3201 Royal Lane, Dallas, Texas (Cancelled)

This is one of the last hard-corner development sites along a major thoroughfare in N Dallas. Sitting at 0.50 acres, this site provides a unique opportunity to either build a new home, multi-family dwelling or seek rezoning to develop a commercial building that would match the opposing 3 corners of the intersection. High visibility with large daily traffic counts, est. at 40-55k CPD between both directions of Webb Chapel and of Royal as of 2019 counts. The current owner is not seeking rezoning, and makes no warranties as to the ability to do so, but it is the assumed highest and best use for the property. It is also assumed that a planned development with a more specific use will have a better chance of being approved versus an open zoning so the owner does not want to place any specific type of restrictions on the property. Seller is willing to assist in the rezoning process with an LOI or option contract in place. Contact listing agent with questions or to discuss in more detail.

Property Details

Categorized In:
Preston Hollow Homes for Sale
Ranch Homes for Sale
Preston Hollow Homes $1 Million to $2 Million, Preston Hollow Homes Under $1.5 Million

Representing the Seller Listing Agent: Jason Landry; Listing Office: Brinkley Property Group LLC

Representing the Buyer: Contact Listing Agent, Realtor Douglas Newby, if you would like to see this property. 214.522.1000

Property Map

Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)

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