Walnut Park, a 42-acre development at North Central Expressway and Walnut Hill, is up for grabs after Wells Fargo Bank took ownership of the property through foreclosure.
The property, now banked owned, is for sale at an undisclosed price, with Holliday Fenoglio Fowler, LP marketing the site to potential investors who want prime retail space bordering Central Expressway.
The area, which is close to Texas Health Presbyterian Hospital Dallas and North Park Center, was slated for redevelopment in 2004 and zoned for planned development.
At the time, Wells Fargo originated a loan to developers, but later acquired the property in a 2009 foreclosure proceeding.
The current zoning allows for a mix of residential, lodging, office and retail development.