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Highway 114 - Northwest Commercial Land

16.77 Acres of Commercial Land Offered at $6,000,000 in Justin, TX 76247

Investment Highlights

  • NISD future enrollment growth is 4.7% in 2021, and 4.9% in 2022.
  • Approximately 4 miles west of Texas Motor Speedway
  • 2400 Planned Roof Tops Planned and Plotted
  • Located less than 3 miles from Tanger Outlets
  • Lots sit adjacent from Northwest High School
  • Easy access to TX-114, I-35W, FM 156

Executive Summary

• NISD- The #1 fastest growing school district in Region 11, which includes 77 districts over 10 counties. NISD has 5,209 students, and the 5 year forecast has 3,000 additional students in the forecast.
• NISD future enrollment growth is 4.7% in 2021, and 4.9% in 2022.
• Located less than 3 miles from Tanger Outlets
• Approximately 4 miles west of Texas Motor Speedway
• Lots sit adjacent from Northwest High School
• Zoned "E" Neighborhood Commercial - Retail, Banks, Restaurants, Office, Service
• Located less than a mile from the 189-acre golf course community, Fairways at Champion Circle.
• 500 Existing Roof Tops
• 2400 Planned Roof Tops Planned and Plotted
• Easy access to TX-114, I-35W, FM156
• Traffic Count is at 23,097 per day at 114 and Rivers Edge

Attachments

COMMERCIAL_LAND

Property Facts

Price $6,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Convenience Store
  • Fast Food
  • Healthcare
Total Lot Size 16.77 AC
Cross Streets Texan Drive

1 Lot Available

Lot 16

Price $6,000,000
Price Per AC $357,782
Lot Size 16.77 AC

16.77 Acres - $6,000,000 4 Acres at the Corner - $3,485,000 2 Acres at the Corner - $2,180,000

Description

SVN Trinity Advisors is pleased to present this 16+ commercial development opportunity in Justin, Texas. The subject property is conveniently located right across from Northwest ISD Stadium and just minutes away Texas Motor Speedway, Tanger Outlets and Buc-ee's. Now Offering Several Options to Divide Land: 16.77 Acres - $6,000,000 4 Acres at the Corner - $3,485,000 2 Acres at the Corner - $2,180,00

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R654427
Land Assessment
$100
Improvements Assessment
$0
Total Assessment
$100

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 20493918

  • Date on Market: 8/3/2020

  • Last Updated:

  • Address: Highway 114, Justin, TX 76247

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