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- LoopNet Team
5531 Lake Ridge Pkwy
Grand Prairie, TX 75052
Lake Ridge Parkway Pads in Grand Prairie · Land For Sale · 1.00 AC
Investment Highlights
- Located on Lake Ridge Parkway, South of IH-20 in Good Demo Area
- Carve to Suite from 6.5-Acre Parent Site at $12/sf
- Ideal for QSR, retail, medical, etc.
- Busy 6-Lane Boulevard with Median Opening for Site
- Zoned Commercial, Platted, Reciprocal Access Along Front, Level, All Utilities, CLEAN
- Email Wayne.burgdorf@svn.com for Full Info
PROPERTY FACTS
Description
The subject sites are carve to suit commercial sites at 5523 Lake Ridge Parkway, with the parent tract having 6.533 acres. The sites are located in southwest Grand Prairie where strong residential development is just about complete and commercial uses are coming in. This is one of the best demographic areas of Grand Prairie considering population and income. The sites are located on the west side of Lake Ridge Parkway, just south of Camp Wisdom. Regional retailers are along the freeway corridors nearby, and this is an ideal location for neighborhood commercial and service uses. The parent site is 6.533 acres with 607 feet of frontage and a varying depth of 360-500'. The parent site can have two drive approaches, one at the median opening of Montgomery Drive, both of which can be shared among all pad users via reciprocal access. Lake Ridge has about 16,500 vpd at this location. It is about the cleanest site you will see with level terrain, no flood, no unusual easements, and all utilities. The parent site can be carved up with 3-5 sites at $12/sf. This posting assumes one acre at $12/sf as an example.
PROPERTY TAXES
Parcel Number | 41500377 | Improvements Assessment | $0 |
Land Assessment | $254,564 | Total Assessment | $254,564 |
PROPERTY TAXES
zoning
Zoning Code | Comm PD267A |
Comm PD267A |
Learn More About Investing in Land
Listing ID: 22487364
Date on Market: 3/16/2021
Last Updated:
Address: 5531 Lake Ridge Pkwy, Grand Prairie, TX 75052
The Land Property at 5531 Lake Ridge Pkwy, Grand Prairie, TX 75052 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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