FOR SALE | LAND IMPROVEMENTS OF OVER $600,000 READY TO … · 2017. 6. 30. · FOR SALE | LAND...

Advisor / 817.640.9964 / [email protected]

DDAN MORRISAN MORRIS

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

dunncdunncommerommercial.cial.ccomom

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Access from HWY 287 & Sublett Road

• Great Location for Office/Retail, Medical, Nursing Home

• Food/Beverage-Restaurant and other permitted uses inthe City of Arlington.

• Highway Frontage Land Ready For Development WithOver $600,000 in Improvements / Utilities installedonsite and Fire Lane is paved.

FOR SALE | LAND

IMPROVEMENTS OF OVER $600,000 READY TO BE DEVELOPED6387 US Highway 287 | Arlington, TX 76017

469-233-2249

PROPERPROPERTTY SUMMARY SUMMARYY

SALE PRICE: $995,000.00

LOT SIZE: 4.53 Acres

TRAFFIC COUNT:Sublett Rd: +16,405 VPD

HWY 287: +80,975 VPD

ZONING: Community Commercial

MARKET: Dallas Fort Worth

SUB MARKET: Arlington/Mansfield





FOR SALE | LAND

6387 US Highway 287 | Arlington, TX 76017

COMMERCIAL HIGHWAY FRONTAGE LAND FOR SALE





NEW KROGER DEVELNEW KROGER DEVELOPMENTOPMENT

LLococaation:tion: North-West Corner ofSublett Rd and HWY

287

SizSize:e: 123,000 SF

IInfnformaormation:tion: Opening Soon,Catty-Corner to 6387

HWY 287 property landsite.

$20-23 Million Project225-250 New

Employees

Other NOther Neighboreighbors:s: Albertsons, Shell,McDonalds, Sonic,Denny's, Anytime

Fitness

MMaarkrkeet:t: Dallas Fort Worth

Sub MSub Maarkrkeet:t: Arlington/Mansfield

FOR SALE | LAND


COMMERCIAL HIGHWAY FRONTAGE LAND FOR SALE

Unified Development Code Article 3. Use Standards City of Arlington, Texas Section 3.1.5

Page 3-6

B. Non-Residential and Mixed-Use Districts

TABLE 3.1-2: Allowed Uses – Non-residential and Mixed-Use Districts

P = Permitted Use S = Specific Use Permit * = Supplemental Use Standards Apply

Non-residential and Mixed-Use

Use Category

Use Type L O

O C

N C

C C

G C

H C

D B

B P

L I

I M

N MU

R MU

Supplemental Use

Standards

RESIDENTIAL USES

Household Living

Dwelling, duplex

Dwelling, live/work P* P* P* P* 3.2.1.A

Dwelling, multi-family S* P* P* 3.2.1.A

Dwelling, single-family detached

Dwelling, townhouse S P P

HUD-code manufactured home | Mobile home

Group Living

Assisted living facility

(≤6 residents) S

Assisted living facility

(≥7 residents) S

Boarding house |

fraternity or sorority house | private dorm

P* 3.2.1.B

Community home for disabled persons

Foster family home

Foster group home

Halfway house S S S

Independent senior living facility

P* P* P* 3.2.1.B

Nursing home P P

PUBLIC AND INSTITUTIONAL USES

Community and Cultural Facilities

Art gallery or museum P P P P P P P P P P P P

Correctional facility S

Domestic violence shelter P P P P P

Emergency shelter P P P

Government administration and civic buildings

P P P P P P P P P P P P

Mortuary |crematory | funeral chapel

P P P P P

Philanthropic institution (other than listed)


Religious assembly P P P P P P P P P P P P

Educational Facilities

Business school P P P P P P P P P P P

Public or private school P P P P P P P P S S P P

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Page 3-7




Use Category

Use Type L O

O C

N C

C C

G C

H C

D B

B P

L I

I M

N MU

R MU

Supplemental Use

Standards

Trade school P P P P P

University | college | seminary

S S P P P P P P P P P

Health Care Facilities

Hospital P P P P P P P P

Hospital, psychiatric S S

Medical or dental office or clinic


Parks and Open Space

Cemetery S S P P P

Community garden P P P P P P P P P P P P

Public park or playground P P P P P P P P P P P P

COMMERCIAL USES

Agriculture Animal production P

Crop production P P P P

Animal-related Services

Kennel, commercial P* P* P P 3.2.3.A

Stables, commercial P* P* 3.2.3.A

Veterinary clinic P* P* P* P P* P* P P P* P* 3.2.3.A

Auto Sales, Equipment, and Repair

Auto service center S* S* S* P 3.2.3.B

Auto repair garage, major S* P* 3.2.3.B

Car wash S* P P 3.2.3.B

Commercial parking garage S S S

Gasoline sales P P P S P P 3.2.3.B

Motor vehicle rental P* P P P P P 3.2.3.B

Motor vehicle sales, new P P P P

Motor vehicle sales, used S* S* P 3.2.3.B

Financial Services

Bank or Financial Institution P* P* P* P* P* P* P* P* P* P* P* 3.2.3.C

Alternative Financial Institution

S* S* S* S* S* S* S* S* 3.2.3.C

Food and Beverage Services

Bar P* P* P* P* 3.2.3.D

Catering service P P P P P P P P

Restaurant P P P P P P P P P P P

Restaurant, take-out and delivery only

P P P P P P P P P P

Restaurant with drive-through

S P* P* P* S P* P* P* 3.2.3.D

Sidewalk cafe P* P* P* P* P* P* P* P* P* 3. 3.6.M

Lodging Facilities

Bed and breakfast inn S* S* P* P* P* 3.2.3.E

Hotel, boutique S* 3.2.3.E

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Page 3-8




Use Category

Use Type L O

O C

N C

C C

G C

H C

D B

B P

L I

I M

N MU

R MU

Supplemental Use

Standards

Hotel, full service P* P* P* P* P* P* P* P* P* P* 3.2.3.E

Hotel, limited service S* S* S* S* S* S* S* S* S* 3.2.3.E

Overnight parking facility 3.2.3.E

Residence hotel S* S* S* S* S* S* S* S* S* 3.2.3.E

Trailer camp | RV park P* 3.2.3.E

Mixed-Use Mixed-use development or building

P* P P 3.2.3.K

Office, Business or Professional

Office, business or professional

P P* P P P P P P* P P P P 3.2.3.F

Telemarketing call center P P P P P P

Personal Services

Bail bond service S S S P P

Day care center P P P P P P P S S P P

General personal services (other than listed)

P P P P P P P P P P P

Massage therapy clinic P P P P P P P P P P P

Tattoo parlor or piercing studio

S P P P

Recreation and Entertain-ment, Indoor

Banquet hall S* S* 3.2.3.G

Bingo parlor S* S* 3.2.3.G

Billiard parlor S* S* 3.2.3.G

Bowling alley S* S* S* S* 3.2.3.G

Game room

Gun range (indoor) S P P

Nightclub S* S* P* P* P* S* 3.2.3.G

Private club | lodge | fraternal organization

S P P P P P P P P P P P

Recreation, indoor (other than listed)

P* P P P* P P P P* 3.2.3.G

Skating rink P* P P P P 3.2.3.G

Teen club P* P* P* 3.2.3.G

Theatre, indoor P* P P P* P P* P* 3.2.3.G

Wedding chapel P P P S P P P

Recreation and Entertain-ment, Outdoor

Country club P P P P P P P P P P P

Golf course P P P P P P P P P P P

Gun club, skeet, or target range (outdoor)

S S

Major tourist attraction P S S

Recreation, general outdoor S S S P P P

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Page 3-9




Use Category

Use Type L O

O C

N C

C C

G C

H C

D B

B P

L I

I M

N MU

R MU

Supplemental Use

Standards

(other than listed)

Marina S S S S S 3.2.3.H

Retail (Sales)

Boat and accessory sales, rental and service

P S P P

Building and landscaping materials and lumber sales

P* P* P* P P 3.2.3.I

Farmer’s market S* S* 3.2.3.I

General retail store (other than listed)

P P P P P P P P P P

Firearm sales P P P P P P P P

Nursery, garden shop or plant sales

P* P* P* P* P P 3.2.3.I

Open-air vending P* P* P* 3.2.3.I

Package liquor store P* P* P* 3.2.3.I

Pawn shop P P P P

Second-hand goods store P P P P P

Specialty paraphernalia sales S S S S

Swimming pool, spa and accessory sales and service

P P P P P 3.2.3.I

Sexually Oriented Business

Sexually oriented business P* P* 3.2.3.J

INDUSTRIAL USES

Industrial Service

Building maintenance sales and service

P* P* 3.2.4.A

Cleaners, commercial P P

Food processing P* P P P 3.2.4.A

Heavy machinery rental, sales, and service

P P

Medical or scientific research laboratory

P P P P P P P P

Microbrewery | microdistillery | winery

P S P P P

Wrecker service S* P P 3.2.4.A

Manufac-turing

Asphalt or concrete batch plant

S

Custom and craft work P* P* P P P P* 3.2.4.B

Gas well S S S S S S S S S S S S 3.2.4.B

High-impact use S

Manufacturing, light P P P

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Page 3-10




Use Category

Use Type L O

O C

N C

C C

G C

H C

D B

B P

L I

I M

N MU

R MU

Supplemental Use

Standards

Manufacturing, heavy P

Salvage yard (indoor) P P

Salvage yard (outdoor) S* 3.2.4.B

Transporta-tion-related Uses

Airport or landing field S S S S

Heliport S S S

Railroad yard, shop, or roundhouse

P

Transit passenger terminal S P P P P S S

Utilities

Electric generating plant S S S S

Electric utility substation S P P P P P

Radio or TV station or studio P P P P P P

Utility lines, towers or metering station


Utility installation other than listed

S S S P P

Telecommunication Facilities

Building-mounted antennae and towers

P* P* P* P* P* P* P* P* P* P* P* P* 3.2.4.C


Towers ≤75 ft

Stealth towers ≤100 ft

P* P* P* P* P* P* P* P* P* P* P* P* 3.2.4.C


Towers >75 ft

Stealth towers >100 ft

S* S* S* S* S* S* S* S* S* S* S* S* 3.2.4.C

Wholesale Distribution and Storage

Cold storage plant P P

Contractors plant, shop and/or storage yards

P P

Distribution center | warehouse

P P P

Self-storage facility S* S* S* P* P* 3.2.4.D

Wholesale supply business P* P P P P 3.2.4.D

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FOR SALE | LAND


GREAT COMMERCIAL HIGHWAY FRONTAGE LAND FOR SALE

FOR SALE | LAND







* Demographic data derived from 2010 US Census

1 M1 Mileile 3 M3 Milesiles 5 M5 Milesiles

Total Population 10,655 71,091 183,985

Population Density 3,392 2,514 2,343

Median Age 36.0 37.1 36.0

Median Age (Male) 35.2 36.8 35.0

Median Age (Female) 37.3 37.4 37.1

Total Households 3,923 26,207 66,256

# of Persons Per HH 2.7 2.7 2.8

Average HH Income $80,306 $85,986 $83,217

Average House Value $182,544 $175,477

FOR SALE | LAND







The material contained in this Investment Offering Brochure is furnished solely for thepurpose of considering the purchase of the property within and is not to be used forany other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of SVN orOwner, or used for any purpose whatsoever other than to evaluate the possiblepurchase of the Property.

The only party authorized to represent the Property Owner (“Owner”) in connectionwith the sale of the Property is the SVN Advisor listed in this proposal, and no otherperson is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Investment Offering Brochure. If theperson receiving these materials does not choose to pursue a purchase of theProperty, this Offering Brochure must be returned to SVN.

Neither the SVN Advisor nor the Owner make any representation or warranty, expressor implied, as to the accuracy or completeness of the information contained herein,and nothing contained herein is or shall be relied upon as a promise or representationas to the future performance of the Property. This Offering Brochure may includecertain statements and estimates by SVN with respect to the projected futureperformance of the Property. These Assumptions may or may not be proven to becorrect, and there can be no assurance that such estimates will be achieved. Further,the SVN Advisor and the Owner disclaim any and all liability for representations orwarranties, expressed or implied, contained in or omitted from this InvestmentOffering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on thoserepresentations

Disclaimer | Confidentiality

and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipientof these materials shall not look to Owner or the SVN Advisor, nor any of their officers,employees, representatives, independent contractors or affiliates, for the accuracy orcompleteness thereof. Recipients of this Investment Offering Brochure are advised andencouraged to conduct their own comprehensive review and analysis of the Property.

This Investment Offering Brochure is a solicitation of interest only and is not an offer tosell the Property. The Owner expressly reserves the right, at its sole discretion, to rejectany or all expressions of interest to purchase the Property and expressly reserves theright, at its sole discretion, to terminate negotiations with any entity, for any reason, atany time with or without notice. The Owner shall have no legal commitment orobligation to any entity reviewing the Investment Offering Brochure or making an offerto purchase the Property unless and until the Owner executes and delivers a signedReal Estate Purchase Agreement on terms acceptable to Owner, in Owner’s solediscretion. By submitting an offer, a prospective purchaser will be deemed to haveacknowledged the foregoing and agreed to release the Owner and the SVN Advisorfrom any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospectivepurchaser, any prospective purchaser should not rely on any such correspondence orstatements as binding Owner. Only a fully executed Real Estate Purchase Agreementshall bind the property and each prospective purchaser proceeds at its own risk.

FOR SALE | LAND IMPROVEMENTS OF OVER $600,000 READY TO … · 2017. 6. 30. · FOR SALE | LAND...

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Transcript of FOR SALE | LAND IMPROVEMENTS OF OVER $600,000 READY TO … · 2017. 6. 30. · FOR SALE | LAND...