TBD Hwy 34 & Brin St.
3 Acres of Commercial Land Offered at $800,000 in Terrell, TX 75160
INVESTMENT HIGHLIGHTS
- Qualified Opportunity Zone
- Feasible and Approved Plan
- Convenient Street Frontage
EXECUTIVE SUMMARY
A plan for constructing 16 townhomes on a spacious ±3-acre land in Terrell, Texas, within Kaufman County, has been approved.
This excellent location holds an additional advantage as it falls within a Qualified Opportunity Zone, presenting potential benefits for investors. Furthermore, the townhomes will be conveniently placed along the street frontage, ensuring easy access and visibility. This approved plan offers a promising opportunity for developers or investors seeking to capitalize on the increasing demand for rental properties in the area.
This excellent location holds an additional advantage as it falls within a Qualified Opportunity Zone, presenting potential benefits for investors. Furthermore, the townhomes will be conveniently placed along the street frontage, ensuring easy access and visibility. This approved plan offers a promising opportunity for developers or investors seeking to capitalize on the increasing demand for rental properties in the area.
PROPERTY FACTS
| Price | $800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.00 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $800,000 |
| Price Per AC | $266,666.67 |
| Lot Size | 3.00 AC |
DESCRIPTION
For sale, a plan for constructing 16 townhomes on a spacious ±3-acre land in Terrell, Texas, within Kaufman County. This excellent location holds an additional advantage as it falls within a Qualified Opportunity Zone, presenting potential benefits for investors. Furthermore, the townhomes will be conveniently placed along the street frontage, ensuring easy access and visibility. This approved plan offers a promising opportunity for developers or investors seeking to capitalize on the increasing demand for rental properties in the area.
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ZONING
| Zoning Code | Opportunity Zone (Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States.) |
