For Sale
$4,323,330

Lake Ridge Pkwy Grand Prairie, TX 75052

Prime South Grand Prairie commercial/residential land.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 39.7-acre tract is ideally situated in the heart of South Grand Prairie, Texas, at the southwest corner of Great Southwest Parkway and Lake Ridge Parkway, just south of I-20. The property's strategic location offers unparalleled access to major transportation arteries and is surrounded by a thriving mix of existing single-family homes, commercial businesses, and retail establishments. Nearby amenities include Methodist Urgent Care and Medical City Family Medicine, highlighting the area's strong medical presence. The land is zoned PD-52 (SF-1), presenting versatile development opportunities for both residential and commercial projects. The asking price is $4,323,330, reflecting a recent price reduction in June 2023. Essential utilities, including water, sewer, and electricity, are available according to city records. Furthermore, any previous capped well and production equipment have been removed as of Spring 2023, simplifying development plans. The property falls within the Arlington ISD school district. This presents a unique chance to acquire a significant land parcel in a rapidly growing area with excellent infrastructure and a diverse range of existing businesses and residential communities. The property's size and location make it an attractive investment for developers seeking to capitalize on the area's continued expansion.

Highlights

  • Price Reduction (June 2023): $4,323,330
  • PD-52 (SF-1) Zoning
  • Arlington ISD
  • City utilities available: water, sewer, and electric
  • Capped well and production equipment removed (Spring 2023)

Property Details for 0 Lake Ridge Pkwy

Property type
Land
Lot Size (sq. ft)
1,729,332 SF

Location Insight

City
Grand Prairie
County
Tarrant
State
Texas
Latitude
32.65581
Longitude
-97.04266
Lake Ridge Pkwy, Grand Prairie, Texas

FAQs

What type of property is this?
Land - Prime South Grand Prairie commercial/residential land.
Where is the land located?
The property is located at Lake Ridge Pkwy Grand Prairie, TX.
What is the asking price?
The asking price for this property is $4,323,330.
What are key features of this property?
This property features: Price Reduction (June 2023): $4,323,330; PD-52 (SF-1) Zoning; Arlington ISD
How can I contact the broker?
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