent frontage, visibility, and access, positioned just off Interstate 635 and minutes from major destinations, including NorthPark Mall, Galleria Dallas, the University of Texas at Dallas (UTD), Richland College, Medical City Dallas, and Costco.
Mixed Use Zoning. MU-3 is a broad zoning that allows 80% land coverage, and 18 stories height, and 10% industrial allowed.
Retail, Office, Hotel.
All utilities are readily available at the property, as the prior 57,000-square-foot office/retail building was demolished in 2018, making the site development-ready. The area surrounding 9200 Markville Drive is highly desirable, featuring strong traffic counts, dense residential neighborhoods, and significant retail and medical demand. The City of Dallas has also added new pickleball courts directly behind the site, further enhancing the area’s recreational appeal.
9200 Markville Drive is ideal for a range of uses, including multifamily, medical office, hospitality, retail, senior living, mixed-use, or build-to-suit opportunities. With its strategic location, strong demographics, and high-growth surroundings, 9200 Markville Drive offers a rare opportunity to develop in an established, high-performing Dallas submarket.
Matterport 3D Tour
Property Facts
1 Lot Available
Lot
| Lot Size | 2.75 AC |
| Lot Size | 2.75 AC |
Mixed-use infill development site in Lake Highlands, Dallas (MU-3 zoning). There’s a prior concept in place, positioning it as near shovel-ready. Self Store Development possible with SUP.
Description
Rare opportunity to acquire a ±2.75-acre mixed-use development site in the heart of Lake Highlands, one of North Dallas’ most desirable and rapidly evolving submarkets. Zoned MU-3, the property offers exceptional flexibility for multifamily, mixed-use, retail, office, or hotel development, with the ability to achieve high density and vertical scale—a rare combination in this infill location. The site is ideally positioned just minutes from LBJ Freeway (I-635) and US-75, providing outstanding regional connectivity and visibility. Surrounded by strong demographics and major employment drivers including Texas Instruments, Medical City Dallas, and Richland College, the area continues to experience significant residential and commercial growth. Previously improved with a ±56,000 SF structure (demolished in 2018), the site benefits from established utility infrastructure, allowing for a more efficient path toward redevelopment. The zoning supports up to ~80% lot coverage and substantial height potential, making it ideal for mid-rise, wrap, or podium multifamily projects with the ability to maximize unit count and returns. Additional highlights include proximity to Galleria Dallas, NorthPark Center, and multiple hospitality and retail amenities, as well as nearby public investments such as the Dallas Water Utilities facility and new recreational developments, further enhancing long-term value. This is one of the few remaining infill sites in the area capable of supporting higher-density development, offering developers a unique opportunity to deliver a well-positioned project in a supply-constrained corridor.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Jg's Old Fashioned Hamburgers | South American | $ | 6 min walk |
| Dante's Pizza & Pasta | Pizza | $ | 6 min walk |
| Chick-Fil-A | - | - | 9 min walk |
| Olive Garden | - | - | 8 min walk |
| Whataburger | - | - | 9 min walk |
| Outback Steakhouse | - | - | 9 min walk |
| Mcdonald's | - | - | 12 min walk |
| Braum's | Ice Cream | $ | 12 min walk |
| Starbucks | Cafe | $ | 12 min walk |
| Subway | - | - | 13 min walk |
Retail |
||
|---|---|---|
| United States Postal Service | Business/Copy/Postal Services | 2 min walk |
| Great Expressions Dental Centers | MD/DDS | 6 min walk |
| Planet Fitness | Fitness | 11 min walk |
| Walmart | Dept Store | 12 min walk |
| KinderCare | Daycare | 11 min walk |
| Bank of America | Bank | 13 min walk |
| Kroger | Supermarket | 12 min walk |
Hotels |
|
|---|---|
| Homewood Suites by Hilton |
78 rooms
1 min drive
|
| Fairfield Inn |
94 rooms
1 min drive
|
| Sonesta Simply Suites |
122 rooms
4 min drive
|
| Westin |
536 rooms
6 min drive
|
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $2,419,727 CAD | Total Assessment | $2,419,727 CAD |
Property Taxes
Sale Advisor
Sale Advisor
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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9200 Markville Dr - Strategic Mixed-Use Land at LBJ & US-75
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