For Auction
Absolute Auction
First bid meets reserve
Asset Snapshot
Offering Summary
CBRE and RealINSIGHT are pleased to present 5305 & 5306 Keeneland Parkway (the “Property”) consisting of 1.48 acres in Dallas, Texas. The Property offers an exceptional investment opportunity via development and first bid meets reserve!
The tracts consist of 1.48 acres across two parcels on Keeneland Parkway, near the intersection of Loop 12 (S Walton Walker Blvd) offering direct access to downtown Dallas. Both parcels have frontage on Keeneland Parkway with 5,553 vehicles per day and benefit from proximity to Loop 12 with an additional 147,535 vehicles per day. The Property is in a robust trade area near a mix of multi-family housing, retail, and industrial demand generators. The Property benefits from immediate traffic drawn by Super Fiesta Bazaar and Grocer, Church’s Fried Chicken, and Shell. Additionally, the Property benefits from proximity to Dallas National Golf Club, a 400-member course designed by Tom Fazio. Both Properties are currently zoned MF-2A, Multifamily District 2.
The Properties are located approximately 10 miles west of downtown Dallas. The Property is in a densely populated residential area and benefits from compelling demographics. In 2021, the Property had approximately ±213,940 individuals residing within a five-mile radius with an average household income of ±$64,146.
Due Diligence
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Platform Fee
Buyer pays a minimum platform fee of 5% or $20,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
