Property Details
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Laura Life
Winston Properties, LLC
phone: (817) 964-0800
mobile: (817) 964-0800
office: (817) 579-5555
fax: (817) 579-5477
www.lauralife.­com

115 W. Pearl Street, Ste. 108
Granbury, TX 76048, United States
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912 Six Flags Drive, Arlington, Texas 76011, USA
List Price: $1,500,000
Sale price per sqm: 36,695,149.15 $
Status: ACT
MLS#: 21198587
Property type: Land for sale, Land
Land size: 0.44 sqft (0.04 m2)
Property Details
city water, City sewer Utilities:
Interior Lot Lot Description:
Lot Land Information
Less Than 0.5 Acre Lot size:
School Information
57 School District:
Webb Elementary School:
Nichols Junior High School:
Lamar High School:
Remarks
Rare income producing vacant commercial lot for sale directly across from Six Flags Theme Park & in close proximity to AT&T Stadium & Globe Life Field. There is currently a contract in place with a premier parking company. The site yields roughly $160k in gross profis which the current owner is due 50% throughout the year. A new owner can immediatley earn income prior to re-developing the parcel or elect to not re-new the agreement post expiration and create a self managed parking business. Property is located within the City of Arlington's Entertainment District Overlay (EDO) which is intended to create an identifiable & exciting character for the 2,700-acre entertainment area in the central city. New development & redevelopment in the EDO district is guided by development standards intended to promote a complementary mix of land uses & physical design per City of Arlington's Planning & Zoning division. This site, formerly a Steak & Ale restaurant, is equidistant between Dallas & Fort Worth, is easily accessible from I-30 and Hwy 360 & is best suited for high density development such as hotels, restaurant & retail. Traffic counts on Six Flags Dr are 6,983 vehicles per day & 178,000 on Hwy 360 per CoStar analytics. 2022 average household income within a 5 mile radius is $66,386 with a population totaling 312,054. Survey in transaction desk.


Listing by: Onyx Legacy Realty LLC



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