12099 Luna RdFarmers Branch, TX 75234

Property Details for 12099 Luna Rd

Year built

2023

Lot size

3.01 AC

Zone code

Z236

Property type

Commercial land

APN

241496500A0010000

APU

241496500A0010000

Description

This exceptional 2.496-acre commercial land parcel presents a unique investment opportunity in the thriving Farmers Branch, Texas market. Situated in the southwest quadrant of the highly visible intersection of Mercer Parkway and Luna Road, this property benefits from exceptional accessibility and high visibility. The land is zoned Mercer Crossing PD-88, a designation specifically permitting the development of hotels and retail establishments. This zoning allows for a wide range of development possibilities, catering to diverse business needs and maximizing investment potential. The location offers unparalleled convenience, being situated just west of the heavily trafficked intersection of I-35 and LBJ Freeway, ensuring significant exposure to a large and diverse customer base. This prime location provides easy access to major transportation arteries, facilitating seamless commutes for employees and customers alike. The expansive lot size provides ample space for a substantial development project, allowing for flexibility in design and maximizing the potential return on investment. Given the strategic location and approved zoning, this property represents a rare opportunity to capitalize on the robust growth and development within the Farmers Branch area. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property address is 12099 Luna Road, Farmers Branch, Texas, 75234, within Dallas County.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $41,664,000

  Retail / Commercial

  $21,344,600

  Mixed-Use / Specialty

  $21,252,400

  Hospitality / Lodging

  $15,571,300

  Office

  $21,109,400

  Institutional / Educational

  $22,088,200

  Residential Income

  $25,843,200

  Multifamily

  $31,084,300

  Automotive / Energy

  $18,932,700

  Parking / Income-Based Land

  $6,549,380

  Restaurant / Food Service

  $11,019,200

  Healthcare / Senior Housing

  $21,810,500

Location Insight

City

Farmers Branch

County

Dallas

State

Texas

Latitude

32.9112

Longitude

-96.9246

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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