Address
12901 Elam Road, Balch Springs, TX
Price
$ 1,750,000
Property Attributes
- MLS#20500086
- TypeCommercial
- CountyDALLAS
- CityBalch Springs
- NeighborhoodRose Gardens
- Zip75180
- StyleUnimproved Land
- Taxes$ 2036
- Price$ 1,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size9.123 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Price History | |
|---|---|
| 12/26/2023 | Listed $1,950,000 |
| 1/2/2024 | 11% - $1,750,000 |
General Features
| Utilities | City Sewer,City Water,Electricity Available |
|---|---|
| Possession | Closing/Funding |
| Topography | Gentle slope,trees,no flood |
| Business Type | Other |
| Unexempt Taxes | 2036 |
| Will Subdivide | No |
| Property SubType | Unimproved Land |
| Subdivision Name | Rose Gardens |
| Zoning Description | Mid-Density Res,SFR,and some Local Retail |
| County | Dallas |
| Property Type | Commercial Sale |
| Special Notes | Owner/ Agent |
| Status | Active |
| Directions | From IH-635,go east on Elam Road 4 tenths of a mile,and property on the left or north side of Elam Road. |
| City | Balch Springs |
| Buyer Agent Compensation | 1.00% |
| Street Name | Elam |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|---|
| Street Suffix | Road |
Exterior Features
| Lot Features | Acreage,Interior Lot,Many Trees |
|---|---|
| Lot Size Source | Plans |
| Lot Size | 5 to < 10 Acres |
| Lot Size Area | 9.1230 |
| Lot Size Dimensions | 430x923 |
| Lot Size Units | Acres |
| Road Frontage Type | City Street,Curbs/Gutters,Storm Sewer |
| Lot Size Square Feet | 397397.8800 |
| Lot Size Acres | 9.1230 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75180
Price
Taxes
Visits
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