This is one of the last hard-corner development sites along a major thoroughfare in N Dallas. Sitting at 0.50 acres, this site provides a unique opportunity to either build a new home, multi-family dwelling or seek rezoning to develop a commercial building that would match the opposing 3 corners of the intersection. High visibility with large daily traffic counts, est. at 40-55k CPD between both directions of Webb Chapel and of Royal as of 2019 counts. The current owner is preparing to seek rezoning but is open to sell prior to the start of that process. Commercial use is the assumed highest and best use for the property. Seller is willing to assist in the rezoning process with an LOI or option cont. in place.
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Location
3201 Royal Lane, Dallas, TX 75229
Status
Sold
Property Amenities
Area & Lot
Lot Area0.5 Acres
MLS® ID20537938
Year Built1964
School DistrictDallas ISD
High SchoolWhite
Middle SchoolMarsh
Elementary SchoolDegolyer
TypeLand
StatusSold
Exterior
Water SourcePublic
SewerPublic Sewer
Lot FeaturesCorner Lot, Level, City Lot
UtilitiesElectricity Connected, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Underground Utilities, Water Available
Finance
Price Upon Request
"Provides a unique opportunity to either build a new home, or multi-family dwelling or seek rezoning to develop a commercial building."
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