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TBD Wall St Rd - TBD Wall Street Rd
65 Acres of Commercial Land Offered at $7,410,000 in Gunter, TX 75058
Executive Summary
*$114,000 per acre
65 AC: $7,410,000
25 AC: $2,850,000
12 Acre tracts available at $124,000 per acre ($1,488,000)
Prime property right in the heart of Grayson County's growth explosion. Best of all, the property now has an ag exemption with a year to year surface lease. Buyer may apply to continue an agricultural use before development if desired. Road easement from Wall Street is available at no cost until other access is provided or, acreage is available at $115,000 per acre for a 60' wide road on the north side to connect acreage to Wall Street. A great investment opportunity for multiple types of development, including commercial, residential or industrial uses. Grayson County and the City of Gunter should be consulted for any development plans. About 20 miles to Texas Instruments, GlobiTech, Sherman's Progress Park, planned Margaritaville Resort and luxury housing at Lake Texoma and to the South, Frisco's North Platinum Corridor.
Property Facts
1 Lot Available
Lot 1
| Price | $7,410,000 | Lot Size | 65.00 AC |
| Price Per AC | $114,000 |
| Price | $7,410,000 |
| Price Per AC | $114,000 |
| Lot Size | 65.00 AC |
* Can be divisible to a minimum of 25 AC at a price of $2,850,000 *$114,000 per acre 12 Acre tracts available at $124,000 per acre ($1,488,000)
Description
Family farmland for nearly 100 years, this tract is now on the proposed preferred route of the Grayson County Tollway. The intent to dedicate 400’ for the Tollway has been signed with Grayson County. Huge developments in Grayson County should push this expansion. With Texas Instruments, Globitech, both Sherman and Denison adding new retail, industrial and housing developments, including a new Margaritaville on Lake Texoma with retail and luxury housing planning to break ground this year the need for the completion of the Grayson County Tollway linking Dallas, Frisco, Prosper, Celina and Grayson County is apparent.
PROPERTY TAXES
| Parcel Number | 131668 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $277,738 |
PROPERTY TAXES
zoning
| Zoning Code | D2 (Agricultural, potential future use Commercial or Industrial Agricultural, with potential future use, Commercial, Industrial) |
| D2 (Agricultural, potential future use Commercial or Industrial Agricultural, with potential future use, Commercial, Industrial) |
Presented by
TBD Wall St Rd - TBD Wall Street Rd
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