Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase all or a portion of a 13.77+/- acre development site located at the northwest quadrant of W. Wintergreen Road and US Highway 67 in rapidly growing Cedar Hill, TX just minutes south of the Dallas CBD (the “Site”). The Site is made up of two components, which can be bought together or separately, the first being an 8.56+/- acre active adult development site with the second being 5.21+/- acres of commercial, that can be padded out in the future, fronting US-67 and Wintergreen Road. The active adult site comes with completed plans for a 182 unit, 3-story, 55+ age restricted community. The Seller is open to a Buyer attempting to rezone the 8.56 acres to commercial while under contract if they prefer an alternative use. The Seller will convey the following at closing: existing architectural plans, engineering plans, and select third party reports.
Pricing is as follows:
Bulk Sale Asking Price (Entire 13.77+/- Acre Site): $5,998,212 ($10PSF).
Asking Price for just the Back Acreage (8.56+/- Acres): $3,542,299 ($9.50PSF).
Asking Price for just the Retail/Commercial Frontage (5.21+/- Acres): $4,085,056 ($18.00PSF).
A 2% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this or sent information regarding this opportunity.