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US 75 & Texoma Dr - Texoma Gateway - Data Center Site

153.33 Acres of Commercial Land Offered at $21,750,000 in Denison, TX 75020

Investment Highlights

  • High traffic intersection driving large consumer base with future convergence of Dallas North Tollway and US 75.
  • Lot is ready to be developed with all utilities already available to site.
  • Ideal location for retailers with over 1900' of frontage on US 75 and Highway 84 and Texoma Dr.
  • Zoning is approved for a mixed use development allowing retail, industrial, commercial, and multi-family use.

Executive Summary

Cash or terms available. Terms 25% down, four-year interest only 6% note with balloon. Property can be divided.

Data Room Click Here to Access

Property Facts

Price $21,750,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Multifamily
Total Lot Size 153.33 AC

1 Lot Available

Lot 3

Price $21,750,000
Price Per AC $141,851
Lot Size 153.33 AC

153.3 AC NEC of I-75 and FM84 and future Grayson County/ Dallas North Tollway. The property has a mixture of commercial, industrial, and multi-family zoning, with thousands of feet of frontage along I-75 and FM84. All utilities available to the site.

Description

• $21,750,000 | 153ac site | Zoned PD allows Retail, Industrial, Commercial, and Multi-Family| Zoning allows up to 60ft building height • Premier Location at US-75 and FM84 | Future start and end of Dallas North Tollway (DNT) in Grayson County. • Potential Data Center Site | Proximity to new Texas Instruments (TI) plant • Currently 25MW capabilities, can ramp up to 100MW capability in three years. • All utilities available to site | Divisible Into Multiple Sites | Adjacent to Oncor 138kv line. - Over 153 acres that has been approved for multiple uses are available for sale at a high-profile intersection. In the future, this parcel will be located at the beginning of the northern entrance and exit to Dallas North Tollway in Grayson County. Cash or Terms Sale available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
109977
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$382,025

zoning

Zoning Code PD
PD
  • Listing ID: 4901401

  • Date on Market: 11/14/2016

  • Last Updated:

  • Address: US 75 & Texoma Dr, Denison, TX 75020

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