Firewheel Pky
Garland, TX 75040
Springfield Tract 7A - 5 Acres · Land For Sale · 5.00 AC

This portion of Tract 7A is a 5 acre tract (4.25 acres net of flood) located along the south side of Firewheel Parkway, between Castle Road and Centerville Road in Garland, Texas. This property is zoned PD-Retail, but now also qualifies for MF development under the new Texas SB 840 law at 36 unit density; 45' height; and 1 parking space per unit. Additionally, there is strong residential development in this area and not many commercial tracts left fronting Firewheel Parkway. This tract can also probably be rezoned for Townhomes as it was previously zoned that way in 2005; and also has a strong potentially for senior multi-family housing.
The tract is located along the eastern line of the high bank of Rowlett Creek and runs approximately 800 feet east along Firewheel Parkway towards Castle Drive. This tract is level and is easily identifiable as a separate tract when viewed from Firewheel Parkway.
This tract is priced to sell at $6.00 psf, which makes it one of the cheapest properties in this market.
Firewheel Parkway is a major exit off the President George W. Bush Tollway. It is a six lane road with a divided median and Firewheel Mall is 2 miles to the west.