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Existing Zoning: A (Agriculture)
Frontage: ±1,002 feet on Wager Road
Floodplain: Zone X (Area of Minimal Flood Hazard)
Traffic Counts: 2,535 VPD along College Parkway
Access: Access could be provided two ways from both the
northern and eastern edge of the Property via Kirkpatrick
Lane to the north and South Garden Ridge Boulevard to
the east.
Footnote: LISD will work with buyer to establish access
easements to the property.
Maureen Kelly CooperExecutive DirectorDirect: +1 972 663 [email protected]
Chris HardenDirectorDirect: +1 972 663 9680 [email protected]
Ryan Duffie AssociateDirect: +1 972 663 9708 [email protected]
Michael Thomas Financial AnalystDirect: +1 972 663 [email protected]
Property Details
DFWIN T ERN AT ION AL
AIR PO RT
FORT WORTHDALLAS
LE
WI
SV
IL
LE
L
AK
E
G R A P E V I N E L A K E
MOUN
TAIN
CREE
K LA
K E
JO
E
PO
OL
L
AK
E
LAKE
ARL
INGT
ON
LA K E W O RT H
E AG
LE
MO
UN
T
A I N L A K E
BENB
ROOK
LAKE
LA
VO
N
LA
KE
LA
KE
R
AY
H
UB
BA
RD
NO RTHRIC HLA N D HIL LS
HUR ST
CO LLE YV ILLE
KELL ERSO UT HLAK E
BED FOR DEUL ES S
ARLIN GTON
GRAND PRAIRIE
IRVING
FA RM ER S BRA N C H
CA R ROL LTON
LEW ISV ILL EFLOWER MO UND
BA RTON V IL LE
AR GY LE
DENTON
CO RIN TH
OA K P OIN T LITTLE EL M
FRISCO
AL LEN
FA IRV IE W
LU C AS
PAR KE R
WY LIE
GARLAND
RICHA RDSO N
ROW LE TT
SAC H SE
ROC KWAL L
HE ATH
SUN N YVAL E
FOR NE Y
MESQ UIT E
BA LC H SP RIN G S
SE AG OV ILL E
LAN C A STE RDES OTO
DUN C AN V ILL E
CO P PE R C A N YO N
PE CA N AC RE S
WH ITESE TTLE ME N T
BEN BR OOK
KE NN E DA LE
RE ND ON
EV E RMA N
PLANO
HA LTOM C ITY
SAG IN AW
HA SL ET
NO RTHLA KE
35W
35W
35W
35W
35E
35E
35E
35E
35E
B U S
To view the comprehensive offering materials please visit www.LISD-Property-Portfolio.com.
WAGER ROAD
±24.60 ACRES±1,071,576 SF
3227 Wager Road Flower Mound, TX
FOR SALE
WAGER ROAD
±24.60 ACRES | ±1,071,576 SF
3227 Wager Road | Flower Mound, TX
Maureen Kelly CooperExecutive DirectorDirect: +1 972 663 [email protected]
Chris HardenDirectorDirect: +1 972 663 9680 [email protected]
Ryan Duffie AssociateDirect: +1 972 663 9708 [email protected]
Michael Thomas Financial AnalystDirect: +1 972 663 [email protected]
I N V E S T M E N T H I G H L I G H T S
Rare Development Opportunity: The Property is one of the few large undeveloped tracts of land remaining in the heart of Flower Mound. Nearly all of the area surrounding the property is built-out with almost no land available for development. This phenomenon has contributed to the rise in existing home prices in the immediate area leaving a shortage of inventory for new homes.
Centralized Proximity: The Property’s centralized location make it highly desirable for commuters
looking for convenient access to nearby highways. The intersection of State Highway 121 Business and Interstate 35E is less than 3 miles east of the Property. Additionally, downtown Lewisville and the Denton County A-Train commuter rail is only 5 miles away. This allows commuters the ability to avoid traffic and ride the A-Train, which connects to the DART Light Rail system to the south, providing easy access to Downtown Dallas, Las Colinas and DFW International Airport.
Excellent Schools: The Property is served by highly ranked schools which include Vickery Elementary (7 out of 10), Forestwood Middle School (9 out of 10) and Flower Mound High School (9 out of 10) on Greatschools.org.
Dense In-fill Location: There are over 125,000 residents with average household incomes of over $102,000 annually within 3 miles of the Property. Additionally, the daytime population within the same area is nearly 103,000. Despite this relative density, the area is projected to add another 4,000 households over the next five years.
©2018 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTI-MATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
WAGER ROAD
±24.60 ACRES | ±1,071,576 SF
3227 Wager Road | Flower Mound, TX
Maureen Kelly CooperExecutive DirectorDirect: +1 972 663 [email protected]
Chris HardenDirectorDirect: +1 972 663 9680 [email protected]
Ryan Duffie AssociateDirect: +1 972 663 9708 [email protected]
Michael Thomas Financial AnalystDirect: +1 972 663 [email protected]
DFWIN T ERN AT ION AL
AIR PO RT
FORT WORTHDALLAS
LE
WI
SV
IL
LE
L
AK
E
G R A P E V I N E L A K E
MOUN
TAIN
CREE
K LA
K E
JO
E
PO
OL
L
AK
E
LAKE
ARL
INGT
ON
LA K E W O RT H
E AG
LE
MO
UN
T
A I N L A K E
BENB
ROOK
LAKE
LA
VO
N
LA
KE
LA
KE
R
AY
H
UB
BA
RD
NO RTHRIC HLA N D HIL LS
HUR ST
CO LLE YV ILLE
KELL ERSO UT HLAK E
BED FOR DEUL ES S
ARLIN GTON
GRAND PRAIRIE
IRVING
FA RM ER S BRA N C H
CA R ROL LTON
LEW ISV ILL EFLOWER MO UND
BA RTON V IL LE
AR GY LE
DENTON
CO RIN TH
OA K P OIN T LITTLE EL M
FRISCO
AL LEN
FA IRV IE W
LU C AS
PAR KE R
WY LIE
GARLAND
RICHA RDSO N
ROW LE TT
SAC H SE
ROC KWAL L
HE ATH
SUN N YVAL E
FOR NE Y
MESQ UIT E
BA LC H SP RIN G S
SE AG OV ILL E
LAN C A STE RDES OTO
DUN C AN V ILL E
CO P PE R C A N YO N
PE CA N AC RE S
WH ITESE TTLE ME N T
BEN BR OOK
KE NN E DA LE
RE ND ON
EV E RMA N
PLANO
HA LTOM C ITY
SAG IN AW
HA SL ET
NO RTHLA KE
35W
35W
35W
35W
35E
35E
35E
35E
35E
B U S
Demographics 1 Mile 2 Mile 3 Mile 5 Mile 7 Mile 10 Mile
2018 Population 16,909 64,315 125,004 210,228 310,631 595,331
Projected Population Growth (2018-2023) 1.48% 1.64% 1.84% 1.93% 1.99% 2.07%
2018 Households 5,903 22,553 43,877 76,490 112,554 214,574
Estimated 2023 Households 6,346 24,468 47,942 84,227 123,961 237,068
Projected Household Growth (2018-2023) 1.46% 1.64% 1.79% 1.95% 1.95% 2.01%
2018 Median Household Income $99,693 $102,234 $80,612 $83,586 $89,314 $90,673
Estimated 2023 Median Household Income $108,004 $110,991 $86,089 $89,487 $95,894 $98,520
2018 Average Household Income $99,693 $102,234 $102,510 $112,161 $118,442 $120,087
2018 Median Home Value $214,148 $202,537 $215,683 $252,032 $274,285 $270,048
Unemployment Rate 2.60% 3.10% 3.10% 2.70% 2.70% 3.00%
Daytime Population 10,191 50,355 102,675 194,802 284,798 598,226