Southlake Commercial Land for Sale — Casey Court — 1.66 Acres on SH-114 Corridor | $4.75M

Casey Court is currently zoned SF-1A (single-family residential). The property can be rezoned for commercial development. Viable rezoning paths include C-2 or TZD for retail and restaurant uses; O-2 or SP-2 for Class A office or medical office; and TZD for luxury townhomes (2 units/acre). Market data supports development scenarios including a ~16,000 SF retail village, ~32,000 SF Class A office, ~25,000 SF medical pavilion, or 3 ultra-luxury townhomes. The City of Southlake Planning Department provides zoning guidance for rezoning applications.

Yes. A ground lease is available at $7/SF NNN on the full 72,442 SF (~1.66 acres). Terms typically run 50–99 years. Benefits include zero land acquisition cost (deploy capital into construction), lower basis for improved project returns, NNN structure for predictable occupancy costs, and 2–3% annual or CPI-linked escalations. The ground lease option is ideal for developers who prefer to build without purchasing the land outright.

Casey Court has direct corridor positioning on the SH-114 corridor in Southlake. TxDOT traffic counts show 151,835 vehicles per day at this segment—placing it in the top 2% of all Texas commercial corridors. The property benefits from dual access via Carroll Avenue, which intersects SH-114. This highway frontage drives exceptional visibility and access for retail, office, and medical uses.

Several factors make Casey Court irreplaceable: (1) At 761 feet, it sits at the highest elevation in North Tarrant County—2+ mile signage visibility. (2) Southlake is 90%+ built out; this is one of the last premier SH-114 parcels. (3) Four contiguous lots (1.66 acres) provide scale for meaningful development. (4) Direct adjacency to the 261-room Westin Dallas Southlake. (5) Average household income exceeds $287,000—4.2× the national median—supporting premium rents and pricing.

Lots 5, 6, and 7 share a direct property boundary with the Westin Dallas Southlake—a 6-story, 261-room hotel on approximately 7 acres. The adjacency creates premium hospitality synergy: hotel guests and event traffic, shared infrastructure, prestige positioning for retail and dining tenants, and a built-in affluent demographic. Development at Casey Court can complement the Westin's existing amenities and capture overflow demand.

Use the secure inquiry form on this page (scroll to the Contact section) or call (323) 839-5800. Provide your name, email, phone, and interest type (Purchase, Ground Lease, or General Information). You will receive the investment summary and due diligence package directly. This is a first-look opportunity before any public listing.

At 761 feet, Casey Court is the highest point in North Tarrant County—261 feet above Dallas CBD and 154 feet above DFW Airport. This elevation delivers 2+ mile signage visibility along the SH-114 corridor. Studies show elevated sites command 15–25% rent premiums due to visibility and prominence. Your building will dominate the skyline and maximize branding exposure for retail, office, or medical tenants.