Sandeep D Balse
License number: 0599503
mobile: (682) 651-5335
www.kanamrealty.­com/
100 N Central Expy
Suite 913
Richardson, TX 75080
$1,500,000
912 Six Flags Drive, Arlington, Texas 76011, USA
MLS#
21198587
Property type
Land for sale, Land
Land size
0.44 sqft (0.04 m2)
Status
Sale price per sqm
36,695,149.15 $
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.
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:


Listing by: Onyx Legacy Realty LLC

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