MIDLOTHIAN, TX-A 560-acre mixed-use development site along U.S. Highways 287 and 67 has been listed for $20 million.
The local owner, Fulson Midlothian Partners LP, spent the past seven years assembling the land and gaining entitlements. The plan calls for a mix of development including retail, hotel, office, multifamily and single-family residential, according to John Barker, vice president of investments and director of Marcus & Millichap Real Estate Investment Services. He and Creighton Stark, a senior associate in the firm's Dallas office, are representing the seller.
The parcel features 1.5 miles of frontage along Highway 287 and half a mile of frontage on Highway 67. It generates combined traffic counts of approximately 131,000 vehicles per day.
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