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12901 Elam Road Balch Springs, TX $ 1,750,000
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$ 1,750,000 Get more info
12901 Elam Road
$ 1,750,000
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Share Save

12901 Elam Road

Balch Springs, TX, 75180
$ 1,750,000
Baths0.0

Monthly Estimate*

$ 11,631

12901 Elam Road, Balch Springs, TX 75180 - Image 1
12901 Elam Road, Balch Springs, TX 75180 - Image 2
Studio

Commercial Property for sale in Balch Springs, TX

for $1,750,000. The lot size is 9.123.

The property is located on the north side of Elam Road, just 2 blocks east of IH-635 in Balch Springs.  This area features almost 24,000 seniors 65+ in a 5-mile radius, which is forecasted to be just over 29,000 in 5 more years.   Elam Road is a 4-lane boulevard with raised median, but a median opening exists at the property.  The city police-fire administration, city library, and city civic center are three buildings basically across the street.  The site has 9.123 acres, perfect rectangular shape, and 429' of frontage on Elam Road.   It is gently sloping with no FEMA flood plain.   The frontage is zoned LR Local Retail, most of the balance is zoned MF-16 Multi-Family allowing 16 units per acre, and 2.5 acres is zoned Single Family.  Townhome development would be ideal with two double loads of 82-foot lots. City staff said if multi-family, they would prefer market rate MF and NO tax credit. City water and city sewer mains are both nearby.   Seller is motivated to get this sold.

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Commercial Contingent

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,036

Style

Unimproved Land

Lot Size

9.123

Town/City

Balch Springs

County/Region

Dallas

MLS | Web ID

20500086
Features
Exterior
Waterfront 0
Lot Features Acreage Interior Lot Many Trees
Lot Size Source Plans
Lot Size 5 to < 10 Acres
Lot Size Dimensions 430x923
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General
Utilities City Sewer City Water Electricity Available
Possession Closing/Funding
Topography Gentle slope trees no flood
Business Type Other
Property SubType Unimproved Land
Subdivision Name Rose Gardens
County Dallas
Property Type Commercial Sale
Special Notes Owner/ Agent
Status Active Option Contract
Directions From IH-635 go east on Elam Road 4 tenths of a mile and property on the left or north side of Elam Road.
City Balch Springs
Buyer Agent Compensation 1.00%
Street Name Elam
Standard Status Active Under Contract
Buyer Agent Compensation Type %
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Interior
Street Suffix Road
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Internal Only
Street Number 1 12901
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* Excluded Features
List By
Wayne Burgdorf

Listing Agent

Burgdorf Realty Group

Broker

Affordability Calculator

$11,801
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,631
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/2/2024 $1,750,000 -10.26% Price Down
12/26/2023 $1,950,000 Listed Price

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12901 Elam Road, Balch Springs, TX, 75180 is a Commercial Property for sale at $1,750,000 with a lot size of 9.123. 12901 Elam Road is a studio with 0.0 baths. The property's zip code is 75180 which is in Balch Springs, TX

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