Cj Mcelrath

$1,043,000

1.77 Acres

Arlington, Texas, 76011

Exceptional redevelopment opportunity in the heart of Arlington’s rapidly transforming Entertainment District. Situated on approximately 1.7730 acres (77,230), this property offers investors, developers, and builders a rare chance to acquire a strategically located parcel surrounded by major public and private investment.The property is zoned RM-12 (Residential Medium-Density 12), allowing for a variety of residential development options including single-family attached, duplex, townhouse, and single-family detached housing, with a maximum density of 12 dwelling units per gross acre. The site is also located within the Entertainment District Overlay (EDO), a premier 2,700-acre district established to encourage high-quality redevelopment, mixed-use opportunities, and cohesive urban design surrounding Arlington’s world-class attractions.Adding to its strategic value, the property is immediately adjacent to the City of Arlington’s 501 N East Street redevelopment initiative, an approximately 0.90-acre city-owned tract currently being marketed through a redevelopment RFP, creating additional assemblage and long-term development potential.Located just minutes from AT&T Stadium, Globe Life Field, Texas Live!, Choctaw Stadium, Loews Arlington Hotel & Convention Center, and the National Medal of Honor Museum, the site benefits from strong tourism, employment, entertainment, and residential demand drivers.The property may also offer future flexibility through Arlington’s Planned Development (PD) process, which can provide enhanced development flexibility in exchange for public benefits and superior site design.Whether pursuing residential redevelopment, townhouse construction, long-term investment, or assemblage with surrounding properties, 500 E Sanford presents a compelling opportunity in one of the most dynamic growth corridors in North Texas.