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703 Cook Street
Josephine, TX 75189

24 ACRES OF OPPORTUNITY IN JOSEPHINE, TX · Land For Sale · 23.85 AC

Investment Highlights

  • Josephine, TX has experienced exponential household growth in the last 5 years with very limited growth of local retail / commercial
  • The current zoning on the property is LR and SF. The city is amicable towards ALL of it being LR per their overall comprehensive plan
  • TxDOT will be enlarging FM 6 in the near future with eventual plans for a 6 lane divided highway
  • This tract lies in the Local Retail area of the city’s current comprehensive plan along one of the main thoroughfares and surrounded by new residentia
  • The flood area on the north of the property can be lifted out and filed through a LOMAR after remediation per the surveyor/engineer
  • Motivated seller and entertaining offers

Executive Summary

Prime investment opportunity. The town of Josephine has experienced exponential household growth in the past 5 years and is in desperate need of retail and commercial services to support the local community. This tract is on one of the main thoroughfares in town with excellent visibility and exposure. It is surrounded by new residential developments in all directions

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 23.85 AC

1 Lot Available

Lot

Price $4,895,555
Price Per AC $205,264
Lot Size 23.85 AC

- 23.858 Acres on Cook Street / Highway 6 in fast-growing Josephine, TX

Description

Josephine, TX has experienced exponential household growth in the last 5 years with very limited growth of local retail / commercial to support the local residents This tract lies in the Local Retail area of the city’s current comprehensive plan along one of the main thoroughfares and surrounded by new residential developments The current zoning on the property is LR and SF. The city is amicable towards ALL of it being LR per their overall comprehensive plan The flood area on the north of the property can be lifted out and filed through a LOMAR after remediation per the surveyor/engineer TxDOT will be enlarging FM 6 in the near future with eventual plans for a 6 lane divided highway Motivated seller and entertaining offers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-6228-000-0080-1
Land Assessment
$850,400
Improvements Assessment
$0
Total Assessment
$850,400

zoning

Zoning Code LR and Residential (The property is currently zoned part Local Retail and part Residential. Property is in the Local Retail area of the city’s current comprehensive plan.)
LR and Residential (The property is currently zoned part Local Retail and part Residential. Property is in the Local Retail area of the city’s current comprehensive plan.)
  • Listing ID: 34235029

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 703 Cook Street, Josephine, TX 75189

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