Great Opportunity: This 12,298 square foot portfolio sale includes two buildings on a single lot, consisting of a fully leased multi-tenant commercial/residential investment property. The property presents an excellent redevelopment opportunity, as the current deed restriction will be removed, and the zoning will be changed to WMU-3.
Walkable Urban Mixed Use (WMU): The property is situated in a Walkable Urban Mixed Use (WMU) district, which includes zoning classifications such as WMU-3, -5, -8, -12, -20, and -40. The Walkable Urban Mixed Use (WMU) districts are designed to accommodate a mix of compatible uses in close proximity to one another, creating a pedestrian-friendly environment.
The WMU districts are ideal for development types that align with the district’s zoning intent. The property is eligible for a zoning change to WMU, where there is no minimum acreage required for an application. These districts are particularly well-suited for locations near rail transit stations, within job centers, or adjacent to major commercial and residential hubs.
Located just 6 miles from downtown Dallas, the property is strategically positioned near major traffic routes, including I-30 and I-35, and is within walking distance of the DART Hampton Station and Bus stops along Emmet Street.