2527-2531 W Pleasant Run Rd
- Excellent Location: The Property is well-positioned on W Pleasant Run Rd, between I-35E & N Houston School Rd. The Property is located just 20 minutes south of Downtown Dallas via I-35E
- Prime Development Sites: The Property consists of approximately 9 & 4 acre tracts zoned for multifamily and mixed-use respectively. Tract A, which has frontage on W Pleasant Run Rd, is located partially in the Medical District Corridor Sub-District of Lancaster’s Medical District Overlay which encourages mixed-use development and an overall pedestrian-friendly urban aesthetic.
- Strong Demographics: From 2010 to 2020, the population within a 5 mile radius of the Property saw over 26% growth. The population in that same area is expected to grow another 6% between 2020 and 2025. The steady rise in population density in the area makes this an ideal location for multifamily development.
- Growing Employment Rate: The Property is in close proximity to a number of major distribution centers for the DFW area, many of which were built in the last 5 years. Employers include Amazon, Wayfair, Quaker Pepsico, Walmart, BMW, Kohl’s, Kohler and many others.
- Many Area Retailers: The Property is also in close proximity to numerous national retailers such as Walmart, Home Depot, Kroger, QuikTrip, McDonald’s and many others.
Property Description
SLJ Company, LLC (“SLJ”) has been exclusively retained to offer 2527 & 2531 W Pleasant Run Rd, approximately 9 & 4 acre multifamily residential development sites, located just south of I-20, near the northeast corner Interstate 35E & W Pleasant Run Rd, in Lancaster, Texas. Lancaster is a growing suburb located just 20 minutes from Downtown Dallas, which gives it excellent potential for multifamily development.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 13.48 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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