
400 North Ervay
400 N Ervay St, Dallas, TX, 75201-3113, US
78 单元
JLL is proud to offer an exceptional acquisition opportunity: a prime 1.08-acre
property located at 5016 McKinney Avenue in Dallas, Texas. This distinctive site
comprises 5 contiguous parcels, positioned advantageously just north of the
prestigious Knox district. Zoned PD 193 LC, the property presents a wide array of
development possibilities, encompassing multi-family residences, office spaces,
and hotel establishments. The site's development potential is further enhanced
by its generous allowances, featuring a maximum building height of 240 feet and
an approved floor area ratio (FAR) of 4:1, opening doors to substantial vertical
development opportunities.
5016 McKinney Avenue boasts a strategic location in Dallas, offering unparalleled access to some of the city's most prestigious neighborhoods and retail destinations. Situated near the affluent Park Cities, the vibrant Knox District, and the exclusive Preston Hollow, the property is surrounded by areas with average home values ranging from $1 million to $2.9 million. Its proximity to premier shopping at Highland Park Village and Knox District, coupled with easy access to top-rated schools in Lakewood and the M Streets, makes it highly attractive to both residents and businesses. This prime positioning, particularly its closeness to executive housing areas, establishes Upper Knox District as an ideal choice for C-Suite professionals and companies seeking a prestigious address that seamlessly blends luxurious living with business convenience in the heart of Dallas.