12901 Elam Road, Balch Springs, TX

$1,750,000

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9.12

Acres

About 12901 Elam Road

The property is located on the north side of Elam Road, just 2 blocks east of IH-635 in Balch Springs.  This area features almost 24,000 seniors 65+ in a 5-mile radius, which is forecasted to be just over 29,000 in 5 more years.   Elam Road is a 4-lane boulevard with raised median, but a median opening exists at the property.  The city police-fire administration, city library, and city civic center are three buildings basically across the street.  The site has 9.123 acres, perfect rectangular shape, and 429' of frontage on Elam Road.   It is gently sloping with no FEMA flood plain.   The frontage is zoned LR Local Retail, most of the balance is zoned MF-16 Multi-Family allowing 16 units per acre, and 2.5 acres is zoned Single Family.  Townhome development would be ideal with two double loads of 82-foot lots. City staff said if multi-family, they would prefer market rate MF and NO tax credit. City water and city sewer mains are both nearby.   Seller is motivated to get this sold.

Features of 12901 Elam Road

MLS® # 20500086
Price $1,750,000
Bathrooms 0.00
Acres 9.12
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 12901 Elam Road
Subdivision Rose Gardens
City Balch Springs
County Dallas
State TX
Zip Code 75180

Amenities

Utilities City Sewer, City Water, Electricity Available
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Acreage, Interior Lot, Many Trees

Additional Information

Zoning Mid-Density Res, SFR, and some Local Retail

Listing Details

AgentWayne Burgdorf
OfficeBurgdorf Realty Group
Contact Info817-467-6483

Listing Map

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