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600-700 N Cedar Hill Rd
12.44 Acres of Commercial Land Offered at $4,000,000 in Cedar Hill, TX 75104
Executive Summary
The property is located only +/-0.6 miles from Highway 67 in the main retail hub of Cedar Hill. Nearby traffic generators include Target, Cinemark, Wal-Mart, Hillside Village Shopping Mall, Best Buy, Hobby Lobby, JCPenney, The Home Depot, plus many others.
Per the City of Cedar Hill, Cedar Hill is has a population of 49,084 with the median age of 34.24 and median household income of $74,415 with 72.07% owning their home vs renting. The leading industries in Cedar Hill are retail, accommodation and food services, and other services (retail, personal care, laundry, etc.). Located just 20 minutes from downtown Dallas, 30 minute from DFW airport, and 40 minutes from downtown Fort Worth. Consumer spend is $69,053,000 within 1 mile of the subject property.
Per the city of Cedar Hill, companies considering Cedar Hill may qualify for cash incentives and other assistance. The City’s Economic Development Corporation has the benefit of Type A sales tax funds set aside for job training, relocation assistance, and infrastructure development. Cedar Hill is home to low taxes, low cost of living, quality education, and more than 3 million square feet of retail and Class A office space.
The perimeter boundaries of the Property depicted herein are based on a Survey dated March 1, 2016, which are included in the Exhibits, but which is dated prior to the Owner's subsequent conveyance to the City of Cedar Hill of (1) a 0.5707 acre parcel of land including the historic Crawford Tornado Graveyard, and (2) a Hike and Bike Trail Easement which follows Bentle Branch Creek and provides a definitive means of public access to the Crawford Tornado Graveyard. The boundaries of the parcels thereby conveyed are more particularly described in the file-marked copies included in the Exhibits. In view of the above, interested parties and prospective buyers should not rely upon any survey, satellite photos or other graphical depictions of the Property or its boundaries, which are accessible on or through the website in connection with their development of any preliminary site plans for the Property, or for any other purposes.
Property Facts
1 Lot Available
Lot
Price | $4,000,000 | Lot Size | 12.44 AC |
Price Per AC | $321,543 |
Price | $4,000,000 |
Price Per AC | $321,543 |
Lot Size | 12.44 AC |
Level, triangle in shape, heavily treed, creek on property. Zoned LR (Local Retail) Utilities available. See attached offering memorandum for more information. Near major shopping hub and active development area. See attached marketing info.
Description
Mote & Associates is pleased to offer the opportunity to acquire a +/-12.44 acre retail lot in Cedar Hill, TX. Property features all utilities to site, Local Retail zoning, and close proximity to the main retail hub of Cedar Hill and Highway 67. Ideal for a mixed use development, see attached for marketing package which includes the proposed zoning framework from the city of Cedar Hill. The property is located only +/-0.6 miles from Highway 67 in the main retail hub of Cedar Hill. Nearby traffic generators include Target, Cinemark, Wal-Mart, Hillside Village Shopping Mall, Best Buy, Hobby Lobby, JCPenney, The Home Depot, plus many others. Per the City of Cedar Hill, Cedar Hill is has a population of 49,084 with the median age of 34.24 and median household income of $74,415 with 72.07% owning their home vs renting. The leading industries in Cedar Hill are retail, accommodation and food services, and other services (retail, personal care, laundry, etc.). Located just 20 minutes from downtown Dallas, 30 minute from DFW airport, and 40 minutes from downtown Fort Worth. Consumer spend is $69,053,000 within 1 mile of the subject property. Per the city of Cedar Hill, companies considering Cedar Hill may qualify for cash incentives and other assistance. The City’s Economic Development Corporation has the benefit of Type A sales tax funds set aside for job training, relocation assistance, and infrastructure development. Cedar Hill is home to low taxes, low cost of living, quality education, and more than 3 million square feet of retail and Class A office space.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $708,340 | Total Assessment | $708,340 |
PROPERTY TAXES
zoning
Zoning Code | LR (Local Retail District) |
LR (Local Retail District) |
Presented by
600-700 N Cedar Hill Rd
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