Prime 4.43-acre mixed-use development opportunity in the highly sought-after Arcadia Park submarket, slated for a 35 percent commercial retail and 65 percent residential project split. This institutional-scale site boasts irreplaceable three-sided frontage on one of Dallas's highest-traffic corridors, with 131,000 VPD on Loop 12 and 22,000 VPD on W. Davis St. Currently zoned CS (Commercial Service), this property qualifies for by-right multifamily and mixed-use development under Texas SB 840 (effective Sept. 1, 2025). This administrative pathway eliminates rezoning risk and dramatically reduces time-to-permit. Designed to accommodate the required 35 to 65 ratio, a conceptual site plan demonstrates potential for approx. 14,930 SF of ground-floor retail alongside 30 to 45 residential units across three buildings. The property features a Zone X flood designation (no floodplain development constraints) and has all major utilities available (extensions required). A Civil Site Feasibility Report and Conceptual Site Plan are available for due diligence. Ideal for mixed-use developers, institutional land banking, or 1031 exchange buyers seeking significant development optionality.
| Listing Id: | 21345032 |
|---|---|
| List Price: | $2,250,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Unimproved Land |
| Status: | Active |
| Unexempt Taxes: | $16,727 |
| Lot Size Square Feet: | 192,970.8000 |
| Lot Size Acres: | 4.43 |
| Waterfront?: | No |
| City: | Dallas |
| County Or Parish: | Dallas |
| Subdivision Name: | Anderson & Goodman |
| Postal Code: | 75211 |
| Year Built: | 1957 |
| Basement Yn: | No |
| Building Area Total: | 11,128.00 |
| Business Type: | Other |
| Directions: | From Downtown Dallas, take I-30 West. Take the exit for TX-12 Walton Walker Blvd. Continue South on Loop 12. The property will be on your right, situated at the highly visible intersection of Loop 12 and W. Davis St. |
| Lot Features: | Acreage |
| Lot Size: | 3 to < 5 Acres |
| Lot Size Area: | 4.4300 |
| Lot Size Source: | Other |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Multi Zoning?: | No |
| Municipal Utility District?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 1052 |
| Utilities: | City Sewer, City Water, Electricity Available, Natural Gas Available |
| Will Subdivide: | No |
| Zoning Description: | CS-Commercial Service District |
Listing Courtesy of: Estate Realty, Inc.
Listing Agent: Darden Mcglothlin
214-390-5417
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 05:55 PM - CT
Property Last Updated: October 08, 2026 05:55 PM - CT

