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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 Cooper Executive Director Direct: +1 972 663 9619 [email protected] Chris Harden Director Direct: +1 972 663 9680 [email protected] Ryan Duffie Associate Direct: +1 972 663 9708 ryan.duffi[email protected] Michael Thomas Financial Analyst Direct: +1 972 663 9837 [email protected] Property Details DFW INTERNATIONAL AIRPORT L E W I S V I L L E L A K E G R A P E V I N E L A K E NORTH RICHLAND HILLS HURST COLLEYVILLE KELLER SOUTHLAKE BEDFORD EULESS IRVING FARMER CARROLLTO LEWISVILLE FLOWER MOUND BARTONVILLE ARGYLE DENTON CORINTH OAK POINT LITTLE ELM COPPER CANYON HALTOM CITY AW HASLET NORTHLAKE 35W 35W 35W 35E 35E 35E 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 - LoopNet · 2019. 3. 7. · DES OT L ANC STER DUNCANVILLE C OPER CA NY PECAN ACRES WHITE SETTLEMENT BEN R OK KENNEDALE RE NDO EVERMAN PLANO HALTOM CITY SAGINAW HASLET

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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