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414 TX-31 - 414 E Royall Blvd

0.48 Acres of Commercial Land Offered at $95,000 in Malakoff, TX 75148

Investment Highlights

  • 140' State Hwy Frontage
  • Corner lot with 2 curb cuts
  • Heavy trafficked highway

Executive Summary

Nestled on a prime corner of a bustling major Texas thoroughfare, this 0.482-acre commercial lot presents a lucrative opportunity for those seeking a strategic investment. Situated along the well-trafficked expanse of TX-31, this property boasts a location that not only guarantees visibility but also ensures a steady stream of passersby, making it an ideal canvas for a variety of ventures.
The canvas, in this case, is nearly pristine, with the vast majority of the 0.482-acre expanse thoughtfully cleared and awaiting the touch of development. This blank slate provides an exciting prospect for entrepreneurs and investors, offering an array of possibilities for those with a vision. Whether envisioning a vibrant retail space, a sophisticated office complex, or a thriving small business enclave, this commercial lot is primed and ready for transformation.
One of the key assets of this property lies in its accessibility and connectivity. Positioned along a major Texas highway, TX-31, the lot ensures maximum exposure to a diverse and extensive audience. The constant flow of traffic on this well-traveled route enhances the visibility of any enterprise that chooses to call this location home. Such exposure is a valuable commodity, acting as a natural magnet for potential customers and clients.

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes $59 $122.92
Operating Expenses - -
Total Expenses $59 $122.92

Financial Summary (Actual - 2023)

Taxes
Annual $59
Annual Per AC $122.92
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $59
Annual Per AC $122.92

Property Facts

Price $95,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Auto Repair
  • Carwash
  • Convenience Store
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Self Storage
  • Storefront, Retail or Office
Total Lot Size 0.48 AC
Cross Streets S Lane St
Opportunity Zone Yes

1 Lot Available

Lot

Price $95,000
Price Per AC $197,917
Lot Size 0.48 AC

0.482-Acre level commercial lot on busy corner along TX-31 Hwy. Utilities available.

Description

Nestled on a prime corner of a bustling major Texas thoroughfare, this expansive 0.482-acre commercial lot presents a lucrative opportunity for those seeking a strategic investment. Situated along the well-trafficked expanse of TX-31, this property boasts a location that not only guarantees visibility but also ensures a steady stream of passersby, making it an ideal canvas for a variety of ventures. The canvas, in this case, is nearly pristine, with the vast majority of the 0.482-acre expanse thoughtfully cleared and awaiting the touch of development. This blank slate provides an exciting prospect for entrepreneurs and investors, offering an array of possibilities for those with a vision. Whether envisioning a vibrant retail space, a sophisticated office complex, or a thriving small business enclave, this commercial lot is primed and ready for transformation. One of the key assets of this property lies in its accessibility and connectivity. Positioned along a major Texas highway, TX-31, the lot ensures maximum exposure to a diverse and extensive audience. The constant flow of traffic on this well-traveled route enhances the visibility of any enterprise that chooses to call this location home. Such exposure is a valuable commodity, acting as a natural magnet for potential customers and clients. Infrastructure is a cornerstone of any successful development, and this commercial lot stands ready with all utilities available. The groundwork has been laid, quite literally, for a seamless integration into the urban landscape. Electricity, water, and other essential services are at the ready, streamlining the development process and eliminating potential hurdles. This thoughtful preparation not only saves time but also contributes to the overall appeal of the property, making it an enticing prospect for those looking to initiate a project promptly. The versatility of this lot is a key selling point. Its size and strategic location make it suitable for a myriad of purposes. Entrepreneurs with a vision for a bustling retail haven can capitalize on the high visibility and accessibility. Visionaries seeking to establish a sophisticated office complex will find the canvas expansive enough to accommodate their ambitions. Even those dreaming of nurturing a small business enclave will discover that this lot offers the ideal foundation for such endeavors. In essence, this 0.482-acre commercial lot is not just a piece of land; it is a canvas awaiting the strokes of innovation and enterprise. Its prime location, coupled with the convenience of available utilities, positions it as an attractive investment opportunity. The convergence of space, visibility, and infrastructure makes this lot an appealing prospect for developers and investors alike. It beckons, whispering promises of potential and prosperity to those ready to seize the opportunity and breathe life into its open expanse. This canvas, once developed, has the potential to not only enhance the local landscape but also contribute significantly to the economic tapestry of the thriving Texas community it calls home.

zoning

Zoning Code Commercial (Mixed use commercial)
Commercial (Mixed use commercial)
  • Listing ID: 30043570

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 414 TX-31, Malakoff, TX 75148

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