$21,770,325
$22M PRICE INCREASE

1501 E Belt Line Rd Wilmer, TX 75172

Estimated payment $119,502/month

Total Views 51,248
69.38 Acres
$313,766 Price per Acre
3,022,367 Sq Ft Lot

About This Lot

This prime 69 acre mixed use development, located close to I45, is perfectly positioned for growth. Divisible lots from 3 to 23 acres are available for a range of projects, including hotel, townhomes, single-family homes, multi-family housing, warehouse flex space, retail, and office space. Just 15 miles from downtown Dallas, the site has easy access to major highways and city utilities. Key corporations like Amazon, Unilever, Whirlpool, and Procter & Gamble are nearby, making this a strategic location. Lot 1 Townhomes 14 buildings, two stories on 10 acres, Lot 2 Hotel 23,400 sq. ft. on 3.02 acres, Lot 3 Retail 77,982 sq. ft. on 7.47 acres, Lot 4 Multi-family 32 buildings, three stories, 27 units each on 23.64 acres, Lot 5 Single-family homes 28 homes on 1⁄2 acre lots on 18.38 acres, Lot 6 Office warehouse space 141,847 sq. ft. in 3 buildings on 7.06 acres. Eligible for potential city tax incentives, this development offers flexible options to maximize return on investment. Wilmer’s rapid growth has seen 12 million sq. ft. of commercial space developed within 5 miles since 2020, making this a high-demand opportunity!

Listing Agent

Charles Horton

The Michael Group Real Estate Brokerage Phone: 469-363-0209 License #0546099 Listed on: 10/04/2024

The Michael Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $69,322

Lot Details

  • 69.38 Acre Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as Mixed Use Planned Development

Location

  • City Lot

Schools

  • Eddie Bernice Johnson Elementary School
  • Kennedy Middle School
  • Wilmerhutc High School

Community Details

  • Charles A Warfield Surv Abs #1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 65161206510160000

Property Details

Property Type

Land

Est. Annual Taxes

$69,322

Lot Details

0

Listing Details

  • OWNERNAME: Venetian Properties LLC
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 469-363-0209
  • Co List Office Mls Id: MIGR02HU
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48113:65161206510160000
  • Special Features: VirtualTour

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Zoned

Schools

  • Elementary School: Eddie Bernice Johnson
  • High School: Wilmerhutc
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Features: Acreage, Cleared, Level, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 69.384
  • Parcel Number: 65161206510160000
  • Lot Size Acres: 69.384
  • Lot Size Sq Ft: 3022367.04
  • Zoning Description: Mixed Use Planned Development
  • Present Use: Commercial

Tax Info

  • Tax Annual Amount: 69322.0

MLS Schools

  • MiddleOrJuniorSchool: Kennedy

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 Price Changed $21,770,325 +2177032400.0% --
10/04/2024 10/04/24 For Sale $1 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20746531

North Texas Real Estate Information Systems (NTREIS)