Auction Information
High-Density Mixed-Use Infill | Dallas, TX
Discover the versatile mixed-use development site offering limitless possibilities and a prime location between Lyndon B Johnson Freeway and Greenville Avenue in Dallas vibrant Lake Highlands neighborhood at 9200 Markville Drive. Comprising 2.75 acres across three parcels, the sites flexible MU-3 Zoning permits a wide range of development options, combining multifamily, retail, hotel, education, and high-rise office/retail facilities. The zoning allows for a development of up to 18 stories with 80% land coverage, and up to 10% industrial use space. Location is everything, and this incredible site provides an unbeatable setting just off Interstate 635 (LBJ), offering more than 280,000 daily vehicles and simplifying access to the metro area.
This high-density infill location enjoys proximity to Lake Highlands busiest destinations and largest employers, lending strength for new high-demand...
This high-density infill location enjoys proximity to Lake Highlands busiest destinations and largest employers, lending strength for new high-demand housing, shopping, or office space developments. Situated in an existing hospitality hub, the site offers an ideal setting for a new hotel development to benefit from substantial in-place visitor traffic. Across the street is a Home Suites by Hilton, with other nearby major flag hotels including Fairfield Inn & Suites, Extended Stay America, and Holiday Inn Express.
Developments at 9200 Markville Drive are supported by fantastic access to the areas top-quality urban amenities. Within walking distance, tenants or customers can find national retail brands such as Walmart Supercenter, Kroger, Chick-fil-A, and Whataburger, with further upscale shopping opportunities readily available at the nearby North Park and Galleria shopping malls. Accessing the site is made simple by its immediate freeway access, as well as the LBJ/Central DART rail station, which is reachable within walking distance and has service for the Red and Orange Lines. The site benefits from the areas many higher education institutions, including the University of Texas at Dallas, Southern Methodist University, and Richland College. Proximity to Medical City Dallas also cements the site as a prime candidate for a new medical office project or supporting retail/hotel development serving the hospitals 3,000 workers, 28,000 annual patients, and 87,000 annual emergency room visitors.
A new project at 9200 Markville Drive is backed by a strong 3-mile demographic profile of potential customers, residents, tenants, and clients, fueling a wide range of development opportunities. The area is home to over 14,200 businesses, and more than 36% of residents hold a bachelors degree or higher, creating demand for high-quality office space to support business growth and innovation. Additionally, over 67% of the population rents their home, delivering over $299 million in spending on household segments during 2024 and exemplifying elevated demand for new residential inventory.
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