3416 Hickory Tree RdBalch Springs, TX 75180

Property Details for 3416 Hickory Tree Rd

Lot size

5.90 AC

Zone code

Z138

Property type

Commercial land

APN

65144313510040001

APU

65144313510040001

Description

This exceptional 6.9-acre vacant land parcel presents a remarkable investment opportunity in Balch Springs, Texas. Located at 3416 Hickory Tree Road, this property boasts convenient access to major thoroughfares, including I-635, I-20, I-30, and Highway 175, ensuring excellent visibility and accessibility. Currently zoned LR (Local Retail), the land is primed for a variety of commercial developments, including restaurants, strip centers, convenience stores, professional or medical offices, retail spaces (department stores, grocery stores, hardware stores, furniture stores), financial institutions, amusement facilities, and schools. The possibilities are extensive, catering to a wide range of business needs. Furthermore, there's potential for rezoning to residential use, adding another layer of flexibility for future development plans. The property's value is solely attributed to the land itself; no value is assigned to any potential existing structures. A detailed report on the ongoing widening of Hickory Tree Road and a comprehensive land use chart are available upon request. This property offers significant potential for growth and return on investment. Consider the strategic advantage of combining this 6.9-acre parcel with the adjacent 10.939-acre property located at 12004 Quail Dr (MLS# 20490603) for a combined total of approximately 17.839 acres. The asking price for this exceptional opportunity is $796,495. Don't miss this chance to acquire a prime piece of Dallas County real estate.

• Alternative Use

  Use

  Valuation

  Residential

  $54,494,456

  Hospitality

  $49,916,632

  Educational

  $41,530,052

  Medical

  $42,958,332

  Retail

  $64,602,300

Location Insight

City

Balch Springs

County

Dallas

State

Texas

Latitude

32.7222

Longitude

-96.6216

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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