Absolute $1 Auction, 1.48 AC Dallas

Land Description

Absolute $1 Auction: 1.48 AC Dallas Land

Marketplace Online Auction June 19-21, 2021

Investment Highlights

±1.48 AC retail adjacent land with immediate access to Loop 12 (±147K Vpd)

Proximate to multiple demand generators including restaurants, grocery store, and Dallas National Golf Club

Zoned Mf-2A, Multifamily district 2

Well-Positioned within a dense market with ±213,940 people and avg. household income of $64,146 within a 5-mile radius

2 miles south of Interstate 30 with direct access to Dallas Cbd

Offering Details

CBRE and RealINSIGHT are pleased to present 5305 & 5306 Keeneland Parkway (the “Property”) consisting of 1.48 acres in Dallas, Texas. The Property offers an exceptional investment opportunity via development and first bid meets reserve.

The tracts consist of 1.48 acres across two parcels on Keeneland Parkway, near the intersection of Loop 12 (S Walton Walker Blvd) offering direct access to downtown Dallas. Both parcels have frontage on Keeneland Parkway with 5,553 vehicles per day and benefit from proximity to Loop 12 with an additional 147,535 vehicles per day. The Property is in a robust trade area near a mix of multi-family housing, retail, and industrial demand generators. The Property benefits from immediate traffic drawn by Super Fiesta Bazaar and Grocer, Church's Fried Chicken, and Shell. Additionally, the Property benefits from proximity to Dallas National Golf Club, a 400-Member course designed by Tom Fazio. Both Properties are currently zoned Mf-2A, Multifamily District 2.

The Properties are located approximately 10 miles west of downtown Dallas. The Property is in a densely populated residential area and benefits from compelling demographics. In 2021, the Property had approximately ±213,940 individuals residing within a five-mile radius with an average household income of ±$64,146.

Auctioneer:

Lamar P. Fisher

Fisher Auction Company Inc.

License: 10344