The Pleasant Grove - SE Dallas retail submarket is operating at a 2.4% vacancy rate with zero square feet of new supply delivered in the trailing twelve months. That combination points to a development-driven opportunity in a corridor where existing demand exceeds current retail capacity. The 5-mile trade area surrounding this site covers 270,000+ residents, $5.2B in consumer buying power, and 66,971 daytime employees (Source: CoStar). The Balch Springs Amazon delivery station, approximately one mile north of this parcel, reinforces the corridor's logistics and last-mile employment density. The combined residential and daytime employment base supports a wide range of retail, service, and medical uses. The 2.689-acre parcel at 2429 Hickory Tree Road sits one block off Lake June Road in an established retail node anchored by a Walmart Supercenter, with Dollar General, Church's Chicken, 7-Eleven, AT&T, CareNow Urgent Care, and Fresenius Kidney Care all within walking distance. Lake June Road carries approximately 24,000 VPD at this corridor intersection. I-635 carries over 130,000 VPD (per TXDOT) approximately one mile east, providing access to the broader Dallas metro. The C - Commercial District zoning supports owner-user retail, QSR, medical and dental, personal service, multi-tenant strip development, or single-tenant NNN build-to-suit. The site is not in a FEMA flood zone.
| MLS # | 21385142 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 24 |
| Listing Provided By | Wisdom REALTORS | Rita Gozlan-Derjavetz |
| Zoning | C - Commercial District |
|---|---|
| Acreage | 2.69 |
| Lot Features | Other |
|---|
| Utilities | Other |
|---|
| Unexempt Taxes | 5706 |
|---|---|
| Tax Lot | 29R |
| Tax Legal Description | LAKE JUNE ESTATES LT 29R ACS 2.689 |
| State | TX |
|---|---|
| County | Dallas |
| City | Balch Springs |
| Zip Code | 75180 |
| Area | Dallas |
| Community Name | Lake June Estates |
| School District | Mesquite ISD |
| Elementary School | Achziger |
| High School | Horn |
| Listing VS Median (in Lake June Estates) | |
Price: $399,999 low | high Med: $0 On site: 24 low | high Med: | |
| State | TX |
|---|---|
| County | Dallas |
| City | Balch Springs |
| Zip Code | 75180 |
| Area | Dallas |
| Community Name | Lake June Estates |
| School District | Mesquite ISD |
| Elementary School | Achziger |
| High School | Horn |
| Listing VS Median (in Lake June Estates) | |
Price: $399,999 low | high Med: $0 On site: 24 low | high Med: | |