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4100 North Star Dr
Irving, TX 75038

Vacant Land · Land For Sale · 3.69 AC

Investment Highlights

  • 4100 North Star Drive is a 3.69-acre tract situated at the doorstep of DFW Airport with direct access to Highway 161 and two frontage streets.
  • Neighboring 250,000 SF of industrial and office space to the north and approximately 1,520 multifamily units to the west.
  • 4100 North Star Drive benefits from traffic counts in excess of 100,000 vehicles per day via unmatched visibility from Highway 161.
  • The land has all utilities available and is zoned general commercial for a plethora of uses including retail, office, industrial, and medical.
  • Centrally located within 25 minutes of Downtown Dallas and Fort Worth, plus Irving Mall’s 120+ retailers and eateries five minutes away.
  • Dallas-Fort Worth rental rates for properties built after 2010 are up 6.6% year over year and vacancy rates are at their lowest since 2013.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.69 AC

Description

Sitting at the doorstep of the DFW Airport, 4100 North Star Drive offers a vast array of possibilities and an unbeatable location to service the bountiful Dallas-Fort Worth communities. The 3.69-acre tract boasts two sides of direct street frontage and incredible visibility from Highway 161 which sees more than 100,000 vehicles pass by daily. It also neighbors more than 250,000 SF of office and industrial space, plus approximately 1,520 multifamily units in the adjacent apartment communities. All utilities are available and 4100 North Star Drive is zoned general commercial, allowing for many uses including retail, office, industrial, and medical just to name a few. With its highly sought-after location, the only hurdle for this property is deciding what to develop. Nestled halfway between Dallas and Fort Worth, travelers can reach either city in under 25 minutes via the direct connection to Highway 161. Across the highway is a sprawl of affluent suburban neighborhoods and there are more than 235,000 residents contributing to $2.7 billion in annual consumer spending within a five-mile radius. For developments in need of workforce amenities, the property’s idyllic positioning is five minutes from the Irving Mall, home to more than 120 retailers and dining options. Rental rates across all building types for properties built post-2010 in the Dallas-Fort Worth market are getting increasingly high, up 6.6% from last year, additionally, vacancy rates are down 1.9% to their lowest levels since 2013. There are no signs of slowing down as the population within a 10-mile radius is expected to rise by more than 32,000 residents in the next five years, just in time to visit their new favorite destination at 4100 North Star Drive.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
65105774510280100
Land Assessment
$562,270
Improvements Assessment
$0
Total Assessment
$562,270
  • Listing ID: 24829652

  • Date on Market: 1/13/2022

  • Last Updated:

  • Address: 4100 North Star Dr, Irving, TX 75038

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